Indian shrimp feed manufacturer, farmer and processor The Waterbase has been awarded an honor for feed innovation by strategy consultants Frost & Sullivan.
Frost & Sullivan’s ‘shrimp feed new product innovation leadership awards’ identify companies that have demonstrated excellence in new, innovative products or product lines within their industry, said Waterbase.
“Given its strategic intent to consistently focus on improved end-user experience and enjoy strong consumer acceptance, The Waterbase promises to be a massive technology contributor to the aquaculture industry in India,” said Shruti Jadhav, manager with Frost & Sullivan.
“Its advanced pelleting technology equipment coupled with its implementation of stringent quality assurance protocols to ensure that feed quality is maintained to the assured specifications renders an unrivalled competitive edge to the company.”
“Our enterprise business growth trajectory is well ahead of industry standards and we’re very grateful for this recognition,” said Ramakanth V Akula, CEO, with The Waterbase.
“We strongly believe in being in sync with our customers and offering services which meet their needs and demands. This win clearly shows our strong passion towards aquaculture advancements.” The Indian firm plans to double its dealer and farmer networks by 100% over the next two to three years, it said. The company is also in the process of setting up a vannamei hatchery, has market presence in the coastal states, and is currently focused on geographical expansion.