Mr. Varun Thapar, Director, The Waterbase Limited (extreme left, holding the file); Mr. Ramakanth V. Akula, CEO, The Waterbase Limited (in light blue shirt); and Dr. K. K. Vijayan (extreme right, holding the file) at the signing of the MoU.
Central Institute of Brackishwater Aquaculture (CIBA), the nodal agency for the development of brackishwater aquaculture in the country today signed a Memorandum of Understanding (MoU) with The Waterbase Limited (Waterbase), a leading manufacturer of high quality shrimp feed in India, for a collaborative programme of eco-friendly shrimp feed technology.
The MoU was signed in the presence of Dr. K. K. Vijayan, Director, CIBA; MrVarun Thapar, Director, The Waterbase Limitedand Mr. Ramakanth V. Akula, CEO, The Waterbase Limited.
As part of the MoU, CIBA willcollaborate for the testing growth performance and refinement of eco-friendly shrimp feed with Waterbase. The collaboration programme will cover technical collaboration and assistance related to development of ecofriendly Vanami Eco plus feed.
Speaking on the partnership with Waterbase, Dr. K. K. Vijayan said, “India is a major shrimp producing nationwith a production of around 6 lakh plus tonnes, and Shrimps contributing over 60% of seafood exports of the country. In farmed shrimp production, the formulated feed isa major recurring cost, which often ranges from 50 to 60 % of the total cost of production and it directly determines the profitability and sustainability.Brackishwater aquaculture is one of the vibrant farming sectors and our research findings have direct applications in the field. We are happy to be partnering with Waterbase, wherein we are looking at transferring the technologies from the lab to the field, where the social benefit is measurable.”
The MoU will involve exchange of information on feed formulations and testing of identified feed ingredients, trial feeds and any other market feed for macro and micro nutritional parameters at CIBA’s Quality Testing Laboratory. CIBA will advise on the specific changes that are needed in feed raw materials/additives/ processing technology / formulation, aimed to achieve the desired performance.
“India’s shrimp exports are likely to double to USD 7 billion by 2022, driven by strong demand, high quality, improved product mix and an increase in aquaculture area in our coastal states, even as our Asian rivals battle structural issues and rising domestic consumption. The need of the hour is to prepare ourselves for it, both quality and quantity-wise. For us, this alliance with CIBA comes at the right time. CIBA’s focused research on nutrient requirements of shrimp for more than a decade, expertise in scientiﬁc feed formulation and a database on price and seasonality of locally available ingredients will help us developeco-friendly and cost-effective shrimp feeds using advanced indigenous feed processing technology,”adds Mr. Ramakanth V. Akula.
CIBA will provide its expertise in raw material sourcing and allow testing in its experimental ponds and commercial ponds. Both CIBA and Waterbase will identify competent technical personnel namely Scientists / Technicians, Chemists, etc. for implementation of the programme. Waterbase will also be able to use CIBA’s technology in its own facilities.
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