IFC proposes $54m loan to Indian poultry integrator Suguna Group

IFC proposes $54m loan to Indian poultry integrator Suguna Group

Hens in a poultry farm. Photo: Carl Schlabach/unsplash

Suguna Group, an India-headquartered multinational food products company, seeks to expand its poultry infrastructure in India, Bangladesh, and Kenya through a $67.2 million investment that the International Finance Corporation (IFC) proposes to partly finance.