MEDIA RELEASE PR39870
Venky's First Overseas Poultry Feed Mill in South East Asia
PUNE, India, June 7 /PRNewswire-AsiaNet/ --
M/s. Venky's (Vietnam) Co Ltd., a wholly owned subsidiary of
VH Group (Venkateshwara Hatcheries), recently inaugurated construction work
on a state-of-the-art facility for the manufacture of poultry feed in the Tay
Ninh Province of Vietnam. The facility is the company's first foray into the
South East Asian market and will generate local jobs as well as provide
quality poultry feed for local farmers.
To celebrate the construction of the new facility as well as
the entry of the VH Group into Vietnam, Dr Ch. Yagna Brahmam, Resident
Director of Venky's (Vietnam) Co. Ltd. organised a farmer's meet involving
300 local poultry farmers at Caravelle Hotel, Ho Chi Minh City.
The event was opened by Kuldeep Singh, Acting Consul,
Consulate General of India in Vietnam. Henrique Calisto, Head Coach of the
Vietnamese National Football Team, was guest of honour and event ambassador.
In his opening address, Mr Singh praised the potential offered
by Vietnam's vibrant economy and welcomed the VH Group to the country. Mr
Calisto told local farmers Venky's "Is a very good company and you can now
all be assured of good quality feed."
The poultry feed facility is scheduled to become operational
by the end of 2010 and provide jobs for approximately 100 skilled and
unskilled workers in its first year of operation. When fully operational it
will produce around 4500 MTs of poultry feed per month to cater to the
requirements of poultry farmers in Vietnam.
Venky's (Vietnam) Co. Ltd. is also planning to establish a
sophisticated poultry diagnostic laboratory in South Vietnam to provide free
diagnostic and technical services to local farmers.
The farmer's meet attracted poultry farmers from provinces
throughout southern Vietnam as well as agri-commodity suppliers, poultry feed
dealers, Indian investors and bankers, and board of governors and members
from the Indian Business Chamber in Vietnam.
The VH Group (Venkateshwara Hatcheries) is the leading Indian
poultry conglomerate based in Pune. Venky's (Vietnam) Co. Ltd., with an
Investment of around US$ 4 Million, will be a major stepping stone for the VH
Group to strengthen its position in the South East Asian market.
Mr.Henrique Calisto is an experienced Portuguese football
coach who went to Vietnam in June 2001, and has since devoted tremendous
energy to Vietnamese football. He is currently Head Coach of the senior and
under-23 national football teams.
About VH Group
Established in 1971, the VH Group (Venkateshwara Hatcheries)
is a fully integrated poultry company in India, with a turnover of approx.
USD 770 million. It provides complete poultry solutions from basic breeding
to providing ready-to-eat chicken and processed egg variants. VH markets its
products through the 'Venky's' brand. The Group has 26 registered companies
in India and is expanding its global footprint to various locations including
Switzerland, Bangladesh and other countries of the Middle East and Africa.
The poultry feed plant in Vietnam project was developed under the leadership
of Chairperson Mrs Anuradha J Desai and Directors Mr. Jitendra Desai, Mr. B.
Venkatesh Rao and Mr. B. Balaji Rao. For more information log in to
Please feel free to contact us for any further assistance you
might require:
Mr. Nilay Parikh, PR manager
VH Group
Mob: +919867555041
E-mail - tonilay@gmail.com
Ms. Archana Yadav
Perfect Relations
Mob: +919769223014
E-mail - ayadav@perfectrelations.com
SOURCE: VH Group
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