Waterbase wins Best Practices Award from Frost & Sullivan

MUMBAI:
The Waterbase Limited, the pioneer in Indian Aquaculture Industry with a focus on driving improvement in shrimp feed Manufacturing, farm practices and shrimp processing today has been awarded “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. The award ceremony attended by Corporate honchos saw The Waterbase Limited take centre stage to receive the award.
“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. 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” Says Shruti Jadhav Manager – Best Practice Research | MENASA | Frost & Sullivan
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 number one industry rank.
Speaking on the occasion Ramakanth V Akula, CEO, 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.”
With the introduction of its new product “Bay W
hite Enriched” which won the 2016 New Product Innovation leadership award is a new generation shrimp feed formulated with essential nutrients, The Waterbase Limited is promoting sustainable aqua-culture development in conjunction with long-term eco-friendly practices.
The Waterbase Limited plans to double the dealer and farmers network by 100% over the next two to three years. Its processing facilities are FDA and BAP approved, EU Listed and HACCP certified. The company is in the process of setting up Vannamei Shrimp Hatchery. The company has market presence in the coastal states and is currently focussed on geographical expansion.
The Waterbase Limited is a part of Karam Chand Thapar group (KCT group) and is the leading manufacturer of high quality shrimp feed in India. The Company is currently focused on manufacturing shrimp feeds and processing & export of shrimps. The Company’s manufacturing and processing facilities are located near Nellore in Andhra Pradesh.