Suguna Foods

Suguna Foods Private Limited

Company type	Private
Industry	Poultry farming
Founded	1984
Founder	B Soundararajan G B Sundararajan
Headquarters	Udumalpet, Tamil Nadu, India
Area served	India, Asia
Key people	B Soundararajan (Chairman) G B Sundararajan Vignesh Soundararajan (MD)
Products	Chicken meat, Chicken eggs, Delfrez, Mother's Delight,
Brands	Suguna Chicken Suguna Feeds Delfrez Mother's Delight MICROZE
Revenue	₹127 billion (US$1.5 billion) (2022–2023) [1]
Net income	₹3.64 billion (US$43 million) (2022-2023) [2] [ full citation needed ]
Number of employees	8000 +
Website	www.sugunafoods.com

Suguna Foods Private Limited is an Indian multinational food products company headquartered in Coimbatore, India. The company was started in 1984 and is involved in broiler farming, hatcheries, feed mills, processing plants, and vaccines manufacturing for poultry. ^{[3] [4]}

History

Suguna Foods was founded in 1984 by Mr. B. Soundararajan and Mr. G. B. Sundararajan. They started a small poultry farm with a small investment of Rs 5000. In 1986 they started a poultry-related trading firm. In 1990 the situations around them demanded them to pioneer the concept of contract farming for the first time in India. ^[5]

From 1990 to 1997, the company grew gradually. In 1997, the company got its first sizable turnover of 7 crores. Expanded their business all over Tamil Nadu and started professionalizing the company. At the end of 90's, they got turnover of 100 crores.

In 2000, the founders moved into the neighboring states of Karnataka and Andhra Pradesh. They found an ally in several state governments due to their objective to Energize Rural India. They overcame the opposition of the middlemen with the help of farmers and the respective state governments.

Suguna ranks among the top ten poultry companies worldwide.^{[ citation needed ]} With operations in 16 states across India, it offers a range of poultry products and services. The fully integrated operations cover broiler and layer farming, hatcheries, feed mills, processing plants, vaccines, and exports. Suguna markets live broiler chicken, value-added eggs, and frozen chicken.

In 2020, Suguna Foods has funded a $15 million contract with the Asian Development Bank (ADB) to maintain poultry agricultural production. ^[6]

References

1. "Suguna foods:About us" . Retrieved 28 March 2015.
2. "Suguna Foods Private". 13 May 2019. Archived from the original on 22 July 2023. Retrieved 22 July 2023.
3. "Suguna Foods: Meet the Rs 9,000 crore poultry goliath from Tamil Nadu". Forbesindia.com.
4. [www.thehindu.com/business/poultry-firm-suguna-unveils-delfrez-brand/article37971473.ece "Poultry firm Suguna unveils Delfrez brand"]. The Hindu. 16 December 2021.{{cite web}}: Check |url= value (help)
5. G, Sangeetha (10 July 2023). "Suguna to double processed food production in four years | Suguna to double processed food production in four years". www.deccanchronicle.com.
6. "Suguna Foods inks $15 Mn deal with ADB to sustain poultry farming operations". AgroSpectrum. 15 September 2020. Retrieved 11 February 2021.