Kathmandu, January 6:

Pro Bio-Tech Industries is planning to go public within next two years.

“It is planning to be the first public limited company in agriculture sector,” said Ananda Bagaria, director of Pro Bio-Tech Industries — under the Nimbus Group — that has recently received international quality management certification ISO 9001: 2000 for its commitment to quality control, productivity and service delivery process. It is also the only Nepal Standard Mark certified animal feed manufacturing industry in Nepal.

“The industry has a modern and state of the art testing facilities for feed and feed supplements to ensure the quality of the products. Our commitment to quality consists of a comprehensive set of initiatives that address issues surrounding animal nutrition, animal health, technical and non technical support services,” he added.

“Pro Bio-Tech with its annual turnover of approximately Rs 2 billion at present plans to be a Rs five-billion turnover company by 2013,” Bagaria said adding that it aims to bring agri-revolution through modernisation and commercialisation of agriculture sector — that generates 60 per cent to 70 per cent of employment — in the country.

Poultry Industry contributes four per cent to annual GDP and eight per cent to agricultural GDP. There are 101 feed-industries in Nepal and Pro Bio-Tech — the leading animal feed manufacturing company — has 15 to 16 per cent market share. “It also exports its Shakti brand of pellet feed — that is the first and only animal feed in Nepal to have NS Mark — to India,” he informed.

“Shakti brand of pellet feed is the first and only one poultry feed exported to India,” said the director of Birgunj-based company that has a daily production capacity of 200 Metric Tonne (MT) per day.

“We are soon expanding the capacity to 450 MT,” promised the young entrepreneur, who dreams of organising a national agri summit in near future.

Pro Bio-Tech Industries has more firsts to its credits. Its also first company in Nepal to have

vertical feed storage facility Silo that has a storage capacity of 25,000 MT. “The industry has also the first soya solvent extraction plant,” Bagaria added.