Kings Infra Welcomes EU's Approval of 102 Additional Indian Seafood Units

Kings Infra Ventures Ltd. wholeheartedly welcomes the European Union's approval of 102 additional seafood processing and export units from India, a landmark decision that will further boost India's seafood exports and strengthen its position as a trusted supplier to global markets.

We extend our deepest gratitude to the Government of India, the Ministry of Commerce, the Marine Products Export Development Authority (MPEDA), The Export Inspection Agency, and particularly Hon'ble Commerce & Industry Minister, Shri Piyush Goyal, for their vision and tireless efforts in ensuring Indian seafood continues to gain wider global acceptance.

This proactive engagement and support from the Ministry of Commerce and MPEDA have not only enhanced market access but also reaffirmed India's commitment to meeting the highest international standards of food safety, traceability, and sustainability. The EU's move demonstrates a strong intent to expand seafood trade with India, benefiting farmers, processors, and exporters alike.

As a pioneer in sustainable aquaculture and value-added seafood exports, Kings Infra Ventures Ltd. stands to greatly benefit from this development. With our strong presence and representation in Spain-a critical entry point for Indian seafood into the European Union-Kings Infra is well-positioned to leverage this expanded opportunity and strengthen our partnerships across Europe.

Speaking on the development, the Chairman & Managing Director of Kings Infra, Shri Shaji Baby John, said: "We sincerely thank the Government of India, Hon'ble Commerce Minister Shri Piyush Goyal ji, and MPEDA for their steadfast commitment to promoting Indian seafood exports. This milestone will enable us to scale our EU trade, empower our farmer partners, and reaffirm India's leadership in sustainable aquaculture and seafood exports."

With India's seafood sector poised for robust growth, Kings Infra remains committed to innovation, sustainability, and global market leadership.

Shares of Kings Infra Ventures Limited was last trading in BSE at Rs. 172.45 as compared to the previous close of Rs. 158.60. The total number of shares traded during the day was 198063 in over 1357 trades.

The stock hit an intraday high of Rs. 178.00 and intraday low of 158.85. The net turnover during the day was Rs. 33465245.00.

Source : Equity Bulls

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KingsInfraVentures INE050N01010 EUApproval WelcomeDecision Exports SeafoodProcessing