Anmol brings fish feed to Telugu States

Hyderabad: Anmol Feeds Private Limited, the producers of animal feeds on Thursday announced the launch of their two products, Latis Gold – shrimp feed and Matsya Bandhu – floating fish feed, in both the Telugu states.

In addition, the company plans to introduce their Nouriture poultry feed in TS and AP market in the next six months.

Headquartered in Kolkata, Anmol Feeds launched Nouriture, an umbrella brand under which the company markets feed for fish, poultry, cattle and shrimp.

"Telangana has the country's third-largest inland water resource base for fisheries and Andhra Pradesh is one of the leading states in the fisheries sector.

It is the perfect market to launch our shrimp and floating fish feed," Managing Director of Anmol Feeds Pvt Ltd Amit Saraogi told reporters here.

Further, Saraogi said that with the introduction of their brand Nouriture, they look to cater to the 77 large, medium and minor reservoirs wherein aquaculture is carried out in over 1,000 hectares area in Telangana and a potential of eight lakh hectares of freshwater resources in Andhra Pradesh.

He said that his company plan to come with a new production facility in either TS or AP by 2022, with an initial investment of Rs 30 crore and annual production capacity of 60,000 tonne, for a strong foothold in the South markets.

By expanding presence from the existing 17 states and utilising four lakh tonne production capacity from the current 2.50 lakh capacity, Anmol Feeds looks to double its revenue by 2022 to Rs 1,200 crore from the current Rs 600 crore.