Seasaga Group

🌟 𝗦𝗲𝗮𝘀𝗮𝗴𝗮 𝗧𝗮𝗸𝗲𝘀 𝘁𝗵𝗲 𝗙𝗶𝗲𝗹𝗱 𝘄𝗶𝘁𝗵 𝗡𝗼𝗿𝘁𝗵𝗲𝗿𝗻 𝗪𝗮𝗿𝗿𝗶𝗼𝗿𝘀! 🏏 🌟 We are thrilled to announce that Seasaga is a proud sponsor of the 𝗡𝗼𝗿𝘁𝗵𝗲𝗿𝗻 𝗪𝗮𝗿𝗿𝗶𝗼𝗿𝘀 in the ongoing 𝗔𝗯𝘂 𝗗𝗵𝗮𝗯𝗶 𝗧𝟭𝟬 𝗟𝗲𝗮𝗴𝘂𝗲! 🎉 It brings us immense joy to share that the Warriors have already made a strong start, winning their first match with remarkable performance. 🏆👏 Adding to our excitement, our esteemed Director, 𝗠𝗿. 𝗦𝗵𝗮𝗯𝗮𝘇 𝗘𝗹𝗶𝗮𝘀, is one of the proud owners of the team. His passion for the game and dedication to excellence mirror the values we hold at Seasaga. Let’s rally behind the Northern Warriors as they continue their journey in this thrilling tournament. We wish them the very best for the matches ahead! 💪⚡ Stay tuned for more updates, and let’s cheer for the Warriors together! 🖤💛 #Seasaga #NorthernWarriors #AbuDhabiT10 #Cricket Northern Warriors

📉 𝗧𝗵𝗲 𝗦𝗵𝗿𝗶𝗺𝗽 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗙𝗮𝗰𝗲𝘀 𝗮 𝗧𝗼𝘂𝗴𝗵 𝗧𝗶𝗱𝗲 𝗗𝗲𝘀𝗽𝗶𝘁𝗲 𝗥𝗲𝗰𝗼𝗿𝗱 𝗘𝘅𝗽𝗼𝗿𝘁𝘀 📉 India's seafood export industry, particularly shrimp farming, is navigating challenging waters. While export volumes have hit record highs, the financial reality for shrimp farmers tells a different story. 𝗘𝘅𝗽𝗼𝗿𝘁𝘀 𝗨𝗽, 𝗕𝘂𝘁 𝗩𝗮𝗹𝘂𝗲 𝗗𝗼𝘄𝗻📦 India exported 7,16,004 tonnes of frozen shrimp in FY24, up slightly from 7,11,099 tonnes in FY23. However, the export value dropped from $5.48 billion to $4.88 billion, marking a concerning trend. The decline in export value, despite increased volume, is squeezing farm gate prices and impacting farmers’ livelihoods. 𝗚𝗹𝗼𝗯𝗮𝗹 𝗠𝗮𝗿𝗸𝗲𝘁 𝗣𝗿𝗲𝘀𝘀𝘂𝗿𝗲𝘀🌍 The global market is flooded with shrimp, particularly from Ecuador, which has ramped up production to levels that are driving down prices worldwide. This oversupply, coupled with muted demand and rising freight rates, has left Indian shrimp farmers struggling with low profitability. 𝗥𝗶𝘀𝗶𝗻𝗴 𝗖𝗼𝘀𝘁𝘀📈 Inflation and increased logistics costs are adding to the burden. The average realization for shrimp processors dropped by 12% in USD terms during FY24, while production costs remained high. As a result, many farmers are finding it difficult to sustain their operations. 𝗚𝗼𝘃𝗲𝗿𝗻𝗺𝗲𝗻𝘁 𝗦𝘂𝗽𝗽𝗼𝗿𝘁 𝗮𝗻𝗱 𝘁𝗵𝗲 𝗪𝗮𝘆 𝗙𝗼𝗿𝘄𝗮𝗿𝗱💡 The recent budget announcements offer some relief, with reduced customs duties on shrimp feed inputs and the establishment of nucleus breeding centres. However, experts agree that more needs to be done. Investments in advanced farming technologies, better infrastructure, and a focus on high-value products like Ready-to-Eat shrimp could provide much-needed stability and growth for the sector. Our Managing Director, MK Navas, sheds light on the challenges faced by shrimp farmers: "𝘛𝘩𝘦 𝘥𝘳𝘰𝘱 𝘪𝘯 𝘦𝘹𝘱𝘰𝘳𝘵 𝘱𝘳𝘪𝘤𝘦𝘴 𝘩𝘢𝘴 𝘴𝘦𝘳𝘪𝘰𝘶𝘴𝘭𝘺 𝘢𝘧𝘧𝘦𝘤𝘵𝘦𝘥 𝘐𝘯𝘥𝘪𝘢𝘯 𝘴𝘩𝘳𝘪𝘮𝘱 𝘧𝘢𝘳𝘮𝘦𝘳𝘴. 𝘍𝘰𝘳 𝘧𝘢𝘳𝘮𝘦𝘳𝘴 𝘵𝘰 𝘴𝘵𝘢𝘺 𝘪𝘯 𝘵𝘩𝘦 𝘪𝘯𝘥𝘶𝘴𝘵𝘳𝘺, 𝘵𝘩𝘦𝘺 𝘯𝘦𝘦𝘥 𝘵𝘰 𝘤𝘰𝘷𝘦𝘳 𝘵𝘩𝘦𝘪𝘳 𝘱𝘳𝘰𝘥𝘶𝘤𝘵𝘪𝘰𝘯 𝘤𝘰𝘴𝘵𝘴 𝘢𝘯𝘥 𝘢𝘤𝘩𝘪𝘦𝘷𝘦 𝘢 𝘳𝘦𝘢𝘴𝘰𝘯𝘢𝘣𝘭𝘦 𝘱𝘳𝘰𝘧𝘪𝘵 𝘮𝘢𝘳𝘨𝘪𝘯. 𝘜𝘯𝘧𝘰𝘳𝘵𝘶𝘯𝘢𝘵𝘦𝘭𝘺, 𝘵𝘩𝘦 𝘤𝘶𝘳𝘳𝘦𝘯𝘵 𝘤𝘰𝘯𝘥𝘪𝘵𝘪𝘰𝘯𝘴 𝘢𝘳𝘦 𝘱𝘶𝘴𝘩𝘪𝘯𝘨 𝘵𝘩𝘦𝘮 𝘵𝘰 𝘢𝘣𝘢𝘯𝘥𝘰𝘯 𝘴𝘩𝘳𝘪𝘮𝘱 𝘧𝘢𝘳𝘮𝘪𝘯𝘨 𝘪𝘯 𝘧𝘢𝘷𝘰𝘳 𝘰𝘧 𝘰𝘵𝘩𝘦𝘳 𝘤𝘳𝘰𝘱𝘴, 𝘸𝘩𝘪𝘤𝘩 𝘪𝘯 𝘵𝘶𝘳𝘯 𝘱𝘭𝘢𝘤𝘦𝘴 𝘢𝘥𝘥𝘪𝘵𝘪𝘰𝘯𝘢𝘭 𝘴𝘵𝘳𝘢𝘪𝘯 𝘰𝘯 𝘵𝘩𝘦 𝘦𝘯𝘵𝘪𝘳𝘦 𝘪𝘯𝘥𝘶𝘴𝘵𝘳𝘺. 𝘈𝘭𝘵𝘩𝘰𝘶𝘨𝘩 𝘱𝘳𝘪𝘤𝘦𝘴 𝘩𝘢𝘷𝘦 𝘳𝘦𝘤𝘦𝘯𝘵𝘭𝘺 𝘪𝘯𝘤𝘳𝘦𝘢𝘴𝘦𝘥 𝘥𝘶𝘦 𝘵𝘰 𝘭𝘪𝘮𝘪𝘵𝘦𝘥 𝘴𝘶𝘱𝘱𝘭𝘺, 𝘵𝘩𝘪𝘴 𝘪𝘴 𝘰𝘯𝘭𝘺 𝘢 𝘵𝘦𝘮𝘱𝘰𝘳𝘢𝘳𝘺 𝘴𝘱𝘪𝘬𝘦 𝘢𝘯𝘥 𝘪𝘴 𝘦𝘹𝘱𝘦𝘤𝘵𝘦𝘥 𝘵𝘰 𝘧𝘢𝘭𝘭 𝘢𝘨𝘢𝘪𝘯 𝘰𝘯𝘤𝘦 𝘳𝘢𝘸 𝘮𝘢𝘵𝘦𝘳𝘪𝘢𝘭 𝘢𝘷𝘢𝘪𝘭𝘢𝘣𝘪𝘭𝘪𝘵𝘺 𝘪𝘮𝘱𝘳𝘰𝘷𝘦𝘴." #SeafoodExports #ShrimpFarming #IndiaVsEcuador #GlobalTrade #Aquaculture #Sustainability #Seasaga #Innovation #IndianEconomy

🌟 𝗘𝘅𝗰𝗶𝘁𝗶𝗻𝗴 𝗠𝗶𝗹𝗲𝘀𝘁𝗼𝗻𝗲 𝗳𝗼𝗿 𝗦𝗲𝗮𝘀𝗮𝗴𝗮! 🌟 We are thrilled to announce that we have successfully loaded our first container of double certified (𝗔𝗦𝗖 + 𝗕𝗔𝗣 𝟰*) product! This marks a significant new chapter for us, demonstrating our unwavering commitment to sustainability and quality. Achieving both ASC (𝗔𝗾𝘂𝗮𝗰𝘂𝗹𝘁𝘂𝗿𝗲 𝗦𝘁𝗲𝘄𝗮𝗿𝗱𝘀𝗵𝗶𝗽 𝗖𝗼𝘂𝗻𝗰𝗶𝗹) and BAP (𝗕𝗲𝘀𝘁 𝗔𝗾𝘂𝗮𝗰𝘂𝗹𝘁𝘂𝗿𝗲 𝗣𝗿𝗮𝗰𝘁𝗶𝗰𝗲𝘀) 4-star certifications is no small feat. It reflects our dedication to responsible aquaculture practices, ensuring the highest standards of environmental and social responsibility, as well as food safety. We are incredibly proud of this achievement and happy to share this moment with our valued partners, customers, and the entire Seasaga family. This milestone is a testament to our continuous efforts to deliver superior products while protecting our planet and supporting our communities. 𝗧𝗵𝗮𝗻𝗸 𝘆𝗼𝘂 𝗳𝗼𝗿 𝘆𝗼𝘂𝗿 𝗰𝗼𝗻𝘁𝗶𝗻𝘂𝗲𝗱 𝘀𝘂𝗽𝗽𝗼𝗿𝘁. 𝗛𝗲𝗿𝗲’𝘀 𝘁𝗼 𝗺𝗮𝗻𝘆 𝗺𝗼𝗿𝗲 𝗺𝗶𝗹𝗲𝘀𝘁𝗼𝗻𝗲𝘀 𝗼𝗻 𝗼𝘂𝗿 𝗷𝗼𝘂𝗿𝗻𝗲𝘆 𝘁𝗼𝘄𝗮𝗿𝗱𝘀 𝘀𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗮𝗻𝗱 𝗲𝘅𝗰𝗲𝗹𝗹𝗲𝗻𝗰𝗲! #Seasaga #Sustainability #ASC #BAP4Star #Milestone #Aquaculture #Seafood #Quality #Environment #Community

𝗦𝗲𝗮𝘀𝗮𝗴𝗮 𝗦𝘁𝗮𝗻𝗱𝘀 𝘄𝗶𝘁𝗵 𝘁𝗵𝗲 𝗣𝗲𝗼𝗽𝗹𝗲 𝗼𝗳 𝗪𝗮𝘆𝗮𝗻𝗮𝗱! In light of the recent devastating landslides in Wayanad, our hearts go out to everyone affected by this natural disaster. At Seasaga, we believe in standing together during times of crisis and extending our support to those in need. Kerala holds a special place in our hearts as it is home to many of our dedicated employees and is an integral part of our operations. The severity of the situation in Wayanad has touched us deeply, and we are committed to contributing to the relief efforts and supporting the affected families. We are working closely with local authorities and NGOs to provide necessary assistance and ensure that relief reaches those who need it the most. We urge everyone in our community and beyond to join hands in supporting the people of Wayanad. Every bit of help counts, whether it’s through donations, volunteering, or spreading awareness. 𝗧𝗼𝗴𝗲𝘁𝗵𝗲𝗿, 𝘄𝗲 𝗰𝗮𝗻 𝗺𝗮𝗸𝗲 𝗮 𝗱𝗶𝗳𝗳𝗲𝗿𝗲𝗻𝗰𝗲. 𝗦𝘁𝗮𝘆 𝘀𝘁𝗿𝗼𝗻𝗴, 𝗪𝗮𝘆𝗮𝗻𝗮𝗱. 🌧️ #𝗦𝗲𝗮𝘀𝗮𝗴𝗮 #𝗦𝘂𝗽𝗽𝗼𝗿𝘁𝗪𝗮𝘆𝗮𝗻𝗮𝗱 #𝗖𝗼𝗺𝗺𝘂𝗻𝗶𝘁𝘆𝗦𝘂𝗽𝗽𝗼𝗿𝘁 #𝗦𝘁𝗮𝗻𝗱𝗧𝗼𝗴𝗲𝘁𝗵𝗲𝗿 #𝗥𝗲𝗹𝗶𝗲𝗳𝗘𝗳𝗳𝗼𝗿𝘁𝘀 #𝗡𝗮𝘁𝘂𝗿𝗮𝗹𝗗𝗶𝘀𝗮𝘀𝘁𝗲𝗿 #𝗛𝗲𝗹𝗽𝗶𝗻𝗴𝗛𝗮𝗻𝗱𝘀 #𝗞𝗲𝗿𝗮𝗹𝗮

🌟 𝗜𝗻𝗱𝗶𝗮'𝘀 𝗕𝘂𝗱𝗴𝗲𝘁 𝟮𝟬𝟮𝟰: 𝗧𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝘃𝗲 𝗔𝗻𝗻𝗼𝘂𝗻𝗰𝗲𝗺𝗲𝗻𝘁𝘀 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗦𝗵𝗿𝗶𝗺𝗽 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 🌟 We are excited to share the significant advancements introduced in India's Budget 2024-25, which are set to revolutionize the aquaculture and seafood export sectors, especially for shrimp farming. These new measures promise substantial benefits for our industry, enhancing growth and sustainability. 📈 𝗞𝗲𝘆 𝗔𝗻𝗻𝗼𝘂𝗻𝗰𝗲𝗺𝗲𝗻𝘁𝘀: 𝟭. 𝗥𝗲𝗱𝘂𝗰𝘁𝗶𝗼𝗻 𝗶𝗻 𝗕𝗮𝘀𝗶𝗰 𝗖𝘂𝘀𝘁𝗼𝗺𝘀 𝗗𝘂𝘁𝘆 (𝗕𝗖𝗗): The BCD on essential aquafarm/hatchery inputs such as Vannamei and Black Tiger broodstock, polychaete worms, and fish/shrimp feed has been reduced to just 5%. Similarly, import duty for insect meal and single-cell protein has also been cut down to 5%. These reductions are expected to lower production costs significantly. 𝟮. 𝗖𝘂𝘀𝘁𝗼𝗺𝘀 𝗗𝘂𝘁𝘆 𝗘𝘅𝗲𝗺𝗽𝘁𝗶𝗼𝗻𝘀: Various inputs used in shrimp and fish feed manufacturing will now enjoy customs duty exemptions. Inputs such as mineral and vitamin pre-mixes, krill meal, fish lipid oil, crude fish oil, algal prime, and algal oil are fully exempted from any import duty. Artemia and Artemia cysts, which are key nutritional inputs in aqua hatcheries, were also fully exempted from any import duty. 𝟯. 𝗘𝘀𝘁𝗮𝗯𝗹𝗶𝘀𝗵𝗺𝗲𝗻𝘁 𝗼𝗳 𝗡𝘂𝗰𝗹𝗲𝘂𝘀 𝗕𝗿𝗲𝗲𝗱𝗶𝗻𝗴 𝗖𝗲𝗻𝘁𝗿𝗲𝘀 (𝗡𝗕𝗖𝘀): The government is committed to providing substantial financial support to establish NBCs for shrimp broodstocks. This initiative is set to reduce India's reliance on imported broodstock, potentially saving the industry up to Rs 150 crore annually. Hatchery operators are projected to save 50% on broodstock costs, benefiting approximately one lakh farmers with a 30% reduction in shrimp seed costs. 𝟰. 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗦𝘂𝗽𝗽𝗼𝗿𝘁 𝗳𝗿𝗼𝗺 𝗡𝗔𝗕𝗔𝗥𝗗: The National Bank for Agriculture and Rural Development (NABARD) will facilitate financing for shrimp farming, processing, and export. This support will cover 80% of project costs for farmers, accompanied by an interest subvention of up to 3%, ensuring better financial stability and growth. 𝟱. 𝗘𝗻𝗵𝗮𝗻𝗰𝗲𝗱 𝗜𝗻𝗳𝗿𝗮𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁 𝗙𝘂𝗻𝗱𝘀: A total of 639 export processing units are expected to benefit from improved access to infrastructure development funds through assistance from NABARD. This will enable facilities to enhance and expand their operations, further boosting the industry's capacity and efficiency. At Seasaga, we are thrilled about these positive changes and are committed to leveraging these opportunities to enhance our operations and products. We look forward to the continued growth and success of the Indian shrimp industry. #Seasaga #Budget2024 #ShrimpIndustry #Seafood #Innovation #Sustainability #IndiaExports #EconomicGrowth #SeafoodProcessing #GlobalMarkets #SeafoodExport #SeafoodFromIndia Marine Product Export Development Authority

𝐓𝐫𝐚𝐰𝐥𝐢𝐧𝐠 𝐁𝐚𝐧: 𝐀 𝐂𝐨𝐦𝐦𝐢𝐭𝐦𝐞𝐧𝐭 𝐭𝐨 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐢𝐥𝐢𝐭𝐲 We are halfway through the trawling ban season, which began on the West Coast on 𝐉𝐮𝐧𝐞 𝟏, 𝟐𝟎𝟐𝟒, and is set to end on 𝐉𝐮𝐥𝐲 𝟑𝟏, 𝟐𝟎𝟐𝟒. This crucial period is not just a regulatory measure but a vital step towards sustainable fishing and marine conservation. 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐓𝐫𝐚𝐰𝐥𝐢𝐧𝐠 𝐁𝐚𝐧: 1. 𝐌𝐚𝐫𝐢𝐧𝐞 𝐑𝐞𝐠𝐞𝐧𝐞𝐫𝐚𝐭𝐢𝐨𝐧: The ban provides an essential break for marine ecosystems, allowing fish populations to breed and regenerate without disruption. 2. 𝐋𝐨𝐧𝐠-𝐓𝐞𝐫𝐦 𝐕𝐢𝐚𝐛𝐢𝐥𝐢𝐭𝐲: By ensuring that fish stocks are not overexploited, we secure the long-term sustainability of our marine resources. 3. 𝐁𝐢𝐨𝐝𝐢𝐯𝐞𝐫𝐬𝐢𝐭𝐲 𝐏𝐫𝐨𝐭𝐞𝐜𝐭𝐢𝐨𝐧: The ban helps in preserving the biodiversity of our oceans, protecting not just fish but the entire marine habitat. 𝐒𝐞𝐚𝐬𝐚𝐠𝐚 is dedicated to implementing and advocating for sustainable fishing practices. We work closely with local authorities, fishermen, and marine experts to ensure compliance with trawling regulations and promote conservation efforts. #SustainableFishing #TrawlingSeason #MarineConservation #Seasaga #ResponsibleFishing #ProtectOurOceans #EconomicViability #IndianFishes #FishesFromIndia #Seafood #SeafoodOfIndia #Maharashtra MPEDA

A well-knowledgeable workforce is the backbone of any company, and at Seasaga, we strive to continuously enhance our team's skills and understanding. We were honored to host MPEDA (Marine Products Export Development Authority) at our facility for a specialized training program focused on hygiene and best practices in the seafood industry. This training was meticulously curated to ensure our workers grasp the importance of maintaining the highest hygiene standards, which is crucial for delivering top-quality products to our customers. A big thank you to MPEDA for their unwavering support and dedication to the development of marine products in India. Your efforts play a vital role in elevating the standards of our industry and ensuring the sustainable growth of seafood exports. #Seasaga #MPEDA #SeafoodIndustry #Training #Hygiene #QualityAssurance #MarineProducts #India #WorkforceDevelopment #ThankYou MPEDA

🌟 Exciting Opportunity Alert! 🌟 Seasaga is currently hiring a Sales Administrator to join our dynamic team! If you're passionate about sales, highly organized, and enjoy working in a fast-paced environment, we want to hear from you. For more details check the document attached herewith. If you're ready to take on this exciting role and contribute to our team's success, send your resume to [email protected]. We can't wait to hear from you! #Seasaga #SalesAdministrator #JobOpportunity #NowHiring #Sales #Marketing #ApplyNow #JoinOurTeam #CareerOpportunity

Can't believe it's already been 10 days since SEG'24! It was an incredible 3 days filled with networking, learning, and showcasing our products at the Seafood Expo Global. We had the pleasure of connecting with our industry friends, buyers, and suppliers, gaining valuable insights into market trends and understanding the evolving needs of our customers. During the expo, we were thrilled to share updates about Seasaga's latest certifications, infrastructure enhancements in our factories, and introduce our new facility. It was also exciting to discuss the new products developed by Seasaga over the past year and gain insights into the market's future trajectory to ensure we stay ahead of the curve. A special thanks to MPEDA for organizing the Indian pavilion, which provided us with a platform to showcase our offerings and connect with industry stakeholders. We are grateful for their support in making SEG'24 a success! #SEG24 #SeafoodExpoGlobal #MPEDA #Seasaga #SeafoodIndustry #MarketTrends #ProductInnovation #Networking Seafood Expo Global/Seafood Processing Global MPEDA

Happy Labour Day! 🎉 At Seasaga, we recognize the dedication and hard work of our staff, who are the driving force behind our growth. We believe in taking care of our employees, and our commitment is reflected in our certifications such as BSCI, ASC, BAP, and more. Thank you to all our team members for their contributions. Your efforts are truly valued and appreciated. #LabourDay #Seasaga #Seafood #seafoodfactory