Anmol Feeds: Anmol Feeds plans to set up one shrimp feed unit at Kolkata

Economy


The Rs 500 crore animal feeds company Anmol Feeds has drawn up plans to set up one shrimp feed unit at Kolkata and floating fish feed facility in the Bihar-Uttar Pradesh border. While the unit in Kolkata will be set up at a cost of Rs 25 crore, the floating fish feed unit will require an investment of Rs 30 crore.

Talking to ET, Amit Saraogi, managing director of Anmol Feeds said “Both the units will come up within a time frame of 2-3 years. After both the units become operations, our capacity will go up to 1500 tonnes of animal feed per day from 1300 tonnes of animal feed now.”

At present, Anmol Feeds has eight state-of-the-art manufacturing plants across six states- Uttar Pradesh, Bihar, West Bengal, Jammu & Kashmir, Jharkhand and Haryana. With a cumulative production capacity of 1300 tonnes per day, the company, has been catering to the livestock feed requirements of 19 states across India working with more than 50,000 farmer families and 1,000 employees. As a brand, Anmol Feeds has undertaken measurable efforts to nourish India’s livestock, poultry and fisheries and enable farmers to lead a life of prosperity, said Saraogi.

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The company has been on a steady expansion path. It has strong market presence in the in the cattle and aqua feeds across UP, Bihar, West Bengal, North East and Southern India, while its poultry feed vertical serves the North, Central, North Eastern parts of the country. The company has also strategically expanded beyond the Indian shores to Bangladesh, Nepal and Bhutan.

The Anmol Feeds chief also welcomed the government’s decision to import 4 lakh tonnes of maize. “We are extremely glad that the Director General of Foreign Trade has granted permission to import 4 lakh tonnes of feed grade maize. The maize deficit had been plaguing the livestock feed industry since last year due to drought and various other reasons. The price of the crop had increased overnight. This had become quite a grave issue for the industry as maize is a very important raw material for producing poultry feed. Import will help to normalise the situation,” he said.



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