New Launch18 Nov 2025, 01:09 pm
Kings Infra Ventures to Invest Z500 crore in 500-acre Integrated Maritech and Aquaculture Cluster in Srikakulam
AI Summary
Kings Infra Ventures Ltd. (KIVL) has announced a strategic expansion of its operations to North Andhra, focusing on Vizag and Srikakulam. The company plans to establish a 500-acre Integrated Maritech and Aquaculture Cluster with an initial investment of Z500 crore. This move aims to position the region as India’s next-generation hub for technology-driven and sustainable seafood production. The project will feature shrimp, finfish, tilapia, crab, and seaweed cultivation, indoor RAS and precision aquaculture systems, nutraceutical and bioactive marine extraction units, and training & incubation facilities for aquaculture entrepreneurs.
Key Highlights
- Establishment of a 500-acre Integrated Maritech and Aquaculture Cluster in Srikakulam with an initial investment of Z500 crore
- Multi-species aquaculture and nutraceutical operations driving significant economic growth in North Andhra
- Creation of 1,500 direct and 10,000 indirect jobs
- Integration of AI, automation, and sustainable practices into the cluster
- Potential to become India’s leading export-oriented and technology-driven aquaculture cluster