Kings Infra Ventures to position Andhra Pradesh as global hub for sustainable aquaculture
The government has nominated the Srikakulam District Collector to identify suitable land parcels and expedite all statutory approvals, enabling immediate commencement of Phase I operations once the land is finalised
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The Kochi based Kings Infra Ventures Ltd has signed MoU with Andhra Pradesh to develop 500-acre Kings Maritime Aquaculture Technology Park near Srikakulam, close to Visakhapatnam.
The ₹2,500 crore project positions Andhra Pradesh as a global hub for smart, technology-driven and sustainable aquaculture. 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 finalised.
The Technology Park will be developed through a ₹500 crore direct investment by Kings Infra, participating investors and institutions for core infrastructure, processing, and R&D facilities, with an additional ₹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.
Major highlight
A major highlight of the Park is the Aquaculture Skill & Innovation Centre, which will train and certify 5,000 aqua professionals over five years.
Shaji Baby John, Chairman & Managing Director, Kings Infra Ventures Ltd, said, “The project is envisioned as a global model for smart and sustainable aquaculture. We invite international technology leaders, research institutions, and investors to join us in this path-breaking initiative. By integrating AI, biotechnology, automation, and renewable energy into a unified ecosystem, we aim to create the world’s most advanced aquaculture platform – built in India, for the world”.
The Park will support multi-species culture including shrimp (L Vannamei and black tiger), seabass, grouper, tilapia, mud crab and select freshwater and marine species, enabling year-round production and diversified export markets. A dedicated Marine Nutraceutical & Bio-actives Unit will convert biomass into high-value ingredients such as astaxanthin, Omega-3 oils, marine collagen and seaweed-based bio actives, strengthening the project’s circular economy model.
Sreeram Inagalla, COO – International Business, Kings Infra Ventures Ltd, said, “our focus is to build a fully integrated ecosystem – combining R&D, multi-species farming, digital farm management, processing, training, and bio-economy verticals.
Published on November 17, 2025
