CPF will invest Rs 600 crore in aquaculture and agro-business in India
Thailand-based Charoen Pokphand Foods (CPF) recently launched two new premium shrimp feed products such as Blanca Extra, CP Mondon Advance Super Marine Extra and seed products Turbo Rocket and Turbo Kong, according to the statement from the company.
Dr Pong Visedpaitoon CPF Chairman and Kwanchai Chaiprem, Vice Chairman along with Sirapong Na Pongs CPF President for Indian Business were present at the launch at Vijaywada.
CPF will invest Rs 600 crore in aquaculture and agro-business in India, said Kwanchai Chaiprem. He also added, “The Company is also improvising and developing agro-based products which will enable farmers to grow exponentially in Andhra Pradesh. CPF seeks to focus on strengthening its businesses with additional funds within a month or two. The company has been in the Indian market for the past 30 years.”
