Kings Infra Ventures Ltd. (KIVL), a leading name in sustainable aquaculture since 1987, has announced significant progress on its ambitious expansion into North Andhra, particularly in Vizag and Srikakulam. The company is moving ahead with plans to establish a 500-acre Integrated Maritech and Aquaculture Cluster with an initial investment of ?500 crore, aimed at positioning the region as a next-generation hub for technology-driven, sustainable seafood production.
Following the submission of a Letter of Intent to the Government of Andhra Pradesh, senior company officials, including COO – International Business Sriram Inagalla and Head of Operations Joseph Ragunath, held detailed discussions with the District Collector of Srikakulam and the MRO to identify suitable land for the project. The meetings focused on site suitability for multi-species aquaculture, infrastructure and water resource availability, and long-term expansion and connectivity needs. Formal agreements will be executed once land identification and statutory clearances are completed.
Kings Infra’s decision to shift its operational base to Vizag and Srikakulam is driven by favourable coastal and environmental conditions, proactive government policies, and strong logistical advantages. The region offers stable salinity, ideal temperatures, and low disease incidence, along with expansive land parcels conducive to high-density, technology-enabled multi-species farming. Government support in the form of fast-tracked approvals, incentives for renewable energy and ESG-compliant operations, and training partnerships has further strengthened the business case.
In addition, the proximity to Vizag Port and international shipping routes enhances export potential, while strong road and air connectivity support efficient supply chain movement. The company also plans to leverage the skilled aquaculture workforce in North Andhra and integrate community development through widespread training and entrepreneurship programmes. The acquisition of Sri Aqua and the strategic leadership of Chairman and Managing Director Shaji Baby John are expected to provide further momentum, enabling faster scale-up of AI- and IoT-enabled BlueTechOS operations.
Kings Infra highlighted that the Srikakulam–Odisha corridor is emerging as a major Blue Economy hub, supported by suitable coastal ecosystems, available land, and robust government backing. The region is poised to become a leading export-oriented, technology-driven aquaculture cluster, generating substantial economic value and employment.
The planned 500-acre cluster will house facilities for shrimp, finfish, tilapia, crab, and seaweed cultivation, along with indoor RAS and precision aquaculture systems. It will also include nutraceutical and marine bioactive extraction units producing high-value products such as astaxanthin, Omega-3 oils, and marine collagen. Training and incubation centres will be set up with a target of developing 5,000 aquaculture entrepreneurs over the next five years. The project will integrate AI, IoT, automation, and sustainable practices, creating a global benchmark for responsible and climate-friendly seafood production.
The initiative is expected to generate 1,500 direct and 10,000 indirect jobs, promote local entrepreneurship, enhance skill development, and support coastal ecosystem restoration. Entirely powered by renewable energy, the project aims to achieve carbon-neutral operations.
Commenting on the development, Chairman and Managing Director Shaji Baby John said the initiative represents a global model for smart and sustainable aquaculture. He invited international technology leaders, research institutions, and investors to collaborate, adding that the ?500 crore project will unlock substantial economic value for the region, empower local communities, and help shape the future of India’s Blue Economy from North Andhra and Odisha.