Charoen Pokphand Foods Pcl, a Thai animal feed producer, will invest 600 million baht ($18.9 million) in India to almost double output to 300,000 tonnes a year, according to a local newspaper.
The increase in production will allow the company to increase its poultry-farm production to 1.2 million chicken’s a week from 700,000, the report said, citing CP Foods Vice President Virachai Ratanabanchuen.