Innovative feed may reduce up to 20% in Shrimp production cost

Innovative companies involved in shrimp feed production and adding value to fish processing by-products have been recognised in India’s 2020 National Fisheries Awards.
Sai Aqua Feeds, a startup from Andhra Pradesh which adopted technology developed by the ICAR-Central Institute of Brackishwater Aquaculture (ICAR-CIBA) to formulate shrimp feed, won the Best Fisheries Enterprises award. Called Vannamei Plus, the feed can reduce the production cost in shrimp aquaculture by 20 percent. It was developed as an alternative to costly foreign feeds in line with the Indian government’s “Make in India” drive.
“In shrimp aquaculture, the feed constitutes around 60 per cent of the production cost. Further, this Desi Feed is a compliment to shrimp feed sector in India, which is mostly led by multi-national feed companies,” said Dr KK Vijayan, director of CIBA.
The company started operation in 2017 and has recorded an average annual production of 2,585 tonnes. Many shrimp farms in Guntur district remained unaffected by the Covid-induced lockdown, as the company managed to supply them with feeds. Apart from Andhra Pradesh, the company is also able to supply farmers in Tamil Nadu, Kerala, West Bengal and Odisha.
Nambikkai Fish Farmers group in Tamil Nadu has won this year’s ‘Best Fisheries Self-Help Group’ award instituted by the National Fisheries Development Board under the Ministry of Fisheries, Animal Husbandry and Dairying.
The self-help group from Pattinapakkam in Chennai bagged the award for successfully adopting the technology — conversion of fish wastes into value-added products — developed by the Central Institute of Brackishwater Aquaculture. The products have been developed under CIBA’s ‘Waste to Wealth’ initiative in line with the Swachh Bharat mission of the central government.
The group produced over 16 tonnes of value-added products and attained an annual turnover of Rs. 1.68 million. The group has seven members, all from the Scheduled Cast community, and four of them are women. Despite the pandemic, the group managed to earn Rs. 2 lakhs as livelihood support by collecting fish waste and fish trimmings from processing companies and markets.
“This technology of CIBA has the potential to propagate across the country in cleaning the fish markets and also providing alternative livelihood to many as a circular economy,” said Dr Vijayan,
“This award is a recognition of our hard work and gives enormous confidence to upscale the production,” said T Kennit Raj, head of the group. “The CIBA’s training was very much effective in materialising its technology in a viable way.”
“We are happy that the technologies developed by CIBA reach out to the targeted community and emerge as the best livelihood option for them,” said Dr Vijayan.
Source: thehindubusnessline