India Looks To Barramundi

The Vietnamese Seafood News, 1 December 2010

India looks to barramundi Some 230 kilometers from the east coast hub of Chennai, 200 acres of barren land is set to become India’s first commercial-scale barramundi farm.

With established Asia-Pacific markets for the species and big potential in Europe and the United States, this $3 million (€2.3 million) project could mark a significant step in India’s aquaculture development. The first phase of the project is set for completion in June, when initial construction will be completed and fish put in the water.

By February 2012, the farm is set to send 500 metric tons to 550 metric tons of barramundi to market, processed in an on-site production facility. Around 30 percent to 40 percent will be distributed domestically, but the remainder is set for markets in Europe, United States and Australia. Read also – Selective breeding program to start for barramundi – Cell Aqua begins Thailand barramundi production – Barramundi: the anti-salmon?

“We are in talks with a German importer and also some retailers in Switzerland… We have also had interest from the United Kingdom, the United States and Italy,” Santhana Krishnan, aquaculture consultant and project founder.

Source: The Vietnamese Seafood News