India : ABIS Climate-Resilient Aquaculture Value Chain Project

Nonsovereign Project | 56123-001

The transaction involves a (i) loan of up to $16,000,000 (or its equivalent in Indian Rupees) to Abis Exports (India) Private Limited (ABIS) for the AABIS Climate-Resilient Aquaculture Value Chain Project in India and (ii) technical assistance (TA) for Building Capacity for Climate Change Adaptation in Smallholder Fish Farming.

Project Details

  • Project Officer
    Dora, Tushna
    Private Sector Operations Department
    Request for information
  • Approval Date
    30 September 2022
  • Country/Economy
    India
  • Sector
    • Agriculture, natural resources and rural development

Related Projects

Project Name ABIS Climate-Resilient Aquaculture Value Chain Project
Project Number 56123-001
Borrower / Company ABIS Exports (India) Private Limited
Country / Economy India
Location Nation-wide
Type or Modality of Assistance
4226 Debt Security Ordinary capital resources USD 16.00 million Approved
Operational Priorities OP2: Accelerating progress in gender equality
OP3: Tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability
OP5: Promoting rural development and food security
Sector / Subsector

Agriculture, natural resources and rural development / Agro-industry, marketing, and trade
Gender Effective gender mainstreaming
Responsible ADB Department Private Sector Operations Department
Responsible ADB Division Office of the Director General, PSOD
Responsible ADB Officer Dora, Tushna
Project Sponsor(s)
Description The transaction involves a (i) loan of up to $16,000,000 (or its equivalent in Indian Rupees) to Abis Exports (India) Private Limited (ABIS) for the AABIS Climate-Resilient Aquaculture Value Chain Project in India and (ii) technical assistance (TA) for Building Capacity for Climate Change Adaptation in Smallholder Fish Farming.
Objectives and Scope The project will finance capital expenditure for the construction of a new, micro fish-feed plant. The specialized micro fish feed, which is new to the market, will support farmers in adopting higher-efficiency fish feed, which in turn will increase food production and contribute to increased farmer income and food security in India. More efficient delivery of nutrients to the fish will result in increased agricultural productivity, reduced water contamination, and improved resilience to climate change. The project will also support gender inclusion. The project is fully aligned with the Government of India's goal of enhancing fish production, resulting in increased export earnings and employment. The TA will focus on building climate-resilient fish farming practices and financial literacy of 2,700 farmers, including at least 540 women farmers.
Linkage to Country/Regional Strategy The project is consistent with ADB's Strategy 2030 Operational Plan for Priority 5, which stresses that over and/or misuse of fertilizers and pesticides contaminates soil, water, and marine resources; and that smallholder farmers have limited access to modern inputs, financing, and markets. The plan calls for ADB to mobilize investments to 'sustainably increase farm productivity and incomes and promote 'better-quality farm inputs . The project is also aligned with the Operational Plan for Private Sector Operations.
Safeguard Categories
Environment B
Involuntary Resettlement C
Indigenous Peoples C
Summary of Environmental and Social Aspects
Environmental Aspects

ADB has categorized the investment in compliance with ADB's Safeguard Policy Statement (2009) as follows: environment (category B). ADB has undertaken environmental and social management system (ESMS) audit and E&S compliance review for the Indamara Plant (operational facility) and the Sukhri Plant (under construction), and reviewed the potential E&S impacts of the project and measures to avoid, minimize, mitigate, and compensate for the adverse impacts in the safeguard reports and plans.
Involuntary Resettlement

ADB has categorized the investment in compliance with ADB's Safeguard Policy Statement (2009) as follows: involuntary resettlement (category C). ADB has undertaken environmental and social management system (ESMS) audit and E&S compliance review for the Indamara Plant (operational facility) and the Sukhri Plant (under construction), and reviewed the potential E&S impacts of the project and measures to avoid, minimize, mitigate, and compensate for the adverse impacts in the safeguard reports and plans.
Indigenous Peoples

ADB has categorized the investment in compliance with ADB's Safeguard Policy Statement (2009) as follows: indigenous peoples (category C). ADB has undertaken environmental and social management system (ESMS) audit and E&S compliance review for the Indamara Plant (operational facility) and the Sukhri Plant (under construction), and reviewed the potential E&S impacts of the project and measures to avoid, minimize, mitigate, and compensate for the adverse impacts in the safeguard reports and plans.
Stakeholder Communication, Participation, and Consultation
Timetable for assistance design, processing and implementation
Concept Clearance -
Credit Committee Meeting -
Approval 30 Sep 2022
Last PDS Update 06 Oct 2022

Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

The Access to Information Policy (AIP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.

The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.

In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.

Title Document Type Document Date
Abis Climate-Resilient Aquaculture Value Chain Sustainability Linked Blue Loan Project: Initial Poverty and Social Analysis Initial Poverty and Social Analysis Sep 2022
ABIS Climate-Resilient Aquaculture Value Chain Project: FAST Report Faster Approach to Small Nonsovereign Transactions Sep 2022

Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.

Title Document Type Document Date
ABIS Climate-Resilient Aquaculture Value Chain Project: Initial Environmental and Social Examination Initial Environmental Examination Dec 2022
ABIS Climate-Resilient Aquaculture Value Chain Project: Final Environmental and Social Compliance Audit Report Environment and Social Compliance Audit Reports Nov 2022

Evaluation Documents See also: Independent Evaluation

None currently available.

Related Publications

None currently available.

The Access to Information Policy (AIP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.

Requests for information may also be directed to the InfoUnit.