Hatchery technology developed by ICAR-CIBA for the production of seabass seed and nursery rearing technology for the fingerlings, has been transferred to a young entrepreneur, Mr. Nishanth Reddy from Nellore, Andhra Pradesh through a MOU on 30th October 2018, at CIBA Headquarters, in the presence of Dr. J K Jena, DDG (Fy. Science), ICAR, New Delhi. Dr.J.K. Jena expressed the market potential of seabass, which is profitable and also contribute to our effort in increasing the farmed fish production. He has congratulated CIBA and the client for handholding initiative to start the first seabass hatchery in Andhra Pradesh. Dr.K.K.Vijayan Director, CIBA has emphasized the importance of setting up seabass hatchery in the private sector, as this would enable the supply of quality seabass seeds for the fish farmers, which is one of the major limiting factor in the expansion of seabass farming in the country. Director appreciated the entrepreneurial attitude of Mr. Nisahanth Reddy, in taking up the startup programme and training under CIBA to gather experience in the hatchery technology and economic benefits. Mr.Nishanth Reddy envisaged his interest in taking up seabass hatchery and farming, as an alternative model to shrimp farming, as a sustainable and profitable aquaculture venture. He thanked CIBA for extending support and hand-holding him for his initiative in fish farming. This novel initiative which will facilitate increased fish production, generation of employment and income, in tandem with the Central Govt. programme of doubling the farmers income. Earlier Dr.M.Kailasam Principal Scientist & Head-in-Charge, Fish Culture Division briefed about the significance of this MoU and welcomed the gathering. This event was coordinated by the Institute Technology Management Unit- ABI unit of CIBA and the Fish Culture Division scientists. HODs and Scientists of the institute participated in the event. Dr. Dr.P.K.Patil, ITMU delivered the vote of thanks.
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