India's seafood export volume hits all-time high in FY24
India shipped 17,81,602 metric tonnes of seafood worth ₹60,523.89 crore in FY24.
India shipped 17,81,602 metric tonnes of seafood worth ₹60,523.89 crore in FY24.
In a country that feasts on poultry, Alluri Indra Kumar has focussed on shrimp farming. Now his firm Avanti Feeds is set to reap the benefits from the government’s focus on the seafood industry.
The meat and seafood brand is aiming for more than ₹1000 crore in revenue by 2023.
The fund will be utilised to ramp up its presence, boost its product portfolio, and strengthen its supply chain. Licious had raised $25 million in September, too.
The Bengaluru-based startup plans to enter Mumbai and Pune markets by the end of 2018.