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VERIFIEDET Finance·positive
Poultry industry set to return to 10% growth this fiscal on stronger demand, prices: Crisil
AI Summary
- ·India's poultry industry is projected to achieve 10% growth this fiscal, according to Crisil Ratings.
- ·Stronger egg and broiler prices, coupled with steady demand, are expected to drive this growth.
- ·Operating margins are anticipated to improve by 50-70 basis points, even with a 3-5% increase in feed costs.