From a vision to create an integrated aquaculture project in Nellore to being early adopters of Vannamei shrimp, SIL has helped shape modern shrimp aquaculture in India. Over time, we built capabilities across the entire shrimp value chain: farm, hatchery, feed, and processing.
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 launched: 200-million seed capacity. specialists engaged from Taiwan and the Philippines.
Growth
1994
IPO: Public issue oversubscribed 8 times.
1996
Sharat Seafoods Limited becomes Sharat Industries Limited.
1999
Shrimp feed mill commissioned.
Innovation & Expansion
2000
Construction of shrimp processing facility begins.
2002
With the pilot proven and GoI approvals 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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