Friday, December 2, 2022

Top 10 Aquaculture Companies in India [Aquaculture Business]

The purpose of this article is to give you a complete description of the top 10 aquaculture companies in India. Aquaculture is the farming of aquatic organisms such as aquatic plants, mollusks, and fish. By 2030, aquaculture production is expected to increase from 47.2 million metric tons to 93.6 million metric tons. Based on data from 2018, India ranks second globally in aquaculture and third in fisheries, according to the National Fisheries Development Board.

Top 10 Aquaculture Companies in India

1. Apex Frozen Foods Ltd

Apex Frozen Foods ranks among India’s top aquaculture companies. The company started its business operations in 1995 and is one of the leading exporters and producers of shrimp, ready-to-cook, processed in India. Apex Frozen Foods is owned by BayPremium, Bay Harvest, and Bay Fresh companies. The yearly sales of this company are 871 crores, out of which they have a profit of about 50 crores. 

With a presence in all verticals, the company has, over the years, developed an integrated range of operations. This includes 1.2-1.4 billion SPF (combined fertility of specific disease-free seeds), acres of arable land of around 1,800, and ownership and leasing of 15,240 MTPA processing capacity.

2. Avanti Feeds Ltd

Avanti Feeds Ltd is India’s leading player in the aquaculture sector, which is present in Andhra Pradesh, India. The company has two export units, two shrimp processing units, and five shrimp feed manufacturing units and is certified by ISO. The sales growth of this company is 21.69% in 3 years.

This company’s shares are listed on the NSE, or National Stock Exchange, and the BSE, or Bombay Stock Exchange. With all these operations, the company operates four windmills with a capacity of 3.2 MW.

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3. Waterbase Ltd

Waterbase Limited was the first fully-integrated aquaculture company in India when it was founded in 1993. With technical assistance from LUXE, Taiwan, one of the world’s leading suppliers of fish feed and shrimp. Leading universities and international aquaculture institutes partnered with the company. Many industry professionals have created industry-wide best practices in animal health care, agricultural services, development and research, product development, and product development.

4. Coastal Corporation Limited

Millions of people in Russia, China, Korea, Hong Kong, Australia, Saudi Arabia, the United Arab Emirates, Canada, Europe, and the United States use Coastal Corporation Limited’s shrimp products. Coastal Corporation Limited is one of India’s top agricultural brands, with a capital of 234.90 crores. From processing to sourcing, providing adulterated and superior quality shrimp to the international market, and packaging, the corporation brags about the cutting-edge technologies it employs.

5. Zeal Aqua

In 2015, Zeal Aqua was the leading aquaculture firm with the highest shrimp production capacity, with 1500 tonnes of shrimp produced. This company, one of India’s most well-known shrimp growers, comes out on top in Gujarat and is listed among India’s major aquaculture companies. This company claims to use cutting-edge technology to offer the highest-quality shrimp to consumers and customers with a professional work ethic. Their gates have about 160 earthen ponds and 66 PE-lines that are more technically advanced.

6. Uniroyal Marine Exports

Uniroyal Marine Exports Limited is classified as a non-government company and was incorporated on August 21, 1992. It is a public company and is registered with the Registrar of Companies, Ernakulam. This company is involved in preserving, processing, and producing fats, oils, fruits, vegetables, fish, meat, etc. This company has 64,795,000 in paid-up capital, and the authorized share capital is Rs. 80,000,000. According to the records of the Ministry of Corporate Affairs (MCA), The last general meeting (AGM) of Uniroyal Marine Exports Limited was held on September 26, 2020. The last balance sheet of this company was filed on March 31, 2020.

7. Smilax Industries

Smilax Industries was founded in 1994 by Chandaluru, who is currently working as a director of this company. Fish and shrimp feed are the core products of this company, and in the first quarter of the year, the company’s capital was 0.87 crore.

8. Adinath Bio Labs

A K Jai founded this company in 1985, and its headquarters are in Kolkata. Adinath Bio-Labs, Ltd. is primarily a pharmaceutical manufacturer, but it also produces chemicals and pharmaceutical raw materials for the aromatic and pharmaceutical sectors. Adinath Bio-Labs specializes in core products, which include liquids like peppermint and menthol oil.

9. Softech Infinium Solutions

Softech Infinium Solutions Limited, which was founded in 1992, offers Internet-related outsourcing services. The primary products of this company’s core business are shrimp feed, fish, orchards, farming, livestock, and aquaculture. The company was founded by Gopi Narayanan Yadav and has a market valuation of Rs 8 crore. Its headquarters are in Chennai, Madras.

10. BKV Industries

The company, formerly known as Bommidala Aquamarine Limited, is currently known as BKV Industries Limited. This company has been incorporated as a public limited company to promote industrial projects related to aquaculture. The company is recognized as one of the most profitable and progressive shrimp farming businesses in the world. The Bommidala family has promoted this company for over four decades in various business lines. Bommidala Aquamarine Limited has launched an integrated project that will feature processing plants, in-house hatchery farms, and a marketing setup. The company has already completed the 12.5-hectare shrimp farm at Kuru Island, Isukapalli village, and Nellore in Andhra Pradesh.

Conclusion

Our article provides you with comprehensive information about aquaculture companies in India according to our research and data. Hopefully, this article will provide you with complete information about these companies. In addition to this, please leave a comment in the comment box if you need any other information that has not already been provided by us.

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Anamika Kalwan
Anamika Kalwan
I am a logophile who loves to write. With an experience of 3+ years, I have passionately contributed my expertise and knowledge to create content in the field of Technical and E-learning based Content Writing.I am a logophile who loves to write. With an experience of 3+ years, I have passionately contributed my expertise and knowledge to create content in the field of Technical and E-learning based Content Writing.

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