Is Shrimp Business In India Headed In The Right Direction
Global aquaculture experts see India as a land of promise as far as shrimp industry is concerned. The latest developments in this domain have opened doors for lucrative business opportunities that one might like to grab. Renowned industrial players such as Waterbase limited, a business line of KCT group are plunging into this domain with the expectations to get good returns. There are several states in India that offer a fertile ground for shrimp business such as Andhra Pradesh, West Bengal and especially the Indian west coast which has so much of untapped potential. Particularly the south Indian states of India which have the potential to give a tough fight to countries like Laos or Vietnam but a lot of infrastructure, man-power and finances are required for that. Since 2010, cultured shrimp exports in India have been growing at a rate of 30% per annum but that comes from only 9% of brackish water being utilized. Even the most intensive shrimp farms in India stock