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Agribusiness, Animal Health, Interaction

In an interaction with AgroSpectrum, Aravindha Krishnamachari, Managing Director, Tex Biosciences shares the company’s plans and goals for the coming years. Edited excerpts;

Tex Biosciences, a family-owned organisation promoted by its Founder R P Krishnamachari, began its operations in leather and textile markets in 1979. The company has witnessed phenomenal growth and has a strong and diversified presence in animal feed, leather, water treatment, wastewater treatment, pulp & paper, textiles and detergent industries. Now the company is a major player in India and abroad for the manufacturing of animal feed additives for poultry, piggery and aqua market. Having two state-of-the-art plants in Tamil Nadu and registering its products in over 22 countries, it is also offering Contract Manufacturing Services. In an interaction with AgroSpectrum, Aravindha Krishnamachari, Managing Director, Tex Biosciences shares the company’s plans and goals for the coming years. Edited excerpts;

What have been the main growth drivers for Tex Biosciences in the last financial year? And how much increment in average turnover has the company seen during this period?

Animal Feed and Contract Manufacturing have been the main growth drives for Tex Biosciences in the last financial year. We grew at 7.6 per cent to achieve a turnover of Rs 71.08 crore in 2023-24.

What infrastructure and strategies do you have in place to boost the industry developments and partnerships for this year and the coming years?

 Tex Biosciences undertook a Rs 32 crore ($4 million) expansion programme to increase production capacities and improve capabilities. The expansion programme began in January 2021 and was completed by February 2024. The company added to its facility’s multiple large-scale fermenters and downstream processing equipment. We also created product and market specific blenders and packing units to service our contract manufacturing customers. Our strategy is to have a strong and large manufacturing capacity to be able to effectively service the industrial biotech market and embark on more contract manufacturing projects.

In which segment do you see promising supply requirements that will shape the company’s growth trajectory in the coming years? How do you strategise to stay on top of disruptions in the global supply chain?

Tex Biosciences sees good market potential in the feed and food industry. Our FAMI Qs, ISO 22000 and ISO 9001 certifications serve us in good stead to be able to serve the feed and food market. Antimicrobial peptides in both feed and food have good market potential and we see more companies looking at natural ways to improve feed and food nutrition and preservation.

Fermentation is both an Art and Science. Higher capacities allow us to compete with Chinese manufacturers and achieve economies of scale through large upstream and downstream equipment. Multiple fermenters housed in separate enclosures allow us to run multiple projects at the same time.

Indian biotech companies especially the ones that operate in industrial biotech sectors have to be risk taking and invest into large capacities. This allows us to run regular productions at lower cost and frees up time and capacities to run new trials and process/product optimisation. Tex Biosciences has been following this and is committed to continuously investing into large fermenter upstream and downstream capacities and embarking on new product development and process improvements.

In terms of product diversification to meet consumer needs and ensure expansion, what are the highlights in the company’s R&D sector in the coming 2-3 years?

Our R&D has been very active in discovering biotech solutions to problems faced in the animal feed industry. We have also expanded our product range into wastewater treatment and pulp and paper industries. Some of the notable contributions from our R&D team include Probiotics based solution to reduce ammonia smell in animal and aquaculture farming; Antimicrobial peptide solutions to reduce pathogen related diseases in animal and aquaculture farming; Using enzymes, probiotics and biotech components for bioremediation of wastewater and biotech solution for deinking of paper and reducing chemical usage.

To read more click on :https://agrospectrumindia.com/e-magazine

In an interaction with AgroSpectrum, Aravindha Krishnamachari,

Agrotech, Animal Health, Company News, India, Live Stock, R&D, Start ups

The GRAS status, governed by the US Food and Drug Administration (FDA), sets a high standard for ingredients to be approved for use in both feed and food.

Bangalore based String Bio, a pioneering biotech company announced the self-determined Generally Recognized as Safe (GRAS) status of its innovative microbial protein, PRO-DG™, for use in crustacean feed in the U.S. This landmark achievement was affirmed by an independent panel of experts who rigorously evaluated the body of published data supporting the safety of PRO-DG™ for its intended use.

The GRAS status, governed by the US Food and Drug Administration (FDA), sets a high standard for ingredients to be approved for use in both feed and food. String Bio’s PRO-DG™ stands out as it contains approximately 70 per cent protein derived from methanotrophic bacteria, manufactured through the company’s patented String Integrated Methane Platform (SIMP®). This advanced platform ensures an ideal amino acid profile, resulting in high digestibility and performance, as validated in various aqua trials. Notably, the protein’s tolerability by shrimp was evidenced through peer-reviewed publications (Felix et al., 2023; Nederlof et al., 2023). 

With the global population projected to reach 10 billion by 2050, the demand for sustainable and traceable protein sources is critical. The total aquaculture production is expected to expand to 109 million tonnes by 2030. PRO-DG™ addresses this “protein challenge” by offering a sustainable feed ingredient, essential for the growing aquaculture market while protecting marine ecosystems and resources.

Achieving GRAS status distinguishes String Bio from other players in the alternative protein industry. This milestone, which took over two years of comprehensive scientific documentation and safety studies, validates the company’s commitment to science- based innovation.

Speaking on the announcement, Dr Ezhil Subbian, CEO, String Bio said, “The FDA-regulated GRAS status will enable the commercialization of PRO-DG™ in the United States, opening new markets and opportunities for growth. Many countries look to GRAS status as a strong indication that a feed ingredient has been rigorously tested to meet the highest standard. GRAS status of PRO-DGTM is an important milestone in String’s journey and will boost String Bio’s market presence in the feed sector.”

The GRAS status, governed by the US

Company News, Dairy, E-commerce, India, Live Stock, Poultry, Start ups, Supply Chain

Hybrid Ecomm platform designed for B2B, B2C and C2C in the 360-degree offerings

Animpet Ecomm launched India’s first Hybrid E-Marketplace Animstok.com after successful trial runs mounting over 25k vendors offering 150k products and services.

Vendors number will be scaled up to one million offering 10 million products, Karishma Dagar, AnimStok.com Cofounder and Chief Marketing Officer said in a statement adding that the platform is an attempt to give an organised marketplace, which hitherto is largely physical and unorganised, offering B2B, B2C and C2C services on a single platform.

For this purpose, the company has set a target of creating a 12,000-strong workforce, the bulk of which would be for marketing and technology during the very first-year operations, while the platform would have 15 verticals ranging from livestock trading, dairy and products, poultry, meat and products, animal feed, nutrients, medicines and veterinary services, she said adding that “Animpet has been accorded a startup certificate under the Animal husbandry and industry head by the Union Commerce Ministry.

“India is the global leader in milk production, number two in fisheries, number three in egg production, number four in buffalo meat exports etc. Yet the irony is the entire animal economy is heavily segmented and largely unorganized. This caught our imagination and over four years of subject research along with technology deployment for the purpose has resulted in AnimStok.com,” she said.

Bhasker Pathak, company promoter and CEO and Ashish Gupta, co-founder had earlier created a website for betting in races and other sports, mounting about 130 global entities and the same is now operational from the UK as part of a stable of a media, and this success led the cofounders to create the company for online trading through deployment of technology in the most transparent manner.

Logistics and payment gateway for ease of trade and transactions have been arranged for the purpose, Dagar said adding that for the purpose of expansion, the company has already started tapping potential investors both in India and Overseas who have generally welcomed the concept and soon presentations will be made for them.

“Our goal is to bring a moderate one per cent of the $400 billion estimated at the last count on our platform in the very first year and for this purpose, we will have representatives in every region and districts in the country. In the initial phase, AnimStok.com will also be operational Gulf region and a few leads, essentially for animal feed, were generated from buyers in UAE who could tap suppliers through the platform,” she said.

Animal trade and meat are sensitive subjects in a number of places including India, and the Ecomm platform will be customised in line with rules and regulations in each of the countries, she said adding that for the purpose of ease of trading, products and services would be put in 2000 categories, each detailing number of vendors, products, and prices.

AnimStok.com is an “open for all” platform where anybody, from an established brand to a local vendor, can register and sell their services and products with the advantage of a zero joining fee and the company will follow the established good trade practices in the Ecomm sector, Dagar said adding that one of the prominent features of Animstok.com will be relating to the listing of available manpower and opportunities in the sector akin to employment exchanges.

Hybrid Ecomm platform designed for B2B, B2C