Indian Shrimp Exporters Surge on Potential US Trade Deal

1 min read     Updated on 23 Oct 2025, 10:04 AM
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Shriram ShekharScanX News Team
Overview

Shares of Indian shrimp feed exporters surged following reports of a potential trade agreement between India and the US. The deal could reduce US tariffs on Indian imports from 50% to 15-16%, significantly boosting the seafood export sector. Avanti Feeds rose 6%, Apex Frozen Foods 9%, and Coastal Corporation hit the 20% circuit limit. The US is a crucial market for Indian shrimp exporters, with Avanti Feeds deriving 77% of revenue from North America and Apex Frozen Foods 53% from the US specifically. In 2024-25, India's seafood exports to the US reached $2.71 billion, up 6.27% from the previous year. The potential tariff reduction could revitalize the industry, increasing export volumes and profitability for Indian shrimp exporters.

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*this image is generated using AI for illustrative purposes only.

Shares of Indian shrimp feed exporters experienced a significant rally following reports of a potential trade agreement between India and the United States. The deal, if finalized, could substantially reduce US tariffs on Indian imports, potentially boosting the prospects for companies in the seafood export sector.

Market Reaction

The news triggered a strong positive response in the stock market:

Company Stock Movement
Avanti Feeds +6.00%
Apex Frozen Foods +9.00%
Coastal Corporation +20.00% (hit circuit limit)

Potential Trade Agreement Details

  • Current US tariffs on Indian imports: 50.00%
  • Proposed reduced tariffs: 15.00-16.00%

This reduction could have a significant impact on Indian seafood exporters, as current high tariffs have made exports largely unviable.

Key Points of Discussion

  • US President Donald Trump confirmed discussions with Indian Prime Minister Narendra Modi
  • Focus areas: Trade and energy
  • Additional reported agreement: India to limit oil purchases from Russia

Market Significance

The United States represents a crucial market for Indian shrimp exporters:

Company Revenue from North America
Avanti Feeds 77.00%
Apex Frozen Foods 53.00% (US specific)

Seafood Export Data

Year Total Seafood Exports Exports to US Change
2023-24 Not Available $2.55 billion -
2024-25 $7.45 billion $2.71 billion +6.27%

The potential trade agreement could significantly boost these figures by making Indian seafood exports more competitive in the US market.

Impact on Industry

The current total duties on Indian seafood exports to the US, reaching nearly 60.00%, have made exports challenging. A reduction in tariffs could revitalize the industry, potentially leading to increased export volumes and improved profitability for Indian shrimp exporters.

This development is particularly significant for companies like Avanti Feeds, which derives a substantial portion of its revenue from the North American market. The stock market's positive reaction reflects investor optimism about the potential benefits of this trade agreement for the Indian seafood export sector.

As negotiations continue, stakeholders will be closely monitoring further developments that could impact the industry's growth prospects and market dynamics.

Historical Stock Returns for Avanti Feeds

1 Day5 Days1 Month6 Months1 Year5 Years
+5.19%+5.89%+5.61%-16.90%+25.30%+45.81%
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Avanti Feeds Expands Global Footprint with New Dutch Subsidiary SEALUXE B.V.

1 min read     Updated on 22 Oct 2025, 06:43 PM
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Reviewed by
Shriram ShekharScanX News Team
Overview

Avanti Feeds Limited has incorporated a wholly owned subsidiary, SEALUXE B.V., in the Netherlands on October 20, 2025. The new entity, registered with a share subscription at par value of 10 Euros per share, marks Avanti Feeds' strategic entry into the European seafood market. While SEALUXE B.V. has not yet commenced operations, this move signifies Avanti Feeds' commitment to international growth and diversification in the seafood industry. The company has informed stock exchanges about this development in compliance with SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

Avanti Feeds Limited , a prominent player in the aquaculture industry, has taken a significant step towards international expansion by incorporating a wholly owned subsidiary in the Netherlands. The new entity, named SEALUXE B.V., was officially registered on October 20, 2025, marking Avanti Feeds' strategic entry into the European market.

Key Details of the Incorporation

Aspect Details
Subsidiary Name SEALUXE B.V.
Incorporation Date October 20, 2025
Location Netherlands, European Union
Ownership 100% owned by Avanti Feeds Limited
Share Subscription Par Value of 10 Euros per share
Industry Seafood

Strategic Implications

The incorporation of SEALUXE B.V. represents a calculated move by Avanti Feeds to strengthen its presence in the global seafood market. While the newly formed subsidiary has not yet commenced business operations, it is poised to engage in the seafood industry, potentially opening new avenues for Avanti Feeds in the European market.

Regulatory Compliance

Avanti Feeds has duly informed the stock exchanges about this development, in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015. The company received the Business Register Extract for SEALUXE B.V. on October 22, 2025, confirming the successful incorporation of the subsidiary.

Future Outlook

As SEALUXE B.V. prepares to start its operations, industry observers will be keenly watching how this strategic move unfolds for Avanti Feeds. The expansion into the Netherlands could potentially provide the company with a gateway to the broader European seafood market, enhancing its global footprint and creating new growth opportunities.

While the specific business plans for SEALUXE B.V. have not been disclosed, its establishment signals Avanti Feeds' commitment to international growth and diversification in the seafood industry. Stakeholders will be eager to see how this new subsidiary contributes to Avanti Feeds' overall business strategy and financial performance in the coming years.

As the situation develops, more details about SEALUXE B.V.'s operations and its impact on Avanti Feeds' business are expected to emerge. For now, this move stands as a clear indication of Avanti Feeds' ambitions to expand its reach in the global seafood market.

Historical Stock Returns for Avanti Feeds

1 Day5 Days1 Month6 Months1 Year5 Years
+5.19%+5.89%+5.61%-16.90%+25.30%+45.81%
Avanti Feeds
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