Industrial diversification is nothing new for an investor. By choosing to structure company operations in a manner that promotes involvement in a spread of revenue-producing activities, he not only increases chances of returns but also minimizes the potential for failure or loss.
After a finger in diverse pies as Coal Logistics and Commercial Real Estate, aquaculture hardly comes as a surprise. The choice of businesses to invest follow a pattern of attempting to maximize returns through investment in areas that appear favorable in the current business environment.
Aquaculture – A Lucrative Business Venture
As a business of raising fish commercially in tanks and ponds for nutritive and tasty food, Aquaculture is an indulgence made by most countries of the world. Fish being a great source of food and protein, both the demand and price of fish and fish-related products are on the rise. Waterbase Limited, established in 1993 and led by Varun Thapar, have been a resounding name in the aquaculture and shrimp farming industry.
Aquaculture is one business that allows for large supplies of fish. Catching fish from the wild is not always the best source of nutrition that consumers today are looking for. Shrimp farming is a part of aquaculture meant to produce shrimp or prawns for human consumption, with The Waterbase Limited being the foremost in this field in India.
Why Shrimp?
Enriched with protein and easily fitting in any balanced diet across continents, shrimp is a recognized delicacy in most cuisines of the world. And with more and more people enjoying its consumption, appropriate technologies and logistics have developed alongside to support an industry that has grown by leaps and bounds.
The Infrastructure for Such Shrimp Farms
When you undertake to create a facility that shall provide training, guidance for set-up, expertise to run, for others in a smaller league wishing to start their own business, then you have to be an all-comprehensive establishment, with the needed equipment, qualified personnel, more than requisite knowledge to inspire confidence all around.
The infrastructure would have to consist of the following:
- Specially grown aqua feeds under computer-controlled conditions that are converted into pellets for feeding the fish.
- Formulations designed by nutritional experts on shrimp feed are tested before supplying the feeds.
- Quality Assurance ensures stringent protocols are followed to create feeds of quality and specifications.
- Dedicated staff to monitor processes and ensure Quality Assurance.
- A well-designed research lab for continuous R & D activities to ensure maintenance and improvement of the feed.
Shrimp Farming cannot be established on a huge scale to cater to the needs of a whole lot of smaller players unless one has proper know-how, the resources, sound business sense, is willing to take risks .
TheEntrepreneur 