A fisherman holds shrimp pulled out of a net in the waters. (Photographer: Susana Gonzalez/Bloomberg)

Waterbase Aims To Raise Capacity Utilisation To 60% By Next Year

Aquaculture company Waterbase Ltd. will increase its capacity utilisation to 60 percent by next year, its Chief Executive Officer Ramakanth V. Akula said.

After the Nellore-based company announced its merger with Pinnae Feeds yesterday, its total combined capacity went up to Rs 11 lakh tonnes of which 50 to 50 percent is being utilised now, Akula told BloombergQuint.

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