Gowri Biologicals
Beyond Expectations
-
The uncertainty surrounding US tariffs has created significant challenges for Vannamei shrimp farming, particularly in India.
•
Impact on Vannamei FarmingPrice Fluctuations: Shrimp prices have dropped by 10-15% due to fears of additional US levies. Tariff Increase: The US has imposed a 26% tariff, with potential additional duties that could raise costs for Indian exporters by 7% more. Market Disruptions: Long-term contracts with US buyers are under strain, potentially leading to…
-
Andhra Pradesh’s Ambitious Aquaculture Expansion Plan
•
Andhra Pradesh is set to transform its aquaculture industry, with Chief Minister N. Chandrababu Naidu announcing plans to expand farming areas to 1 million acres by 2030. This initiative aims to boost the state’s economy, leveraging technology and sustainable practices to achieve a steady 30% growth rate in the sector. Aqua Tech 2.0 Conclave…