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December 23, 2015


The Waterbase to Merge with Pinnae Feed


Fully integrated (shrimp hatcheries, farms, feeds and processing), The Waterbase  has initiated steps to merge with feed manufacturer Pinnae Feeds, based in Chennai, Tamil Nadu.


Ramakanth V. Akula, Waterbase CEO, said, “By 2020, we want to increase our revenue aggressively.  Over the next few years, we are planning to set up several hatcheries in shrimp farming areas to support farmers.”


The Waterbase owns several brands of shrimp feed, and its processed shrimp products are marketed in Europe, Japan and the United States.


Information: Ramakanth V. Akula, The Waterbase, Ltd., Thapar House, 37 Montieth Road, Egmore, Chennai 600008, India (phone 91-44-30127000, fax 91-44-30127001, webpage


Sources: 1. Undercurrent News [eight free news reads every month].  Editor, Tom Seaman (   Indian Shrimp Group to Merge with Local Feed Manufacturer.  December 23, 2015.  2. Bob Rosenberry, Shrimp News International, December 23, 2015.

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