Indian Economy News

Kings Infra signs US$ 282.17 million aquaculture tech park deal with Andhra Pradesh government

Kings Infra Ventures Limited has signed an agreement with the Government of Andhra Pradesh to establish a Rs. 2,500 crore (US$ 282.17 million) aquaculture technology park near Srikakulam. Spread across 500 acres, the facility will be India’s first artificial intelligence-driven aquaculture park and is expected to strengthen the state’s position in technology-enabled sustainable seafood production. The Kerala-based company will invest Rs. 500 crore (US$ 56.43 million) in core infrastructure, processing units, and research and development, while an additional Rs. 2,000 crore (US$ 225.73 million) is projected to come from ancillary industries, small enterprises, and renewable energy partners. The memorandum of understanding was signed during the recent Confederation of Indian Industry (CII) Partnership Summit in Visakhapatnam. The project will include hatcheries, indoor farming systems, processing lines, and a marine bioactives division integrated through BlueTechOS, the company’s artificial intelligence operating system, to be managed from Visakhapatnam. The park will train 5,000 aquaculture professionals over five years and support multi-species farming, including shrimp, seabass, grouper, and tilapia.
Chairman and Managing Director of Kings Infra Ventures Limited, Mr. Shaji Baby John, said the initiative would strengthen the Blue Economy and create significant economic and employment opportunities. Micro, Small, and Medium Enterprises (MSME) Minister of Andhra Pradesh, Mr. Kondapalli Srinivas, noted that the state would provide single window clearance for land and regulatory approvals. With Andhra Pradesh being India’s largest aquaculture-producing state, the project is expected to accelerate regional value addition and enhance technology adoption across the wider aquaculture ecosystem. The initiative is also anticipated to support stronger supply chains, encourage innovation, and deepen India’s role in global seafood markets.

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