Avanti Feeds is working on a multi-pronged strategy to weather the industry headwinds and protect margins and maintain growth. The strategy includes focusing on value-added exports, newer markets, ready-to-eat shrimp products, and a foray into the pet food business in a joint venture with a Thai company.
The company also looks forward to government support in ensuring raw material availability at competitive prices in the domestic market. The company is looking at new markets like China and Japan, apart from the traditional US and European markets, due to subdued demand and prices in the latter.
Avanti Feeds is the leading manufacturer of Prawn and Fish Feeds and Shrimp Processor and Exporter from India.
