From a vision to create an integrated aquaculture project in Nellore to introducing Vannamei in India, SIL’s story is one of steady build—farm, hatchery, feed, and processing—shaped by disciplined execution and long-term partnerships.
Founding years
1990
Farm commissioned: 250 acres developed with 150 hectares of water-spread area. Thai expertise onboarded to institute best practices.
1993
Export status: Registered as a 100% Export Oriented Unit (EOU).
1994
Hatchery launch: 200-million seed capacity. specialists engaged from Taiwan and the Philippines.
Growth
1994
IPO: Public issue oversubscribed 8x
₹22 crore equity raised.
1996
Sharat Seafoods Limited becomes Sharat Industries Limited (13 June).
1999
Shrimp feed mill commissioned.
Innovation & Expansion
2000
Construction of the processing facility
2002
With the pilot proven and GoI approval in place, SIL advanced early commercial adoption and began exports of Vannamei.
2002–2003
Best Exporter Award (Third place), Visakhapatnam Export Processing Zone (shrimp exporter category).
2024
Three Star Export House, recognised by the Ministry of Commerce & Industry / DGFT.
2025
Became India’s largest shrimp exporter to Russia by volume
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