Uno Feeds, India, saw its turnover increase by more than 100 percent to INR 1.70 billion (€21.6 million/$28.2 million), a massive jump from INR 0.90 billion (€11.5 million/$14.9 million) in 2011. It sold 70,000 metric tons of feed in 2012, increasing significantly from the 35,000 metric tons sold in 2011.
Uno Feeds is the first company in India to produce formulated and pelleted feed. "Earlier, farmers only used traditional feed," Narsimha Rao, managing partner at Uno Feeds told IntraFish. "We began producing formulated feed in 2012 with the support of the American Soybean Association."
Rao
