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Asia

India’s Avanti Feeds sees cost of sales jump 36% on raw material price surge

Indian aquafeed giant Avanti Feeds, which claims to have a near 50% share of India's shrimp feed market, reported a 36% increase in costs of sales in its financial year to March 2022 after a surge in raw material prices

By Louis Harkell | July 28, 2022 10:27 BST
Avanti Frozen Foods' factory in Andrah Pradesh. Credit: Louis Harkell/Undercurrent News
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