Kings Infra Ventures, a technology-driven sustainable aquaculture Company has signed a pact with Tamil Nadu J. Jayalalithaa Fisheries University (TNJFU) Nagapattinam, Tamil Nadu for a collaborative project to develop standardized pond-based culture technique for commercially important marine species. According to the pact, the TNJFU would provide the research and analysis while Kings Infra takes care of the infrastructure and funding needs of the project.
The focus of the project is to help the small and marginal farmers to augment their income by helping them to adopt sustainable aquaculture practices, based on the model developed by the collaborative project between Kings Infra and TNJFU.
The project has been designed to be replicated and the model spread across the entire coastal community in Tamil Nadu and other parts of the country.
Describing the purpose of the collaborative venture Shaji Baby John, Chairman and Managing Director of Kings Infra said the project has three key aims : (i) To develop a standard technology for pond based RAS (Recirculated Aquaculture System) for Vannamei farming (ii) To develop a standard technology for pond culture of commercially important marine finfishes such as cobia, pompano, and seabass(iii) To demonstrate the developed technology to the farming community through on-farm training.
The farm unit of the Kings Infra Ventures at Chipikulam in Thoothukudi, Tamil Nadu will be carrying out the study for the collaborative venture.
The Kochi-based Kings Infra has been championing the cause of environmentally sustainable aquaculture for the past many years to enhance productivity and farmers' income. Sustainable aquaculture has tremendous scope for growth as 49% of global demand for human consumption of fish is contributed by aquaculture.
Aquaculture shrimp contributed 74% value of the Indian seafood exports worth Rs 437,170 million exports in FY 2021.
Shares of the company declined Rs 0.20, or 0.55%, to settle at Rs 35.85. The total volume of shares traded was 94,766 at the BSE (Monday).
