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Andhra Pradesh Becomes Global Aquaculture Hub with Kings Maritime Park
17 Nov
Summary
- ₹2,500 crore project to develop 500-acre aquaculture technology park
- Aims to position Andhra Pradesh as a global hub for smart, sustainable aquaculture
- Includes hatcheries, indoor farming, processing, R&D, and AI-driven operations
On November 17, 2025, Kochi-based Kings Infra Ventures Ltd announced that it has signed a Memorandum of Understanding (MoU) with the government of Andhra Pradesh to develop a ₹2,500 crore, 500-acre Kings Maritime Aquaculture Technology Park near Srikakulam, close to Visakhapatnam.
The project aims to position Andhra Pradesh as a global hub for smart, technology-driven and sustainable aquaculture. The state government has nominated the District Collector of Srikakulam to identify suitable land parcels and expedite all statutory approvals, enabling the immediate commencement of Phase I operations once the land is finalized.
The Technology Park will be developed through a ₹500 crore direct investment by Kings Infra, participating investors and institutions for core infrastructure, processing, and R&D facilities. An additional ₹2,000 crore is expected to flow indirectly through ancillary industries, tank-based systems, MSME participation, and renewable energy clusters. Designed as a first-of-its-kind aquaculture innovation hub, it will house hatcheries, indoor farming systems, multi-species culture units, processing lines, a marine bio-actives division, and an AI-driven digital operations centre.
