Fish Biotech Private Limited
During the year 2009, the promoters of KBK Innovation Hub visited Halifax,Canada to see first of its kind completely automated RAS Aquaculture farm farming Salmon. RAS technology was identified with the potential of making socio economic impact by engineering
blue revolution in India. KBK Innovation Hub committed itself to invest time and resources in this project.
A research assignment was given to an international consulting firm Cushman Weikfield to map fish market dynamics of North India. Encouraged by the market potential as mapped by Cushman Weikfield report. KBK Innovation Hub launched a global hunt to identify the leaders on technology domain. The KBK team visited Australia to see 5 RAS plants of different sizes running successfully to farm Barramundi fish. The team KBK further went to Norway, Denmark and Holland to see various RAS based farms.
Finally, In the year 2012 Fish Biotech Pvt Ltd was incorporated as a 100 % subsidiary of T J Realty Scanners Pvt Ltd. KBK Innovation Hub has already invested 55 million INR (.8 million USD) on this project. Currently company is at the advance stage of setting up of Centre of excellence for aquaculture in Punjab in collaboration with Alpha Aqua AS, Denmark.