Kings Infra Ventures has signed a Memorandum of Understanding (MoU) with Government of Andhra Pradesh to develop the Rs 2,500 crore, 500-acre Kings Maritime Aquaculture Technology Park near Srikakulam, close to Visakhapatnam. The project positions Andhra Pradesh as a global hub for smart, technology driven and sustainable aquaculture. As part of the agreement, the Government has nominated the District Collector of Srikakulam to identify suitable land parcels and expedite all statutory approvals, enabling immediate commencement of Phase I operations once the land is finalized.
The Technology Park will be developed through a Rs 500 crore direct investment by the company, participating investors and institutions for core infrastructure, processing, and R&D facilities, with an additional Rs 2,000 crore expected to flow indirectly through ancillary industries, tank-based systems, MSME participation, and renewable energy clusters. Designed as a first-of-its-kind aquaculture innovation hub, it will house hatcheries, indoor farming systems, multi-species culture units, processing lines, a marine bio-actives division, and an AI-driven digital operations centre.
Kings Infra Ventures is pioneer in India's seafood and aquaculture industry was originally registered as ‘Victory Aqua Farm’.
| Company Name | CMP |
|---|---|
| Apex Frozen Foods | 458.15 |
| Zeal Aqua | 14.21 |
| Sharat Industries | 149.75 |
| Waterbase | 48.11 |
| Kings Infra Ventures | 123.60 |
| View more.. | |
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