CIBA inks strategic alliance with Waterbase

The MoU was signed in the presence of Dr KK Vijayan, Director, CIBA; Varun Thapar, Director and Ramakanth V Akula, CEO, The Waterbase Ltd. As part of the MoU, CIBA will collaborate for the testing growth performance and refinement of eco-friendly shrimp feed with Waterbase. The collaboration programme will cover technical collaboration and assistance related to development of eco-friendly Vanami Ecoplus feed. 

Dr KK Vijayan said, “India is a major shrimp producing nation with a production of around 6 lakh plus tonnes, and shrimps contributing over 60% of seafood exports of the country. In farmed shrimp production, the formulated feed is a major recurring cost, which often ranges from 50 to 60% of the total cost of production and it directly determines the profitability and sustainability. Brackishwater aquaculture is one of the vibrant farming sectors and our research findings have direct applications in the field. We are happy to be partnering with Waterbase, wherein we are looking at transferring the technologies from the lab to the field, where the social benefit is measurable.” The MoU will involve exchange of information on feed formulations and testing of identified feed ingredients, trial feeds and any other market feed for macro and micro nutritional parameters at CIBA’s Quality Testing Laboratory. CIBA will advise on the specific changes that are needed in feed raw materials / additives / processing technology / formulation, aimed to achieve the desired performance.

“India’s shrimp exports are likely to double to $7 billion by 2022, driven by strong demand, high quality, improved product mix and an increase in aquaculture area in our coastal states, even as our Asian rivals battle structural issues and rising domestic consumption. CIBA’s focused research on nutrient requirements of shrimp for more than a decade, expertise in scientific feed formulation and a database on price and seasonality of locally available ingredients will help us develop eco-friendly and cost-effective shrimp feeds using advanced indigenous feed processing technology,” adds Akula.

CIBA will provide its expertise in raw material sourcing and allow testing in its experimental ponds and commercial ponds.