Seafood company Aquaconnect announced its entry into aquaculture biological research and production with an investment of USD 4.5 million.
The firm is setting up advanced R&D and production facilities to drive innovation in aquaculture formulations, as stated in a release, news agency PTI reported.
Aquaconnect is in talks with leading biotech companies in the EU and the US to collaborate on developing formulations tailored to Indian aquaculture needs, leveraging global research expertise.
Rajamanohar, CEO of Aquaconnect, noted, "Expanding into farm care biologicals is a natural step for us as an integrated aquaculture technology platform. We're committing long-term capital to push the boundaries of aquaculture biologicals research."
The company plans to use a data-driven approach to accelerate product validation, optimizing field parameters and sharing key insights with its R&D teams. Aquaconnect aims to offer formulations focused on nutrition, water quality management, growth optimization, biosecurity, and disease control, customized for India's varied aquaculture environments.
With its R&D and production hub in Gujarat, Aquaconnect aims to leverage its extensive network of aquaculture partners nationwide to bring these innovations directly to farmers at the grassroots level.
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