The Waterbase Limited has been awarded the “2016 India Shrimp Feed Industry New Product Innovation Leadership Award” by Frost & Sullivan, a leading global strategy consulting company.
Frost & Sullivan’s Shrimp Feed New Product Innovation Leadership Awards Identifies companies that have demonstrated measured excellence in new, innovative products or product lines within their industry.
“Given its strategic intent to consistently focus on improved end-user experience and enjoy strong consumer acceptance, The Waterbase Limited promises to be a massive technology contributor to the aquaculture industry in India,\" says Shruti Jadhav, Manager of Best Practice Research, MENASA, Frost & Sullivan. \"The Waterbase Limited’s advanced pelleting technology equipment coupled with its implementation of stringent quality assurance protocols to ensure that feed quality is maintained to the assured specifications renders an unrivalled competitive edge to the company.”
The award was judged on the basis of several parameters, which involved in-depth primary interviews with various industry participants and secondary research conducted by Frost & Sullivan analysts. To incorporate the end-user perspective, the data was then presented to an elite panel of jury members comprising some of the most prominent CXOs from the industry. Frost & Sullivan then presented the award to the company that achieved the top rank.
Speaking on the occasion Ramakanth V Akula, CEO of The Waterbase Limited, said, “We are honoured and privileged to be recipients of this award from Frost & Sullivan. Our enterprise business growth trajectory is well ahead of industry standards and we’re very grateful for this recognition. We strongly believe in being in sync with our customers and offering services which meet their needs and demands. This win clearly shows our strong passion towards aquaculture advancements.”