New Launch18 Nov 2024, 06:34 pm
Kings Infra Ventures Announces Commencement of State-of-the-art Eco-friendly Mariculture Tech Park - KMEPL
AI Summary
Kings Infra Ventures Limited has announced the commencement of construction work on the Kings Maritech Eco Park (KMEPL), a first-of-its-kind eco-friendly mariculture tech park. The park, built on a 126-acre land at Tuticorin, Tamil Nadu, will utilize advanced Recirculatory Aquaculture System (RAS) technology with AI and IoT solutions, aiming to increase productivity from 5 tons/Ha to 50 tons/Ha. KMEPL will house a hatchery, nursery, brood bank, production unit, assembly lines for sensors and equipment, and a commercial production unit for Aqua King probiotics developed by the company's R&D team.
Key Highlights
- Kings Infra Ventures Limited is constructing a state-of-the-art eco-friendly mariculture tech park, KMEPL, at Tuticorin, Tamil Nadu.
- The park will utilize advanced Recirculatory Aquaculture System (RAS) technology with AI and IoT solutions to improve productivity.
- KMEPL will have a hatchery, nursery, brood bank, production unit, assembly lines for sensors and equipment, and a commercial production unit for Aqua King probiotics.
- The company achieved remarkable growth in key performance indicators during the quarter ended 30th September 2024.
- Kings Infra Ventures Limited specializes in producing large size shrimps, and the rising trend of shrimp prices is expected to continue, benefiting the company.