Magazine
The aqua culture feed market in India is growing rapidly with a CAGR of more than 10 percent. Researchers have confirmed that India can produce about 2.88 million metric tons of aqua culture feed cumulatively from all its mills. However, this vast market in India lacks customer satisfaction as formulation manufacturing companies often fail to provide the suitable aqua culture medium for their clients pertaining to their specific needs. As a result, there is degradation in the outcome of the client companies. Hence, there is a huge potential in the market for players with good knowledge and the proper infrastructure to provide tailored solutions.
Neovet Formulations has been functioning in this market for 17 years and has attained maximum client satisfaction through its services. The company’s services are backed by technology under the close supervision of technocrats present in the company’s core team. Therefore, the company’s core competency lies in manufacturing solutions that meet the client and regulation specific requirements. The company Managing Director, Natwarlal Patel Dayani says, “Besides being a customized manufacturer of aqua culture feed, our company offers products at a very competitive price.” Such a product range for customers provides the company a lever compared to the other players in the market.
Long Term Commitment
Neovet Formulations is widely known in the Indian market as a quality aqua feed supplements manufacturer and supplier. The company derives advantage of their market presence through equipped supply chains both inbound and outbound. Dayani says, “The main focus of Neovet is to provide maximum satisfaction to the clients.
This also includes the provision of a competitive price. Now, our huge capacity to manufacture is our key to maintain flawless supply of products and in bulk quantities.” Looking at the data that says feed mills in India have the capacity to produce about 2.88 million metric tons per year on average, Neovet is one of the companies working in the aqua feed manufacturing industry.
Neovet has a very prompt recognition in the Indian market as complete service provider. As Dayani mentions, a recent feedback study of clients has shown the company’s excellence in remaining a reliable service option for them over the years. He says, “We render very prompt and reliable after-sales services to our clients that have helped us build longterm relationships with them. When clients keep on receiving support time and again, they do not feel the need to visit other service providers, and that is what makes us stand out in the market.”
Neovet company derives advantage of their market presence through equipped supply chains both inbound and outbound
During its course of services, the company’s decision-makers have considered the effectiveness of maintaining transparency while signing deals. This aspect embarks on the fact that the manufacturing and associated process n Neovet follows business and ethical standards. Ensuring standard services and reliable support has helped the company carve out a niche market for themselves, enabling them to earn many prestigious clients in the Indian market.
Gamut of Products
Being one of India’s leading manufacturers and suppliers of both aqua feed supplements and chemicals for supplement manufacturing, the company’s product range includes poultry and veterinary feed supplements, EDTA for aqua, Hydrate limes, iodine solutions, potassium chloride, Zeolite for aqua, sanitizers and many more chemical compounds.
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