Skretting Invests EUR 18.5 Million in New Feed Facility in India

Skretting India Investment,photo by skretting
Skretting India Investment,photo by skretting

Skretting, Nutreco's global aquafeed division, has opened a cutting-edge shrimp and fish feed production facility in Mangrol, Surat, India. The facility will serve both the domestic and export markets and is part of Skretting's strategy to further develop in Asia.

"We strongly believe that innovation and digitalization are the future for sustainable development in aquaculture. That is why we invest EUR 20 million annually on innovation looking for nutritional solutions to address the main challenges in the different regions in which we operate. At the same time, our digitally enabled solutions like AquaSim and Skretting 360+ have been responsible for improving production and transforming aquaculture industry in countries like Ecuador. With this facility and our stronger footprints, we only aim to replicate some of these success stories in India as well," said Therese Log Bergjord, CEO of Skretting.

Spread over 20,000 square meters, the facility was built with an investment of EUR 18.5 million and boasts three production lines with a capacity of 50,000 metric tonnes per year. It can produce both extruded and floating, as well as pelleted and sinking feed, to meet the requirements of various species and customers.

The new facility will serve the domestic market, as well as customers in Bangladesh, Sri Lanka, and the Middle East. It will also contribute to the Make in India initiative, while improving efficiencies and building a closer connection with customers. During construction, which started in September 2020 and was completed in just over two years despite the COVID-19 pandemic, the facility generated local employment opportunities with 120 employees.

About Skretting

Skretting is a global leader in providing sustainable nutritional solutions and services for the aquaculture industry. It has production facilities in 18 countries, and produces high-quality feeds for over 60 species with an annual production volume of more than 2 million tonnes.

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