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Update at 1520 hrs (IST)


Govt/States
Kerala to set up country's first Aqua Tech Park

KOCHI: Kerala, known for its marine products, is setting up the country's first Aqua Technology Park (ATP) at Aluva near here as part of its efforts to promote ornamental fish production and export. The state government has formed a company - Kerala Aqua Ventures International Ltd (KAVIL) - with public-private participation for establishing the park, which would provide the stake holders a unique opportunity for investment and trade opportunities in the sector, said Prof B Madhusoodhan Kurup, Advisor to the Kerala Fisheries Minister.

Kerala, renowned for its traditional products and exports including coffee and tea, had almost become stagnant in the aqua sector. “There is need to develop human and technical capacity for mass production of non-traditional products, including ornament al fish, identified by the state for interventions for its development and expansion,'' he said. – PTI

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