Kings Infra Ventures Ltd has signed an agreement with the Andhra Pradesh government to establish a Rs 2,500-crore aquaculture technology park near Srikakulam.
Spread across 500 acres, the project will be India’s first AI-powered aquaculture park, positioning Andhra Pradesh as a major hub for technology-led, sustainable seafood production, the company said in a statement.
Kerala-based Kings Infra will directly invest Rs 500 crore in core infrastructure, processing units, and R&D facilities, while an additional Rs 2,000 crore is expected to flow in from ancillary industries, small businesses, and renewable energy partners.