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Agro Universities, Agrotech, Animal Health, Company News, India, Poultry

Company plans to manufacture this diagnostic ELISA kit using ICAR-NIHSAD technology in India and market the kit worldwide.

HiMedia (M/S HiMedia Laboratories Pvt. Ltd) has announced that it has signed a Technology License Agreement with Indian Council of Agricultural Research – National Institute of High Security Animal Diseases (ICAR-NIHSAD), Bhopal for producing indirect ELISA kit for Avian Influenza virus antibody detection in chicken. The agreement covers all related patents and biological material necessary for manufacturing of the test. ICAR-NIHSAD will provide all know-how and training to HiMedia.

The indirect ELISA kit for avian influenza virus antibody detection in chicken is a recombinant nucleoprotein-based ELISA (Enzyme-linked immunosorbent assay) that is more sensitive than Agar gel immunodiffusion test (AGID) & Hemagglutination inhibition (HI), and can be performed in all labs with ease. It is suitable for the screening of large number of chicken serum samples. HiMedia plans to manufacture this diagnostic ELISA kit using ICAR-NIHSAD technology in India and market the kit worldwide.

Dr Rajas Warke, Director (Molecular Biology, HiMedia) stated, “We look forward to continuing this successful cooperation with ICAR-NIHSAD for manufacturing indirect ELISA kit for avian influenza virus antibody detection in chicken. Regular serological surveillance of commercial and backyard poultry for avian influenza is essential for control of the disease in India. The indigenously developed indirect ELISA kit for avian influenza virus antibody detection is a cheaper alternative to imported kits for regular   sero-surveillance of commercial and backyard chicken and can be performed easily by laboratory personnel.”

Currently, Regional Disease Diagnostic Laboratories (RDDLs) and State Disease Investigation Laboratories import commercial ELISA kits at a high cost to conduct sero-surveillance for avian influenza in accordance with the National Action Plan (NAP). The aim of the license is to facilitate rapid manufacture and commercialization of the test worldwide.

Overall, the agreement between HiMedia and ICAR-NIHSAD holds the potential to benefit both commercial and backyard poultry, as well as the overall avian health in the country. HiMedia aims to address the needs of the fast-growing global veterinary diagnosis market with innovative solutions and this agreement is another step towards it.

Dr Aniket Sanyal, Director of ICAR-NIHSAD, Dr Rajas Warke, Director (Molecular Biology) of M/S HiMedia Laboratories Pvt. Ltd., and Dr Praveen Malik, CEO of M/S Agrinnovate India Ltd., were the signatories in this agreement. Dr Niranjan Mishra, Incharge, Institute Technology Management Unit (ITMU), played a key role in license documentation & kit procedures for commercialization. Under the leadership of the innovator Dr Sandeep Bhatia, Dr Atul Kumar Pateriya & Dr Naveen Kumar contributed significantly to the development of the kit. The ELISA kit, known for its high sensitivity (99 per cent) and specificity (99 per cent), adheres to international standards.

Company plans to manufacture this diagnostic ELISA

Company News, R&D, World

For the first time, signals produced by a plant’s physiological response to infection will be linked to optimised crop treatments delivered with John Deere See & Spray technology. 

InnerPlant, the seed technology company enabling the earliest possible detection of stress in crops to make farming universally more efficient and sustainable, Syngenta, a global leader in agricultural innovation and crop protection and John Deere, a global leader in the delivery of agricultural, and construction, and forestry equipment, announce a joint effort to develop an integrated solution to fight fungus in soybeans. The first-of-its-kind solution will link together plants that give off early and specific signals when under attack by fungus with optimised crop protection treatments that are delivered with See & Spray technology.

“Fungal diseases are a massive and growing problem facing farmers who already face a great deal of risk in their operations,” explains Shely Aronov, CEO and co-founder of InnerPlant. “A solution that links signals directly from plants’ physiological responses to the individualised, precise delivery of optimised inputs will make farmers’ lives easier by delivering both improved efficacy and efficiency.”

Globally, crops are attacked by fungal diseases that result in substantial yield losses. And the problem is getting worse, according to experts who cite climate change and rising resistance to common fungicides as contributing to fast-rising fungal attacks that threaten the world’s food supply and a “global health catastrophe.”

“The technology from InnerPlant allows the detection of plant diseases at the earliest possible stage identifying plant diseases that otherwise often go undetected or untreated,” says Feroz Sheikh, Syngenta’s Chief Information and Digital Officer. “We are happy to engage in these initial trials with our partners. Integrated, innovative solutions are a critical path forward for managing the growing impact of soybean diseases and ensuring that farmers have the tools they need to feed the world.”

For the first time, signals produced by

Foodgrains, India

Global trade in cereals in 2023-24 is forecast at 469 million tonnes, a 1.6 per cent contraction from the preceding year

Global cereal production this year is forecast to reach a record 2.81 billion tonnes, according to the Food and Agriculture Organisation of the United Nations’ latest Cereal Supply and Demand Brief released on Nov. 3.

Of note was higher projected coarse grain production in China and most of West Africa and lower forecasts for the United States and the European Union. Wheat output forecasts were raised for Iraq and the United States and revised downward for the European Union and Kazakhstan. World rice production in 2023-24 is forecast to increase marginally year-on-year. The new revisions include an upgrade to India’s production, more than offsetting various other revisions, particularly a further downgrade of Indonesian production prospects.

World cereal utilisation in 2023-24 is forecast to reach 2.810 million tonnes, with the total utilisation of both wheat and coarse grains set to surpass 2022-23 levels while rice utilisation is expected to stagnate at the previous season’s level.

The world cereals stocks-to-use ratio for 2023-24 is forecast to stand at 30.7 per cent, “a comfortable supply situation from a historical perspective” and marginally above the previous year’s level of 30.5 per cent, according to the FAO.

Global trade in cereals in 2023-24 is forecast at 469 million tonnes, a 1.6 per cent contraction from the preceding year.

The FAO also noted in a separate report that persisting and intensifying conflicts are aggravating food insecurity, and moderating international food commodity prices are being countered by weak currencies in many low-income countries. A total of 46 countries around the world, including 33 in Africa, are assessed to need external assistance for food, according to the latest Crop Prospects and Food Situation report, a triannual publication by FAO’s Global Information and Early Warning System (GIEWS).

Global trade in cereals in 2023-24 is

Acquaculture, Live Stock, World

The opening of the hatchery contributes to realising the goals of Timor-Leste’s National Aquaculture Development Strategy (2012-2030), which includes increasing annual farmed fish production to 12,000 tons by 2030 and supporting an increase in annual fish consumption to 12 kg per year.

The fourth private genetically improved farmed tilapia (GIFT) hatchery has opened on the south coast of Timor-Leste, marking another step in the country’s aquaculture development.

The hatchery was inaugurated by Marcus da Cruz, Minister of Agriculture, Livestock, Fisheries, and Forestry and Philip Hewitt, New Zealand Ambassador to Timor-Leste.

“The Colocau GIFT hatchery is expected to produce more than five million GIFT monosex GIFT fingerlings per year, which will be supplied to local fish farmers in Manufahi and nearby municipalities,” said Hewitt at the event.

“This will have great advantages for the aquaculture sector, enabling fish farmers to produce more farmed tilapia, thereby making it easier for consumers to access fresh fish in the future. This will help combat malnutrition among children in Timor-Leste.”

The Colocau GIFT hatchery was established in partnership with the Same Construction business, the hatchery owner, as part of the Partnership for Aquaculture Development in Timor-Leste Phase 2 (PADTL2) project (2020-2024).

The project is funded by the New Zealand Ministry of Foreign Affairs and Trade and led by WorldFish in partnership with the Timor-Leste Ministry of Agriculture, Livestock, Forestry and Fisheries (MALFF).

The Timor-Leste Government is committed to scaling aquaculture to enhance the livelihoods nutrition and food security of rural households, explained Marcus da Cruz at the event.

The Colocau GIFT hatchery is the fourth of its kind to be set up by the PADTL2 project. The other hatcheries are spread across the country’s west, east and centre-Leohitu (Bobonaro municipality), Parlamento (Lautem municipality), and Hera (Dili municipality).

These efforts are critical to realising the goals of the National Aquaculture Development Strategy (2012-2030), including increasing annual farmed fish production to 12,000 tons by 2030 and supporting an increase in annual fish consumption to 12 kg per year.

The opening of the hatchery contributes to

AgroPolicy, India, Interaction

The recently concluded World Food India 2023 event witnessed Odisha’s remarkable showcase of its diverse food products, innovative technologies, and promising investment opportunities.

During the inauguration event in Bharat Mandapam, Prime Minister of India Narendra Modi praised the participation of women in food processing sector and released Rs 10.41 crores for 3,570 SHG members in Odisha through one click disbursement as seed capital component under PMFME Scheme. The credit will help these SHGs expand their operations, enhance productivity, and access the requisite resources to formalize and grow their businesses within the food processing sector.

The Odisha Pavilion, led by the Government of Odisha, with Palladium as the Knowledge Partner, emerged as one of the event’s major attractions, drawing a significant influx of visitors with its beautiful outlook representing the rich heritage of the state. Pratap Keshari Deb, Minister Industry, MSME &Energy Department visited the pavilion and interacted with the exhibitors. He praised the contributions of the local entrepreneurs, technologies and their products, including the award-winning coffee, locally grounded masalas, and canned Rasagolas.

Furthermore, a dedicated state session hosted by the Odisha Government, attended by Pratap Keshari Deb, Minister, Industry, MSME and Energy Department, Saswat Mishra, IAS, Principal Secretary, MSME Department, and Md. Sadique Alam, IAS, Director Industries, emphasized Odisha’s rising status as an emerging destination for the food processing sector and outlined the numerous opportunities within the Agribusiness & Food Processing Sector in the state.

Reflecting on Odisha’s participation in World Food India 2023, Bibhuti Bhushana Dash, Special Secretary, MSME Department, Government of Odisha, said “Odisha has made significant progress in the food processing sector in recent years. Odisha is one of the fastest growing economies in India as it is becoming a “destination of choice” for businesses. Our participation in World Food India 2023 was a resounding success, generating an appreciable amount of proposed investment and business interest.

World Food India 2023 provided a global platform for businesses to network, collaborate, and explore new opportunities in the food sector. Odisha’s participation exemplified the state’s leading role in the food processing industry, positioning it as a preferred destination for prospective investments in the sector.

The recently concluded World Food India 2023

Agro chems – Chemicals, Company News, Finance, India

Company’s PAT for the quarter was at Rs 95 crores up 5 per cent QoQ and down 27 per cent YoY compared to Rs 91 crore in Q1 FY24 and Rs 130 crores in Q2 FY23.

Best Agrolife Limited (BAL) today reported financial results for the quarter and half year ended September 30, 2023.

Key Results Highlights:

  • Q2 FY24 Consolidated Revenue from operations for Q2 FY24 stood at Rs 811 crores which grew by 32 per cent QoQ and 16 per cent on YoY basis compared to Rs 612 crore in Q1 FY24 and Rs 700 crores in Q2 FY23.
  • EBITDA for the quarter came at Rs 144 crore up 11 per cent QoQ and de-grew 21 per cent YoY compared to Rs 130 crore in Q1 FY24 and Rs 183 crores in Q2 FY23. The improvement in EBITDA for the quarter was on account of better product mix.
  • EBITDA margin for the quarter came at 18 per cent as compared to 21 per cent in Q1 FY24 and 26 per cent in Q2 FY23, down 300 bps QoQ and down 800 bps YoY.
  • PAT for the quarter was at Rs 95 crores up 5 per cent QoQ and down 27 per cent YoY compared to Rs 91 crore in Q1 FY24 and Rs 130 crores in Q2 FY23.
  • PAT margin for the quarter came at 12 per cent as compared to 15 per cent in Q1 FY24 and 19 per cent in Q2 FY23, down 300 bps QoQ and down 700 bps YoY.

H1FY24 Consolidated

  • Revenue from operations for H1 FY24 stood at Rs. 1,423 crores which grew by 22 per cent on YoY basis compared to Rs 1,164 crores in H1 FY23.
  • EBITDA for H1 FY24 came at Rs 274 crores up 10 per cent YoY compared to Rs 248 crores in H1 FY23. The improvement in EBITDA was driven by better product mix during H1FY24.
  • EBITDA margin for H1 FY24 was at 19 per cent as compared to 21 per cent in H1 FY23, down 200 bps YoY.
  • PAT for H1 FY24 came at Rs 185 crores up 9 per cent YoY compared to Rs. 170 crores in H1 FY23.
  • PAT margin for H1 FY24 was at 13 per cent as compared to 15 per cent in H1 FY23, down 200 bps YoY.

Commenting on results, Vimal Kumar, Managing Director, Best Agrolife Limited, said, “Despite the challenging external environment, we have maintained a strong growth trajectory, with revenue from operations surging by 32 per cent sequentially to reach Rs 811 crores. This remarkable growth can be attributed to the success of our flagship products, including Ronfen, Tricolor, CTPR, Propique, Amito, and others. Notably, the second quarter is a pivotal season for Ronfen, and robust interest from farmers is contributing significantly to our growth. Our profit margins remain resilient, driven by an improved product mix. The consistent demand for our products has shielded us from pricing pressures that generic agrochemicals are grappling with.

 He also added that I am also pleased at the ground-breaking achievement by our subsidiary, Seedlings India, which has been granted a 20-year patent for a revolutionary Synergistic Pesticidal Composition. This composition incorporates two insecticides and a fungicide, offering innovative solutions to the challenges faced in rice cultivation. We have additionally secured a vital 20-year patent for a revolutionary herbicidal composition that promises to enhance rice crop yields. This one-shot herbicide, set to launch in the next Kharif season under the brand name ‘Orisulam’, will further bolster our herbicide portfolio. During this quarter, we introduced our patented product, Tricolor, which has garnered a very encouraging response from the farming community.

Company’s PAT for the quarter was at

Horticulture, India, R&D

The Association of People with Disability, Bosch and the Department of Women and Child Development, Govt of Karnataka have jointly collaborated on the project

An Inclusive Sustainable Horticulture Centre was inaugurated for the residents of the Correctional Institutions Complex, Bengaluru. A facility that houses individuals with diverse abandonment, forced labour, and similar unfortunate circumstances, the Correctional Institutions Complex has seven homes in total and over 400 residents.

The horticulture project is the result of a tripartite Memorandum of Understanding (MoU) signed between The Association of People with Disability (APD), the Department of Women and Child Development, the Government of Karnataka and Bosch Global Software Technologies in March this year. Situated inside the Government Institutions Complex, Dept. of Women and Child Development, near KIDWAI Hospital, the centre aims to provide a holistic multidimensional program through the project that includes setting up of an inclusive and sustainable horticulture centre which would assist in providing skill training, therapy, environmental education and wet waste management services to all residents.

As a strategic partner and Corporate Social Responsibility (CSR) donor for the co-creation of the Inclusive Sustainable Horticulture Centre, Bosch provided inputs for the expansion of the project scope to include eco-therapy services for People with Intellectual Disabilities, an environmental education program for children and an in-campus wet-waste management

The Association of People with Disability will execute the initiative, providing essential professional skills, personnel, technical resources and expertise on the ground.

The Association of People with Disability, Bosch

Company News, Dairy, India

Following a meticulous correction in selling prices and moderation of purchase prices, Hatsun Agro has experienced a remarkable upswing in milk procurement volume.

R G Chandramogan, Chairman Hatsun Agro, a leading player in the dairy industry announces a significant surge in milk procurement, ensuring a robust and stable supply for the coming months. In response to last year’s challenges, the company has undertaken strategic measures to overcome supply shortages and inflated purchase prices. 

Following a meticulous correction in selling prices and moderation of purchase prices, Hatsun Agro has experienced a remarkable upswing in milk procurement volume. In September and October, the company achieved an impressive 25 per cent increase in procurement, thanks to the establishment of additional collection centres and the inclusion of more farmers across all states. 

The figures speak for themselves – in September, Hatsun Agro procured over 11 crore litres of milk, and in October, the company reached an all-time high, collecting over 12 crore litres of milk in a single month. This exceptional growth in procurement not only signifies the company’s commitment to overcoming challenges but also positions Hatsun Agro as a reliable and sustainable source of dairy products.
 

Following a meticulous correction in selling prices

Company News, Environment, Sustainability

First-of-its-kind agreement on sustainability data for farmers, processors, food manufacturers and retail brand owners

dsm-firmenich, the leading innovator in health, nutrition, and beauty and Sustained, a SaaS sustainability company announced the partnership to enable customers to report the farm-to-fork environmental footprint of food products containing animal proteins including eggs, meat, milk and fish.

This agreement, the first of its kind, allows farmers, processors, food manufacturers and retail brand owners to manage and communicate the sustainability of food production by leveraging dsm-firmenich’s Suste service for capturing farm-level specific emissions data and Sustained’s platform to deliver product-level environmental life cycle assessments of consumer food products at scale.

One-third of the world’s greenhouse gas emissions come from food production. Companies along the food value chain are increasingly called upon to measure, report and reduce their environmental footprints because of their sustainability commitments, regulatory requirements and consumer preferences.

Over 70 per cent of consumers now consider sustainability as a primary driver in purchasing decisions creating a pressing need for transparent and reliable data on sustainability across the entire value chain.

First-of-its-kind agreement on sustainability data for farmers,

Company News, Dairy, India

This collaboration aims to drive sustainable growth and implement cost-effective practices throughout the organisation

Parag Milk Foods Limited (PMFL), a leading manufacturer and marketer of dairy-FMCG products in India is proud to announce a strategic association with Boston Consulting Group (BCG). This collaboration aims to drive sustainable growth and implement cost-effective practices throughout the organisation.

In addition to continuously providing innovative and high-quality dairy products, PMFL has also continuously increased their market share and demonstrated a dedication to excellence. However, as the industry landscape evolves, Parag Milk Foods recognises the importance of enhancing its operational efficiency and growth strategies.

BCG has been one of the corporate strategy pioneers for over five decades. It is an expert at understanding the industries and capitalising on opportunities. Together, PMFL and BCG will work towards optimising existing business processes and identifying new opportunities for growth and efficiency.

This will be a strategic partnership as PMFL is committed to transforming into a structured organisation, diversifying its product range, scaling up operations and expanding its reach. This collaboration marks a significant milestone for PMFL in its journey toward sustainable growth.

This collaboration aims to drive sustainable growth

Animal Health, Company News, Finance, India, Live Stock, Poultry

Company records 28 per cent rise in revenue from operations to Rs. 158.31 crore in H1FY24.

Hester Biosciences Limited, one of India’s leading animal health company, manufacturing vaccines and health products has reported consolidated net profit of Rs. 10.75 crore in H1FY24 ended September 2023 as against net profit of Rs. 10.16 crore in H1FY23, growth of 6 per cent. Company reported revenue from operations of Rs. 158.31 crore for the H1FY24, growth of 28 per cent Y-o-Y as compared to revenue of Rs. 123.85 crore in H1FY23. EBITDA during H1FY24 ended September was reported at Rs. 27.58 crore, 37per cent growth Y-o-Y from Rs. 20.18 crore in H1FY23.

Consolidated results include operations of subsidiaries from Nepal and Tanzania. Hester Nepal had a turnover of Rs 0.73 Crore in Q2 FY24, primarily from domestic sales of vaccines with overall Net Loss of Rs. 0.71 Crore. The overall impact of exports and international tenders has also been felt at Nepal, but we are neutralising that impact by focusing on domestic business which is showing a lot of potential.

Animal Healthcare Division

1. In Q2 FY24, the Animal Healthcare division experienced a 16 per cent decline in sales mainly due to the uneven sales of Goat Pox Vaccine. There was an unprecedented surge in demand for the Goat Pox Vaccine (GPV) in Q1 FY23 in response to an outbreak of Lumpy Skin Disease (LSD) in cattle.

2. It is important to note that, GPV sales got distributed across both quarters of H1 FY24, in contrast to the previous year where the GPV sales were concentrated in Q2. The overall sales of GPV for H1 FY24 have maintained consistency with figures from H1 FY23.

Poultry Healthcare Division

In Q2 FY24, the Poultry Healthcare division saw a 4 per cent decrease in overall sales.

1.  Domestic vaccine sales experienced a growth of 6 per cent, marking a significant turnaround after six consecutive quarters of decline, attributable to improved sales operations and better farm economics.

2.  In contrast, there was a substantial 43 per cent reduction in export sales. This decline in exports was attributed to foreign exchange constraints in African countries, thereby reducing their purchasing ability, which led to the degrowth.

Petcare Division

The Petcare division, launched last year, has demonstrated impressive performance in Q2 FY24, achieving sales of Rs 0.94 Crore, growing 98 per cent as compared to Q2 FY23. This achievement is attributed to a consistent trend in the Petcare segment, driven by successful expansion and increased market penetration into new territories.

Overall gross profit margin was maintained at 69 per cent in Q2 FY24. EBITDA and PAT de-grew by 24 per cent and 34 per cent, respectively in Q2 FY24 due to various factors:

           Further rationalization of product mix.

        ii.    Withdrawal of 2 products in Animal Healthcare division due to change in drug regulations.

       iii.    The overall focus to increase the sales of health products in both the divisions to address a wider market.

Product segment updates:

Vaccines sales:

1.  All states in India have initiated an immunization program targeting Lumpy Skin Disease through the Goat Pox Vaccine. The distribution of supplies of GPV has commenced, and we anticipate selling between 3 to 3.5 Crore doses over the course of the next two quarters.

2. In Q1 FY24, Hester initiated the distribution of PPR vaccines as part of the National Immunization program. The contract entails the supply of 30 Crore doses of PPR vaccine, with completion expected by October 2024.

Company records 28 per cent rise in

Allied Industry, Company News, India

This groundbreaking move solidifies Zetta Farms’ position as a front-runner in the global tea market.

 Zetta Farms, a distinguished player in the agricultural industry, has taken a significant stride forward with the announcement of an operational partnership for 10 years with the renowned Bokahola Tea Co. Pvt Ltd. For 2 gardens encompassing 6000 acres and its associated tea factories under the Assam Tea Corporation Limited umbrella. These gardens were leased to Bokahola Tea Pvt Ltd by Assam Tea Corporation Limited. This groundbreaking move solidifies Zetta Farms’ position as a front-runner in the global tea market, poised to produce an impressive 35 Lakh (3.5 million) kilograms of tea annually.

The Operational partnership of Bokahola Tea Co. Pvt. Ltd and the Zetta Farms family reflects a shared commitment to excellence and sustainable development within the tea industry. This strategic partnership not only amplifies Zetta Farms’ production capacity but also underscores its dedication to the well-being of local communities and the advancement of the farming sector. Acknowledging the challenges faced by the tea cultivators, Zetta Farms has invested significantly in the development of critical infrastructure, creating a transformative ripple effect across the region.

The initiatives undertaken by Zetta Farms extend beyond production enhancements, as the company has initiated the establishment of modern school infrastructure, aiming to provide children in the farming community with access to quality education. Moreover, by addressing fundamental issues such as accessibility to water and supplies, Zetta Farms is revolutionizing the daily lives of the local population, saving valuable time and energy that can now be channelled into more productive endeavors.

“At Zetta Farms, our mission extends far beyond business expansion. Our recent collaboration with Bokahola Tea Co. Pvt Ltd serves as a testament to our unwavering commitment to fostering positive, sustainable change,” stated Rituraj Sharma, Co-Founder, Zetta Farms. “We are proud to invest in infrastructure that not only enhances tea production but also empowers the local community through education and improved living conditions. By blending tradition with innovation, we are prepared to create a thriving and inclusive future for all stakeholders involved.”

Prabhat Bejbaruah, the Managing Director of Bokahola Tea Co Pvt Ltd, expressed optimism about the collaboration, citing the dynamic expertise of key personnel such as Rituraj Sharma, Chetan Joshi, and Vishnu Upadhyay, contributing to a promising trajectory for both entities.

This significant milestone marks a defining moment in Zetta Farms’ ongoing journey to redefine the tea industry, underscoring the company’s unwavering commitment to quality, sustainability, and community development. Zetta Farms looks forward to embarking on this new chapter, continuing to deliver exceptional tea products to consumers worldwide while fostering the growth and prosperity of the tea-producing regions.

This groundbreaking move solidifies Zetta Farms' position

Acquaculture, Company News, India, Live Stock

This significant expansion marks a milestone in Hendrix Genetics’ mission to enhance shrimp breeding and meet the growing demand for high-quality shrimp genetics in the Indian market

Hendrix Genetics, a global leader in multi-species breeding, genetics, and technology, is pleased to announce the grand opening of its new shrimp Breeding Multiplication Centre (BMC) in Ranasthalam – Mandal, Srikakulam District in the Andhra Pradesh region of India. In early 2022, we formed a strategic Joint Venture partnership with Sapthagiri Hatcheries, one of the largest – and most successful – hatchery businesses in India. This significant expansion marks a milestone in Hendrix Genetics’ mission to enhance shrimp breeding and meet the growing demand for high-quality shrimp genetics in the Indian market.

Hendrix Genetics is proud to be the only shrimp breeding company with operations in all major shrimp markets worldwide. The Indian BMC is expertly managed by Kona Bay, a subsidiary of Hendrix Genetics, and is under the local leadership of Deepak Patnaik. The opening of the BMC is also in line with the idea of Kona Bay’s will to decentralise its production to avoid high-risk export business, ensuring our clients always have access to our products. With a broodstock capacity exceeding 150,000, our Indian BMC is set to greatly improve shrimp breeding in the region.

This BMC will produce the same high-quality shrimp products as those currently imported from our Hawaii facility (the home of our R&D genetic engine), ensuring that our customers continue to receive the superior genetics they have come to trust. Moreover, the BMC maintains the same genetics as the current imported broodstock from Hawaii, which is renowned for it’s far from pathogens biosecure environment, thus maintaining a Specific Pathogen Free (SPF) status. In addition, local sentinel and commercial challenges allow for a direct line of data to the breeding nucleus in Hawaii. Shrimp reared under Indian conditions will result in a more adapted and resilient shrimp suited for the Indian market.

Our Indian BMC implements world-leading biosecurity measures, including its strategic location 1 kilometre from the ocean, a 2-kilometre exclusion zone around the site, state-of-the-art water filtration systems, effluent sterilisation, internal quarantine and grow-out modules to keep batches separate.

With the opening of this Indian BMC, Hendrix Genetics is well-positioned to consider the establishment of a Nucleus Breeding Center in the future, further enhancing its commitment to shrimp breeding excellence in India.

This also marks the opening of our second BMC, leveraging thus already proven processes and systems from Indonesia. Hendrix Genetics is dedicated to working closely with Indian partners to find innovative solutions to address the challenges faced by today’s shrimp farming industry and also will be best placed to secure a market leader position.

This significant expansion marks a milestone in