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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