ICAR-CIBA partners with Canares Aquaculture

Part of the Institutes entreprneurship boost initiative

The Indian Council of Agricultural Research-Central Institute of Brackishwater Aquaculture (ICAR-CIBA) Chennai signed a Memorandum of Understanding (MoU) with the start-up  Canares Aquaculture which is owned by the Fisheries Sciences Graduates.

The event coincided with the launching of Pradhan Mantri Matsya Sampada Yojana (PMMSY) by the Prime Minister Narendra Modi. During the occasion, Dr K K Vijayan, Director, ICAR-CIBA, Chennai appreciated the enthusiasm and courage of youth turning into entrepreneurs and also creating livelihood opportunities for the rural population in the coastal region of Karnataka.

Dr M Kailasam, Head, Fish Culture Division & Team Leader of the Finfish Hatchery Technology Development assured hand holding to the upcoming entrepreneurs. The Graduates started their venture using the seabass larvae from the ICAR-CIBA hatchery and succeeded in rearing with good survival upto 70 per cent and growth in the nursery stage. They sold the fingerlings to the farmers of Mangalore, Karnataka with an impressive profit.