The global shrimp market continues to be volatile with a mixed outlook, given strong competition. However, Avanti Feeds said the consumption forecast remains promising.
The organised premium seafood players are growing 30 percent annually, against 9-10 percent growth in the local seafood market, as Indian customers warm up to products such as shrimps, lobsters, prawns and seer fish.
Kings Infra Ventures says its Sista 360 will benefit 10,000 farmers over the next five years. Its Eco Mari Culture (EMU), up for international patent, should take off in three months from Tamil Nadu.