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    HomeNewsBusinessCompaniesLooking to expand aggressively; targeting growth of 20%: Waterbase

    Looking to expand aggressively; targeting growth of 20%: Waterbase

    Waterbase's majority of the business is to manufacture feed for shrimp farmers. In an interview to CNBC-TV18, from the sidelines of the Kotak Securities Midcap Conference 2017, Ramakant Akula, CEO of Waterbase spoke about the latest happenings in the company.

    CNBC-TV18
    December 12, 2017 / 14:33 IST

    Waterbase's majority of the business is to manufacture feed for shrimp farmers. In an interview to CNBC-TV18, from the sidelines of the Kotak Securities Midcap Conference 2017, Ramakant Akula, CEO of Waterbase spoke about the latest happenings in the company.

    We are going aggressively in geographical expansion; we are expanding our market, our customer base. Therefore, looking at a growth of at least 20 percent and above from now, said Akula.

    He further said that we have a market share close to 7 percent in India today.

    According to him, shrimp feed market in India is about Rs five-and-a-half thousand crore.

    Watch accompanying video for more details.

    CNBC-TV18
    first published: Dec 12, 2017 02:33 pm

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