30 Jan, 2018
In an aim to promote tilapia culture in India and boost the seafood industry, Cargill opened its first Indian aquaculture feed mill, with a capacity of 90,000 tonnes a year. The company has established the plant in Vijayawada and acquired from Mulpuri Foods & Feeds. This move is termed as an important step in Cargill’s work to develop its aqua feed business in India and across Asia. The new feed plant marks the introduction of Cargill’s EWOS brand of aqua nutrition fish feed products to India.
The unit is located in the Andhra Pradesh region which is being hyped as the capital of aquaculture in India and produces fish feed products for tilapia and other warm water species. Cargill currently works with toll millers in the region, selling about 30,000 tonnes of fish feed a year, so the new plant triples its fish feed capacity in India. Cargill invested more than US$10 million in this plant that will create 200 new jobs in the region.
Managing Director of Cargill aqua nutrition in South Asia, Chad Gauger said “This is a vibrant market and we’re excited to better serve farmers across Andhra, Tamil Nadu, Odisha and Bengal. The new facility positions us to better meet their demand, as the country will soon become the most populous in the world.”
President of Cargill Aqua Nutrition, Einar Wathne said “India presents great opportunities for Cargill and plays an important part in our aqua nutrition growth strategy in Asia. The plant leverages Cargill’s industrial and supply chain capabilities, as well as our innovation expertise to provide customers with the best possible feed solutions, helping them grow healthy seafood and increase their output.”