Key Highlights
- Kings Infra to develop a 500-acre Integrated Maritech and Aquaculture Cluster in Srikakulam.
- Initial investment of ₹500 crore announced for the project.
- Land identification underway after LoI submission to Andhra Pradesh Government.
- Project expected to create 1,500 direct and 10,000 indirect jobs.
- Cluster to include multi-species aquaculture, RAS systems, and nutraceutical units.
- 5,000 aquaculture entrepreneurs to be trained over five years.
- Vizag Port connectivity to support high-value seafood exports.
- Sri Aqua acquisition to strengthen operational depth and market access.
- Project designed as a fully renewable energy-powered, carbon-neutral model.
Kings Infra Ventures Ltd. (BSE: 530215), a company engaged in sustainable aquaculture since 1987, has announced significant progress on its proposed Integrated Aquaculture Technology Park in North Andhra. The company plans to establish a 500-acre Integrated Maritech and Aquaculture Cluster in the Vizag–Srikakulam region with an initial investment commitment of ₹500 crore.
Land Identification Moves Forward
Following the submission of a Letter of Intent to the Government of Andhra Pradesh, senior company officials—Mr. Sriram Inagalla, COO – International Business, and Mr. Joseph Raghunath, Head of Operations—held discussions with the Srikakulam District Collector and the Mandal Revenue Officer. The discussions focused on identifying suitable land parcels for multi-species aquaculture, checking infrastructure availability, assessing water resources, and evaluating long-term expansion possibilities.
Formal agreements with various stakeholders will be finalised after land allocation and statutory approvals are secured.
Strategic Reasons for North Andhra Expansion
Kings Infra stated that the relocation and expansion into Vizag and Srikakulam are driven by multiple strategic advantages:
Coastal and Environmental Strengths
The region offers stable salinity, favourable water conditions, and large contiguous land parcels ideal for technology-driven aquaculture operations.
Supportive Government Policies
The company highlighted fast-tracked land approvals, incentives for renewable energy integration, and ecosystem-friendly operations as key enabling factors. Skill development partnerships for aquaculture professionals are also part of the plan.
Export and Logistics Connectivity
Proximity to Vizag Port and international shipping routes will support high-value seafood exports. Road and air connectivity will strengthen supply chain efficiency.
Talent and Community Integration
North Andhra’s skilled aquaculture workforce and entrepreneurship potential align with the company’s vision of developing local talent at scale.
Strengthened by Sri Aqua Acquisition
Kings Infra’s acquisition of Sri Aqua is expected to provide immediate operational depth and market access while accelerating the deployment of AI- and IoT-based BlueTechOS systems.
North Andhra–Odisha: Emerging Blue Economy Belt
The company noted that the Srikakulam–Odisha coastal corridor offers strong ecological suitability, scalable land availability, and favourable government support. The region is poised to evolve into a major export-oriented aquaculture hub.
Features of the 500-Acre Integrated Cluster
The upcoming cluster will include:
- Multi-species aquaculture (shrimp, finfish, tilapia, crab, seaweed)
- Indoor RAS and precision aquaculture systems
- Nutraceutical and bioactive extraction units producing astaxanthin, Omega-3 oils, and marine collagen
- Training and incubation centres targeting 5,000 entrepreneurs over five years
The company aims to integrate AI, IoT, automation, and sustainable technologies to create a globally benchmarked, responsible seafood production ecosystem.
Regional Impact Forecast
Kings Infra projects:
- 5,000 trained aquaculture entrepreneurs in five years
- 1,500 direct and 10,000 indirect jobs
- Promotion of local entrepreneurship and coastal ecosystem restoration
- Development of a fully renewable energy-powered, carbon-neutral model
Management Statement
Mr. Shaji Baby John, Chairman & Managing Director of Kings Infra Ventures Ltd., stated that the initiative is designed as a global model for smart and sustainable aquaculture. He invited technology companies, research institutions, and global investors to collaborate, emphasising the project’s potential to drive economic value and strengthen the Blue Economy across North Andhra and Odisha.