The aim of this article is to provide a thorough overview of the top 10 aquaculture companies in India. The farming of aquatic species like fish, mollusks, and aquatic plants is known as aquaculture. It is anticipated that aquaculture production will rise from 47.2 million metric tonnes to 93.6 million metric tonnes by 2030.
One of the top aquaculture companies in India is Apex Frozen Foods. The company began operating in 1995 and is now among India’s top exporters and producers of shrimp that has been processed into a ready-to-cook state. The businesses BayPremium, Bay Harvest, and Bay Fresh own Apex Frozen Foods. This business’s annual sales are 871 crores, and it has a profit of roughly 50 crores.
The corporation has a presence in various industries and throughout the years has created an integrated spectrum of business operations. This entails owning and leasing 15,240 MTPA of processing capacity, 1,200-1,800 acres of arable land, and 1.2–1.4 billion SPF (combined fertility of particular disease-free seeds).
The largest player and one of the best aquaculture companies in India, Avanti Feeds Ltd, is situated in the Indian state of Andhra Pradesh. The business is ISO-certified and has two export units, two shrimp processing units, and five units that make shrimp feed. This company has grown their sales by 21.69% during the last three years. The NSE, or National Stock Exchange, and the BSE, or Bombay Stock Exchange, both list the shares of this company. The business runs four windmills with a combined capacity of 3.2 MW as a result of all these operations.
When it was established in 1993, India’s first fully integrated aquaculture enterprise was called Waterbase Limited. LUXE, Taiwan, one of the top aquaculture companies in India & provider of shrimp and fish feed worldwide, provided technical support. The business partnered with prestigious colleges and international aquaculture institutes. Industry-wide best practices have been developed by numerous professionals in the fields of animal health care, development and research, agricultural services, product development, and product development.
The shrimp products of Coastal Corporation Limited are consumed by millions of people in the United States, Canada, Europe, Australia, Russia, China, Korea, Hong Kong, Australia, Saudi Arabia, and the United Arab Emirates. One of the biggest aquaculture companies in India is Coastal Corporation Limited, which has a capital of 234.90 crores. The business boasts about the cutting-edge technologies it uses for everything from processing to sourcing, supplying shrimp that are adulterated and of the highest quality to the global market, and packaging.
With a production capacity of 1500 tonnes of shrimp, Zeal Aqua was one of the biggest aquaculture companies in India in 2015. One of India’s most well-known shrimp farmers, this business wins in Gujarat and is rated among the country’s top aquaculture firms. This business asserts that it uses cutting-edge technology to provide consumers and clients with the highest-quality shrimp and a professional work ethic. Their gates contain 66 more technically improved PE lines and roughly 160 earthen ponds.
On August 21, 1992, Uniroyal Marine Exports Limited was established and is categorised as a non-government organisation. The Registrar of Companies in Ernakulam has it listed as a public company. This business deals with the production, processing, and preservation of fats, fruits, oils, vegetables, meat, fish, etc. The authorised share capital for this company is Rs. 80,000,000, and the company has 64,795,000 in paid-up capital. The Ministry of Corporate Affairs (MCA) reports that Uniroyal Marine Exports Limited’s most recent annual general meeting (AGM) took place on September 26, 2020. On March 31, 2020, this company submitted its most recent balance sheet.
Chandaluru, who is currently a director of this business, created Smilax Industries in 1994. This company’s main products are fish and shrimp feed, and as of the first quarter of the year, it had a capital of 0.87 crores. Due to its history and large popularity; it is undoubtedly one of the largest aquaculture companies in India.
This business was started by A K Jai in 1985, and its main office is located in Kolkata. Adinath Bio-Labs, Ltd. primarily manufactures pharmaceuticals, but it also makes chemicals and pharmaceutical raw materials for the pharmaceutical and aromatic industries. Liquids like peppermint and menthol oil are among the key products that Adinath Bio-Labs specialises in.
Online outsourcing services are provided by Softech Infinium Solutions Limited, a company that was established in 1992. The main goods produced by this company’s core industry include fish, orchards, farming, cattle, and aquaculture. Gopi Narayanan Yadav started the business, which is worth Rs 8 crore in the market. Its main office is in Chennai, which is in Madras.
Previously known as Bommidala Aquamarine Limited, the company is now renamed BKV Industries Limited. To support industrial aquaculture initiatives, this corporation was established as a public limited company. One of the most successful and innovative shrimp farming operations in the world is known as the firm. Over the course of more than 40 years, the Bommidala family has promoted this enterprise across numerous industries. A project that would include processing facilities, internal hatchery farms and a marketing system has been established by Bommidala Aquamarine Limited. The 12.5-hectare shrimp farm that the business built at Isukapalli Village, Kuru Island, and Nellore in Andhra Pradesh is already complete.