Dhaka, Jan. 9 -- Index Agro Industries foresees a double digit growth this year as well, supported by the increasing demand for eggs, meat and chicken.
Its revenue rose 13.12 per cent year-on-year to Tk 4.14 billion for the fiscal year 2022. The company expects that the growth will continue despite the global forecasts of further economic hardships in 2023.
Two major factors that will have crucial roles in it are Index Agro's dependency on locally-produced raw materials and that it supplies its products - animal feed and day-old chicks - to the local market.
Therefore, the company is not much vulnerable to external risks, said Company Secretary Abu Jafar Ali.
"We have achieved a satisfactory growth in the fiscal year 2022 despite the...