Avanti Feeds started its commercial operations more than two decades ago under the leadership of late Alluri Venkateswara Rao in technical collaboration with Pingtai Enterpries, Taiwan. Later his son Alluri Indra Kumar, the current CMD, expanded the capacity and enhanced technical and marketing capabilities by bringing on board Thai Union Frozen Products PCL.
Over the years, the company has developed shrimp culture and processing by bringing-in latest technology in feed manufacture. This has enabled the company to deliver quality at competitive prices to consumers across the world.
Avanti Feeds is heavily focusing on the overseas markets such as the US, Europe and even parts of Africa. The organisation is betting big on other Asian markets such as Thailand and Vietnam.
Avanti Feeds is working hard to become a billion-dollar player in coming three years. The company has more than 40 per cent stake in the Indian fish and prawn feeds market. The company has spent hundreds of crores in the last couple of years that has led to substantial increase in capacity. It has expanded the shrimp feed manufacturing capacity by setting of a new plant with an installed capacity of 125,000 million tonnes per annum. Hyderabad-headquartered Avanti Feeds has also set up a hatchery as backward integration project in Andhra Pradesh.
Source: Business World // Original Article