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

January 29, 2018   No Comments

Dell Evaluates Expanding Manufacturing Operations in India

Texas-based Dell Inc., launched its first manufacturing facility in India’s southern state of Tamil Nadu  ten years ago, manufacturing desktops and servers, and the company is now considering a wider range of products, a senior executive said.
Chief financial officer Thomas Sweet said, “We do have a manufacturing facility here in India. We are looking at expansion plans for that facility. But we have got to make sure that the cost environment is competitive with the global environment that we play in. So, that is an area that we are continuing to evaluate, but the market size is such that we will continue to focus on how to build products for the local market.”

The move to expand will depend on how Dell plans to balance the products it imports into India. The government has made manufacturing in the country, and, in particular, lowering imports of electronics, a key part of its economic agenda.

An open dell laptop

January 25, 2018   No Comments

India’s Solar Rooftop Installations Grow 81% Y-o-Y

India added 678 MW of rooftop solar capacity in 2016-17, growing at 81 per cent over the last year, reaching total installed capacity of 1,396 MW as of March 2017. The southern state of Tamil Nadu continues to lead in rooftop solar projects in the country. With an installed capacity of 163 MW as of March this year, the state outperformed all its peers in rooftop solar installations according to a report by Bridge to India, a global renewable energy consulting firm.

Industries are major drivers for rooftop solar installations in the country, contributing 590 MW. In Tamil Nadu too, the industrial segment contributed about 124 MW. State-owned establishments are expected to show robust growth in the coming years because of strong support from the government combined with 25-30 percent capital subsidies.

Bridge to India expects India’s rooftop solar capacity to cross the 2 GW mark during this fiscal, partly driven by several ongoing and recently completed rooftop solar tenders. The state-owned segment is expected to grow at  205 percent during this fiscal year, reports BusinessLine. Total rooftop solar capacity is expected to reach of 13.2 GW by 2021.

The interactive map found here depicts the number of solar installs in India. If you zoom in on a small area you can actually see a photo and details of each installation.

July 26, 2017   No Comments

Russia to Build Two New Nuclear Power Plants in India

India and Russia signed the General Framework Agreement and Credit protocol for Units 5 and 6 of the Kudankulam Nuclear Power plant located in the southern state of Tamil Nadu. Nuclear Power Corporation of India Ltd., and Russia’s Atomstroyexport, a subsidiary of Rosatom, will build the reactors. Each of the two units will have a capacity to produce 1,000 MW of power.

Both countries agreed that there were ‘steady and demonstrable’ achievements in bilateral civil nuclear partnership, including transforming the Kudankulum site into one of India’s largest energy hubs, reports BusinessLine.

PM Modi and President Putin

“We will strive to build an ‘energy bridge’ between our states and expand bilateral relations in all areas of energy cooperation, including nuclear, hydrocarbon, hydroelectric, and renewable energy sources and in improving energy efficiency. Cooperation in the peaceful uses of nuclear energy has emerged as one of the hallmarks of the strategic partnership between the two countries, contributing to India’s energy security and energizing broader scientific and technological cooperation,” said a ‘Vision Document’ issued after the talks.

June 8, 2017   No Comments

India’s Parry Nutraceuticals Gets USFDA Approval

Based in India’s southern state of Tamil Nadu, Parry Nutraceuticals received the U.S. Food and Drug Administration approval for its India facility for organic micro-algae cultivation and processing.

Business head, Parry Nutraceuticals, Muthu Murugappan said that some of the products that they planned to bring to market over the next two years include Organic Chlorella, Spirulina Granules, CO2 Extracted Lutein and Algal Beta Glucan. New areas currently under development include vegan algal proteins, chlorophyll and algae  omega-3s, reports Outlook.

Parry Nutraceuticals Logo

Valensa International, based in Florida, which specializes in the development of condition-specific nutraceuticals such as joint, eye and cardio-vascular health issues, is a wholly owned subsidiary of Parry.

June 5, 2017   No Comments