Top export sector for India market


Did you know?

India's poulty industry is growing by 10% annually, but corn production is stagnating.


Corn (for poultry feed)

(in million tonnes or million metric tons)

Corn (for poultry feed) 1994-95 1995-96 1996-97
Total market size

9.1

9.8

10.0

Locally produced 9.1 9.8 10
Total exports 0.02 0.03 0.03
Total imports 0 0 0.5
Source: Independent studies
Year ending 31st March

Points to be noted:

  • The above statistics could seem bland to foreign companies, but a deeper look at the sector's realities will show good prospects for imported corn.

  • Corn is a main input for poultry feed production. The poultry industry is growing at a rate of 10 per cent annually, but corn production is stagnating.

  • Import duty on corn is zero.

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