Kings Infra Ventures Limited to set up Aqua Tech Park in Srikakulam Project envisages investment of ₹2,500 crore in 500 acres

As part of efforts to position Andhra Pradesh as a global hub for smart, technology-driven and sustainable aquaculture, a first of its kind Aquaculture Technology Park will come up in Srikakulam, near here.

Andhra Pradesh accounted for an export of $2.36 billion worth of seafood, mostly white-leg shrimp cultured by the aqua industry during 2023-24. An estimated eight lakh farmers are dependent on the aquaculture industry for their livelihood.

The project proponent, Kings Infra Ventures Limited signed the landmark MOU with the State Government to develop the ₹2,500 crore, 500-acre Kings Maritime Aquaculture Technology Park near Srikakulam, close to Visakhapatnam.

As part of the agreement, the government has nominated the District Collector of Srikakulam to identify suitable land parcels and expedite all statutory approvals, enabling immediate commencement of Phase I operations once the land is

finalized.

The project proponent said the park will be developed through a ₹500 crore direct investment by Kings Infra, participating investors and institutions for core infrastructure, processing, and R&D facilities, with an additional ₹2,000 crore expected to flow indirectly through ancillary industries, tank-based systems, MSME participation, and renewable energy clusters. The entire ecosystem will be digitally integrated using BlueTechOS, Kings Infra’s proprietary AI operating system to be built and operated from Vizag. The platform will offer real-time water quality analytics, predictive disease alerts, automated feeding, machine-learning dashboards, and end-to-end digital farm management—making this India’s first fully AI-driven aquaculture park.

The park will support multi-species culture including shrimp (L. Vannamei and black tiger), seabass, grouper, tilapia, mud crab and select freshwater and marine species, enabling year-round production and diversified export markets. A dedicated marine nutraceutical & bio-activesuUnit will convert biomass into high-value ingredients such as astaxanthin, Omega-3 oils, marine collagen and seaweed-based bioactives, strengthening the project’s circular economy model.

Designed as a first-of-its-kind aquaculture innovation hub, it will house hatcheries, indoor farming systems, multi-species culture units, processing lines, a marine bio-actives division, and an AI-driven digital operations centre.

Chairman &; Managing Director, Kings Infra Ventures Ltd Shaji Baby John. said, “This project is envisioned as a global model for smart and sustainable aquaculture. We invite international technology leaders, research institutions, and investors to join us in this path-breaking initiative. By integrating AI, biotechnology, automation, and renewable energy into a unified ecosystem, we aim to create the world’s most advanced aquaculture platform - built in India, for the world. With the strong support of the Government of Andhra Pradesh, this technology park will unlock new frontiers for the blue economy, generate significant economic and employment opportunities, and set global benchmarks for responsible food production.”

Minister for MSME Kondapalli Srinivas, expressing satisfaction over the MoU, said “Andhra Pradesh is India’s largest aquaculture-producing hub. Under the leadership and vision of our Honourable Chief Minister, the Kings Maritime Aquaculture Technology Park stands as India’s first-of-its-kind initiative. We are committed to extending the highest level of support to this project and will ensure seamless single-window clearance—from land identification to all required approvals."

A major highlight of the park is the Aquaculture Skill & Innovation Centre, which will train and certify 5,000 aqua professionals over five years. Trainees will receive hands-on exposure to indoor RAS systems, IoT-enabled tanks, automated feeding systems, biosecurity protocols, and AI-powered farm management.