Country's biggest poultry venture Suguna is to put around $67.2 million in India, Bangladesh and Kenya. The proposed investment will be sponsored by International Finance Corporation (IFC).

Coimbatore-based Suguna is one of the main poultry integrators in India with activities covering all zones of the poultry part.

Suguna's completely incorporated tasks spread oven and layer cultivating, incubation centers, feed factories, and handling plants across 20 Indian states and one in UT, and have an international presence in Sri Lanka, Bangladesh, and Kenya. The fundamental working organization under SHPL is Suguna Foods Private Limited (SFPL) in India, which produces more than 97 percent of the group's incomes. 

Suguna is planning production expansion, including the development of poultry framework including an incubation facility, preparing plant, poultry condition controlled shed, premix plant, and related poultry resources, just as steady working capital financing, through a $42.9 million venture at SFPL in India to additionally grow its activities in northern and eastern India, fundamentally in Uttar Pradesh, Odisha and West Bengal and the development of feed factories, raisers. 

The organization is likewise arranging incubators in Bangladesh and Kenya through a $15.9 million investment in Suguna Food and Feeds Bangladesh Pvt. Ltd.

IFC support will includ a credit of up to $15 million and an INR designated non-vonvertible debentures (NCDs) of up to Rs 180 crore to SFPL in India.