German firm EW Group to invest Rs 200 cr in India’s poultry sector

Germany-based agribusiness major EW Group has announced plans to invest Rs 200 crore in India’s poultry sector over the next three years through its newly incorporated subsidiary, Lohmann Layers India.

A global leader in animal genetics, EW Group entered the Indian market directly after its subsidiary, International Layer Distribution (ILD), acquired JK Breeders Pvt Ltd for an undisclosed amount. The company had been operating in India for over 15 years through a franchise arrangement with JK Breeders and will now shift to a direct operational model.

Antonio Paraguassu, Managing Director for Asia and Australia at ILD, said India is one of the world’s fastest-growing poultry markets and the formation of Lohmann Layers India reflects the company’s long-term commitment to Indian farmers.