Kings Infra Unveils Major Expansion Plans in Europe at AGM 2024

Mr. Shaji Baby John, Chairman and Managing Director of Kings Infra, detailed the company's new strategic initiatives at its 36th AGM in Kochi. Kings Infra aims to expand its footprint in European markets, particularly Spain and Italy, while monetizing land assets to fund sustainable aquaculture growth.

KOCHI, 1st October 2024: Mr. Shaji Baby John, Chairman and Managing Director of Kings Infra, announced significant new initiatives following the company's 36th AGM. Addressing the press, he outlined the strategic roadmap focusing on sustainable growth.

Mr. Shaji will represent Kings Infra at the Conxemar 2024 Seafood Fair in Vigo, Spain. He will follow this by visiting key clients in Spain and Italy, aiming to expand Kings Infra's presence in these high-value markets. The company had earlier participated in the Seafood Expo 2024 in Barcelona, establishing vital contacts with leading importers from multiple European countries.

With meetings lined up at the Conxemar 2024 Seafood Fair, Mr. Shaji aims to secure long-term contracts for certified antibiotic-free shrimp products. Kings Infra recently appointed Mr. Jesus Vicente Piero Sos as Business Development Advisor for International Markets, enhancing their engagement with large clients in Spain and Italy.

To support these initiatives, Kings Infra plans to monetize its land assets in strategic locations like North Bangalore, Kochi, and Tuticorin. This move aims to generate capital for processing investments and working capital to fuel their sustainable aquaculture business.

(With inputs from agencies.)