The Indian poultry industry has demanded permission to import at least one million tonnes of soybean meal, to help them deal with the impending competition of cheaper imports of chicken legs from the USA.
Producers think this will help the poultry industry to get cheaper raw material and reduce its cost of production, which is three times the cost of production of US chicken legs, reports the Economic Times.
As India lost its World Trade Organisation battle against the import of US chicken legs, the poultry industry expects to see the impact of the ruling in 12 to 18 months.