News last update:6 Aug 2012

India and Norway to partner on aquaculture

A delegation of Chief Executives of leading Indian companies visited Oslo and Trondheim in Norway to explore opportunities for forging strategic partnerships in the area of aquaculture and fishery sector.

As part of the innovative initiative supported by Norwegian Mission in India, the leaders visited leading aqua culture enterprises and research centers engaged in yield improvement and explored opportunities for value addition through technology adoption. Norway is the world leader in aquaculture and fishery sector.

"Enterprises in Norway are quite appreciative of the high quality human resource available in India and the ability of Indian enterprises to engage in quality manufacture and value addition" said Mr. Vijayaraghavan, Director of Sathguru Management Consultants, who led the delegation. The teams visited as part of the Match Making initiative supported by Norwegian Mission in India. Mr. Rajeev Koul, the Advisor to the Mission in India, facilitated the team's interaction with Norwegian counterparts.

Potential in India
Indian aquaculture has the potential to significantly move up in the value chain. Indian enterprises have discussed opportunity to forge strategic partnerships in the area of access to quality seed material, feed material, value addition and branding of value added products for international markets. The team members participated in Aquanor, the international initiative at Trondheim that had attracted over 5000 participants from different countries. The delegates explored several opportunities for strategic partnership that would help enterprises to engage in win-win partnership through technology transfer and strategic investments in market development

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