Cargill Develops its Aqua Feed Business in India

Minnesota-based Cargill opened its first feed plant dedicated to fish species in India, enabling fish farmers across the country access to high-quality feed this year. The company has invested more than $10 million  in the plant.

The plant produces fish feed products for carp, tilapia, and other warm water species. Cargill currently sells about 30,000 tons of fish feed a year; the new plant, with a capacity of 90,000 tons annually, enables it to increase its fish feed threefold.

India is an important and fast growing aquaculture market, and we are excited to better serve farmers across Andhra Pradesh, Bengal, Tamil Nadu, and Odisha,” said Chad Gauger, managing director of Cargill aqua nutrition in South Asia. “The new facility positions us to better meet their demand, as the country will soon become the most populous in the world.”

Cargill Logo

Be Sociable, Share!
Posted on by Gunjan Bagla
Gunjan Bagla
California-based management consultant Gunjan Bagla runs Amritt, a consulting firm helping American companies to succeed in India. Amritt is the trusted advisor for India market research, India business development, India market entry, Global Engineering, Global Technology Scouting, India R&D and Open Innovation. Gunjan is author of "Business in 21st Century India: How to Profit Today from Tomorrow’s Most Exciting Market" (Hachette Book Group, 2008), Amazon's top rated title on the subject. He has appeared as the India Expert on BBC Television, Bloomberg TV, Fox Cable Business and has been quoted in the New York Times, the Los Angeles Times, the Hollywood Reporter and Business Week for his expertise on India.

0 comments

There are no comments yet...

Kick things off by filling out the form below.

Leave a Comment

*