Suguna

completed

Suguna Poultry Farms Ltd. (the company or Suguna) is one of India’s largest poultry companies. Suguna works with around 10,500 contract poultry farmers, who receive the company’s support in terms of guaranteed prices and off-take as well as hands-on technical assistance in the actual poultry rearing operations. The company’s headquarters are located in Coimbatore, Tamil Nadu. Going forward, the company’s strategy is to expand breeder farm, hatchery and feed mill capacity. In order to achieve its growth strategy, over the next four years, the company proposes to implement an investment program and has requested IFC to provide debt and equity financing towards funding this program. The key components of this program are: - Expansion of breeder capacity; - Expansion of hatcheries capacity; and - Expansion of feed-mill capacity.