Kings Infra Ventures Limited, a leader in India’s aquaculture and seafood industry, has embraced the recent government budget initiatives, which aim to boost India’s aquaculture sector. These initiatives include customs duty reductions on essential materials like frozen fish paste (surimi) and fish hydrolysate, designed to enhance the cost-effectiveness of aquaculture farming, particularly shrimp production.

Key Budget Changes and Impact

• Reduction in Customs Duties: The government has reduced the Basic Customs Duty (BCD) on frozen fish paste from 30% to 5%, making surimi-based products more affordable for export manufacturers. Similarly, the BCD on fish hydrolysate has dropped from 15% to 5%, benefiting shrimp feed manufacturers.
• Export Mission and Subsidy Increase: A joint Export Mission by government ministries and subsidy hikes under various food processing schemes aim to fuel industry growth, fostering an ecosystem of affordable inputs and innovative technology.
• Credit Expansion: Increased financing for farmers, enhanced by the government’s SME sector benefits, will **support the development of the aquaculture supply chain, empowering small farmers to adopt more sustainable practices.

These changes will position companies like Kings Infra to capitalize on a growing and more competitive aquaculture industry.

Kings Infra Ventures: A Leader in Sustainable Aquaculture

Kings Infra's commitment to sustainability aligns with these initiatives. The company's SISTA360 platform is a traceable, sustainable aquaculture solution, designed to provide high-quality, cost-efficient farming practices. Additionally, their Kings Maritech Eco Park project, incorporating advanced RAS technology, is set to increase productivity from 5 tons/Ha to 50 tons/Ha, transforming the future of mariculture.

Moreover, Kings Infra’s certified products like Aqua King offer solutions in aquatic health, benefiting from ISO and CAA approvals, further enhancing its reputation in the market.

Management Insights

Mr. Shaji Baby John, Chairman and Managing Director of Kings Infra Ventures, highlighted the timing of these budget changes as perfect for scaling operations. The customs duty reductions on feed inputs and fish production costs directly complement Kings Infra’s sustainable farming protocols like the Vannamei shrimp farming without antibiotics.

Through technological advancements, such as AI and IoT integration in Kings Maritech Eco Park, and initiatives to empower farmers, Kings Infra is well-positioned to drive future growth, contributing significantly to India's aquaculture sector development. The budget changes will help enhance operational efficiency and bolster India's position as the second-largest global fish producer.

Stock Market Perspective

For stock investors, these developments offer a positive outlook on Kings Infra Ventures’ future performance. The company’s strong alignment with government initiatives and its commitment to innovation enhances its potential for long-term growth in the aquaculture and seafood industries.

About Kings Infra Ventures Limited

Founded in 1987, Kings Infra Ventures Ltd. has been a pioneer in sustainable aquaculture. From farm management to global seafood trade, the company is committed to innovative technology and sustainable practices. With projects like Kings Maritech Eco Park, Kings Infra continues to advance sustainable mariculture, ensuring traceability and high-quality production across its operations. In FY24, Kings Infra reported ₹90.60 crore in total income with ₹7.56 crore in net profit.

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