ICSFDC News Alerts

India: Desi Shrimp Farms Get Made in India Feed by S V Krishna Chaitanya April 04,2016   |  Source: The New Indian Express

Complimenting the ‘Make in India’ vision envisaged by Prime Minister Narendra Modi, researchers in Chennai at Central Institute of Brackishwater Aquaculture (CIBA) have developed indigenously formulated feed for the multi-billion dollar shrimp industry, which is being dominated by a few foreign companies. Branded as Vannamei Plus, the Indian-made feed is highly cost-effective, while matching the output levels of international brands. The technology is attracting large-scale farmers and entrepreneurs from different aquaculture States like Andhra, Gujarat and Kerala. Three medium-scale feed mills have been built in several states and will be inaugurated later this month to meet the local demand. CIBA director Dr K K Vijayan told Express that in shrimp aquaculture industry, the feed constitutes 60 percent of cost of production. In the last five years, the cost of shrimp-feed has more than doubled. The current market price is Rs 88 per kg, while the actual input cost is under Rs 50. Companies thus enjoy large margins. Firms offer high commissions along with fluid sops to dealers including lavish foreign trips to secure their market dominance.

“Now, through Vannamei Plus, we want to cut the cost of production by at least 20 percent. To produce one kilo of the commercial

 

© 2016, The New Indian Express.

Post Comment
Search

Title/Storyline/Country/Keyword


Select Date:

Select Themes

Subscribe for DC News Alerts
Years in Support of Small Scale Fishworkers (1986 - 2018)