Export of shrimp meals by indian manufacturers to china is biggest problem faced by indian shrimp industries. Indian manufacturers prefer to export china market as ther are getting very good rate by exporting to china. Government is also not regulating the export by indian manufacturers because it is getting valuable foreign exchange. I think Avanti needs to fully backward integrated in terms of shrimp feed rather than going for new expansion in pet care.
@harsh.beria93
Disc: Not holding, just reading out of curiosity. Correct me if l am wrong in understanding of prevailing market conditions.
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