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Created: 2025-07-24 12:11:03 UTC
Sharat Industries Ltd. (BSE: 519397) is expanding its operations to Gujarat via a strategic agreement with West Coast Frozen Foods Private Limited to commence merchant export operations. This expansion is a pivotal step in the companyโs pan-India strategy. The company expects to generate over โน100 crores in revenue in the current financial year. ๐
๐๐ฒ๐ ๐๐ถ๐ด๐ต๐น๐ถ๐ด๐ต๐๐: โช Sharat Industries will utilize an existing shrimp processing facility in Olpad, Gujarat. ๐ญ โช Operations are set to begin after receiving regulatory approvals, expected during the current quarter. โณ โช This expansion will boost export capabilities, serving key markets like the USA, Europe, China, and Asia. ๐ โช The Gujarat facility's strategic location near western ports will reduce logistics time and improve supply chain efficiency. ๐ โช The company plans to expand product diversity through exports of processed Black Tiger shrimp. ๐ค โช Mr. Sharat Reddy, Executive Director, stated that this partnership is a significant step in building a geographically diversified and operationally agile presence across India. ๐ค
๐๐ฏ๐ผ๐๐ ๐ฆ๐ต๐ฎ๐ฟ๐ฎ๐ ๐๐ป๐ฑ๐๐๐๐ฟ๐ถ๐ฒ๐ ๐๐ถ๐บ๐ถ๐๐ฒ๐ฑ: โช Established in 1990 and headquartered in Nellore, Andhra Pradesh. ๐ โช Specializes in the cultivation, processing, and export of premium Vannamei shrimp. ๐ฆ โช Has vertically integrated operations, including hatcheries, shrimp farming, feed production, and a processing plant with a capacity exceeding 6500 MT annually. ๐ญ โช Exports to Russia, USA, Europe, and Asia. ๐ โช Listed on the BSE since 1994. ๐ข
๐ SHARAT INDUSTRIES LTD | ๐ท๏ธ Press Release / Media Release
๐ Details:
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