India’s aquaculture industry has grown into an important part of the country’s seafood sector, supporting fish and shrimp production, processing, exports, and employment. The industry includes companies involved in shrimp farming, fish production, aquaculture feed, hatcheries, seafood processing, and related services.
In this guide, we’ve listed 10 prominent aquaculture companies in India in 2026, looking at factors such as their industry presence, core operations, products, production or processing capabilities, and market reach. Whether you’re researching the aquaculture industry or looking for established companies in the sector, this list provides a practical starting point.
The Components of Aquaculture
Aquaculture involves more than simply raising fish. It combines suitable aquatic species, farming systems, nutrition, water management, harvesting, and sustainable practices.
1. Aquatic Organisms
Aquaculture covers the farming of fish, shrimp, shellfish, seaweed, and other aquatic organisms. The species selected depends on factors such as water conditions, climate, market demand, and farming methods.
2. Aquaculture Systems
Aquatic organisms can be raised in ponds, tanks, cages, flow-through systems, and recirculating aquaculture systems (RAS). The right system depends on the species, available resources, water conditions, and scale of production.
3. Feed and Nutrition
Proper nutrition is essential for healthy growth and efficient production. Aquaculture feed is formulated according to the nutritional needs of different species and may include ingredients such as fishmeal, plant proteins, oils, vitamins, and minerals.
4. Water Quality
Water quality directly affects the health and growth of farmed species. Key parameters include dissolved oxygen, pH, temperature, salinity, and ammonia levels. Regular monitoring helps farmers maintain suitable conditions and reduce disease risks.
5. Harvesting
Once aquatic organisms reach the required size, they are harvested using methods suited to the species and farming system. Harvested products may then undergo cleaning, processing, storage, and transportation before reaching consumers or export markets.
6. Sustainable Practices
Sustainable aquaculture focuses on responsible use of water and other resources, effective waste management, disease prevention, and reducing environmental impacts. These practices are increasingly important for the long-term growth of the aquaculture industry
10 Top Aquaculture Companies in India
Now that we’ve covered the basics of aquaculture, let’s take a closer look at 10 prominent aquaculture companies in India and their role in the industry.
1. Avanti Feeds Limited
Avanti Feeds is one of India’s established aquaculture companies, with operations covering aquafeed, shrimp farming support, hatcheries, and processed shrimp. Its facilities include feed plants, a shrimp hatchery, and processing and export units.
- Founded: 1993
- Headquarters: Hyderabad, Telangana
- Main business: Aquafeed, shrimp hatcheries, shrimp processing and exports
- Aquaculture products: Shrimp feed, fish feed, shrimp and processed seafood
- Processing/farming capacity: Multiple feed manufacturing units, hatchery operations and two processing facilities
- Export markets: USA, Canada, Europe, Asia and the Middle East
- Official website: Avanti Feeds
2. Apex Frozen Foods Ltd
Apex Frozen Foods focuses primarily on shrimp processing and exports. The company processes and supplies ready-to-cook shrimp products for international markets and reports its business as a single shrimp-processing segment.
- Founded: 1995
- Headquarters: Kakinada, Andhra Pradesh
- Main business: Shrimp processing and seafood exports
- Aquaculture products: Vannamei and black tiger shrimp
- Processing/farming capacity: Integrated shrimp processing and sourcing operations
- Export markets: USA, Europe, Japan and other international markets
- Official website: Apex Frozen Foods
3. CP Aquaculture India
CP Aquaculture India is part of the Charoen Pokphand Group and operates in India’s aquaculture sector. Its business is closely associated with aquafeed, shrimp farming support and technical services for farmers.
- Founded: Not clearly stated in the sources reviewed
- Headquarters: Chennai, Tamil Nadu
- Main business: Aquaculture feed and farmer support
- Aquaculture products: Shrimp and fish feed
- Processing/farming capacity: Feed and aquaculture operations; a reliable current capacity figure was not available
- Export markets: Primarily serves the Indian aquaculture market
- Official website: CP Aquaculture India
4. Growel Feeds
Growel has built its business around aquaculture feed, seafood processing, hatcheries and aqua services. The company says it has more than 35 years of experience and operates across several parts of the aquaculture value chain.
- Founded: 2008
- Headquarters: Eluru District, Andhra Pradesh
- Main business: Aquafeed, seafood processing, hatcheries and aqua services
- Aquaculture products: Shrimp feed, fish feed and hatchery feed
- Processing/farming capacity: 400,000 MT aquafeed; processing facilities include 2,400 MT cold storage capacity
- Export markets: China, USA, EU and Japan
- Official website: Growel Feeds
5. Godrej Agrovet
Godrej Agrovet is a diversified agribusiness company with animal feed as one of its major business segments. Its portfolio includes feed solutions across livestock and other agricultural applications, making it a broader agribusiness player rather than a dedicated aquaculture company.
- Founded: 1990
- Headquarters: Mumbai, Maharashtra
- Main business: Animal feed and diversified agribusiness
- Aquaculture products: Feed-related products; dedicated aquaculture products should be verified before publication
- Processing/farming capacity: Large-scale animal feed operations
- Export markets: Domestic and international markets across its businesses
- Official website: Godrej Agrovet
6. The Waterbase Ltd
Waterbase is an established Indian aquaculture company with operations in shrimp feed and processed shrimp. Its FY 2024–25 annual report shows a relatively balanced business across these two segments.
- Founded: 1987
- Headquarters: Chennai, Tamil Nadu
- Main business: Shrimp feed and processed shrimp
- Aquaculture products: Shrimp feed and processed shrimp
- Processing/farming capacity: Integrated feed and shrimp-processing operations
- Export markets: International seafood markets
- Official website: The Waterbase
7. Zeal Aqua
Zeal Aqua is a Gujarat-based aquaculture company involved in shrimp farming and related aquaculture activities. The company describes itself as a pioneer in aquaculture farming and satellite farming in Gujarat.
- Founded: 2009
- Headquarters: Olpad, Surat, Gujarat
- Main business: Shrimp farming and aquaculture
- Aquaculture products: Farmed shrimp and related aquaculture products
- Processing/farming capacity: Integrated aquaculture operations; current capacity should be checked against its latest annual report
- Export markets: Seafood markets in India and abroad
- Official website: Zeal Aqua
8. Coastal Corporation Limited
Coastal Corporation is an Indian seafood company focused mainly on shrimp and seafood processing and exports. The company publishes regular annual reports, including reports for FY 2024–25 and FY 2025–26.
- Founded: 1978
- Headquarters: Hyderabad, Telangana
- Main business: Seafood processing and exports
- Aquaculture products: Shrimp and other processed seafood
- Processing/farming capacity: Seafood processing facilities and associated sourcing operations
- Export markets: USA, Europe, China, Middle East and other international markets
- Official website: Coastal Corporation
9. Uniroyal Marine Exports
Uniroyal Marine Exports is an established seafood processing and export company. Its official website states that its facilities can produce more than 13,100 tonnes of IQF seafood and 4,000 tonnes of block-frozen seafood annually.
- Founded: 1992
- Headquarters: Kerala, India
- Main business: Seafood processing and exports
- Aquaculture products: Processed shrimp and other seafood
- Processing/farming capacity: 13,100 tonnes of IQF and 4,000 tonnes of block-frozen seafood annually
- Export markets: International seafood markets
- Official website: Uniroyal Marine Exports
10. Devi Sea Foods Ltd
Devi Sea Foods is an Andhra Pradesh-based seafood company with operations covering shrimp processing and exports. Its registered office is in Visakhapatnam, and the company also operates through an international office in the USA.
- Founded: 1972
- Headquarters: Visakhapatnam, Andhra Pradesh
- Main business: Seafood processing and exports
- Aquaculture products: Shrimp and other seafood products
- Processing/farming capacity: Integrated seafood sourcing and processing operations
- Export markets: USA and other international markets
- Official website: Devi Sea Foods
Benefits of Aquaculture
Aquaculture supports food production while creating economic opportunities across farming, processing, transportation, and related industries.
1. Supports Food Security
Aquaculture provides a reliable source of fish and seafood, helping meet growing demand for nutritious aquatic foods in domestic and international markets.
2. Creates Economic Opportunities
The industry supports employment and income across farming, feed production, processing, logistics, and seafood exports, particularly in regions with established aquaculture operations.
3. Supports Seafood Production
Farmed fish and shrimp can supplement wild-caught seafood and help meet rising consumer demand without relying entirely on capture fisheries.
4. Enables Controlled Production
Aquaculture allows farmers to manage factors such as feeding, water quality, stocking, and disease prevention, helping maintain more consistent production conditions.
5. Supports Fish Restocking
Certain aquaculture operations can produce juvenile fish for restocking programs, helping support fisheries management and the recovery of selected aquatic populations.
Aquaculture Industry in India: Key Statistics
| Key Statistic | Value |
| Global Aquaculture Rank | 2nd |
| Market Size | ~$37.36 Billion |
| Total Fish Production | 197.75 Lakh Tonnes |
| Seafood Exports | ₹62,480 Crore |
| Export Volume | 1.78 MMT |
| Top Export Product | Frozen Shrimp |
| Top Export Market | USA |
| Leading State | Andhra Pradesh |
| Sector Employment | ~30 Million |
Financial year 2024–25 Revenue
| Company | FY 2024–25 Revenue |
| Avanti Feeds Ltd | ₹5,612.26 crore consolidated revenue from operations (Scribd) |
| Apex Frozen Foods Ltd | ₹813.55 crore revenue from operations (The Economic Times) |
| CP Aquaculture India | ₹687.41 crore revenue (The Company Check) |
| Growel Feeds | ₹869.87 crore revenue (The Company Check) |
| Godrej Agrovet | ₹9,383 crore total revenue (Godrej Agrovet) |
| The Waterbase Ltd | ₹282.93 crore total income (Waterbase India) |
| Zeal Aqua Ltd | ₹511.32 crore revenue from operations (Zeal Aqua) |
| Coastal Corporation Ltd | ₹628.22 crore consolidated revenue from operations (NSE India Search Archives) |
| Uniroyal Marine Exports | ₹28.45 crore total operating revenue (Stock Discovery) |
| Devi Sea Foods Ltd | FY25 exact revenue not publicly verified |
Conclusion
India’s aquaculture industry continues to grow, supported by rising seafood demand, shrimp exports, advanced farming practices, and expanding processing capabilities. The companies covered in this article represent some of the important players contributing to India’s aquaculture and seafood sector. From aquafeed and hatcheries to shrimp farming, processing, and exports, these businesses operate across different stages of the value chain. Whether you are researching the Indian aquaculture market, looking for leading seafood companies, or studying potential business opportunities, understanding their operations and market presence can provide useful insights. Always check the latest company reports and official sources for updated information.
Some more important Reference Links
- Department of Fisheries, Government of India – Annual Report 2024–25
India ke fisheries/aquaculture production, policies, sector development aur official statistics ke liye. Department of Fisheries – Annual Report 2024–25 - MPEDA – India Seafood Export Performance 2024–25
Seafood exports, shrimp exports, export value, volume aur major export markets ke liye. MPEDA – Seafood Export Performance 2024–25 - MPEDA – Marine Products Export Data
Item-wise aur market-wise export data, including frozen shrimp, fish and other seafood products. MPEDA – Marine Products Export Data
Frequently Asked Questions
India’s aquaculture sector contributes to domestic seafood production, employment, processing, and exports. Shrimp farming is particularly important to the country’s seafood export industry.
Shrimp and freshwater fish are among the most widely farmed species in India. Vannamei shrimp is especially important in commercial shrimp farming and seafood exports.
Andhra Pradesh is a major centre for commercial shrimp farming, supported by extensive farming areas, processing facilities, hatcheries, feed suppliers, and established export networks.
Depending on their business model, companies may provide aquafeed, hatchery seed, technical guidance, farm inputs, disease-management support, processing, or access to export markets.
Shrimp has a strong international market and forms a significant part of India’s seafood export business. Indian shrimp products are supplied to markets including the United States, China, Japan, and Europe.
An aquaculture company may be directly involved in farming, hatcheries, feed, or farm support, while a seafood company may focus mainly on processing and exporting products sourced from farms or fisheries. Some businesses operate across both areas
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