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Kings Infra Ventures LtdOthers, 07-04-2025: PRESS RELEASE

07-04-2025 · 02:38 pm

Kings Infra Ventures has announced a board meeting to discuss its strategic approach in response to the newly implemented US tariffs, which impose a 26% duty on Indian seafood exports, significantly affecting global trade. While there is an uncertainty surrounding the 2000 crore seafood products currently in transit to the US, Kings Infra is well-positioned as it has no shipments in transit and previously decided to defer significant market entry into the US.

The company aims to leverage strong relationships in European markets and consider re-entering the Japanese market. With local consumption of seafood on the rise in India, Kings Infra is shifting its focus to boost its consumer base for ready-to-eat products and is setting up a new factory in Tuticorin. This proactive strategy signals a positive outlook, as it focuses on sustainability and innovation to navigate geopolitical trade challenges.

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