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Seafood Export

At $7.3 billion in FY24, India's seafood exports touched an all-time high

Frozen shrimp remained the leading export item in the Indian seafood basket, generating Rs 40,013.54 crore ($4,881.27 million), while the US emerged as the top market

At $7.3 billion in FY24, India's seafood exports touched an all-time high
Updated On : 19 Jun 2024 | 3:32 PM IST

Centre aims at almost doubling seafood exports to $14 billion by 2025

The Centre is aiming at nearly doubling seafood exports to USD 14 billion by 2025, a Union minister said on Wednesday. Seafood exports are showing a positive trend this fiscal with three per cent growth in volume, she said. "In 2021-22, the (seafood) exports figure was worth USD 7.76 billion, which was 17 per cent of our agriculture shipments. We have a target to achieve USD 14 billion by 2025," Union Minister of State for Commerce and Industry Anupriya Patel said. She was speaking here at the inauguration of the India International Seafood Show 2023. India's commitment towards safe and sustainable seafood production for export will lead the way for enhancing foreign direct investment, thereby contributing to the Make in India' initiative, Patel said. "We are also proceeding in a favourable manner with our Free Trade Agreements (FTAs) with different important-export destinations. "India, today, has become one of the most preferred and one of the very big seafood baskets for the w

Centre aims at almost doubling seafood exports to $14 billion by 2025
Updated On : 15 Feb 2023 | 2:34 PM IST

Coronavirus keeps seafood exporters in a bind with no fresh orders

Shipments to the US, India's largest market for marine food, are down by over 50% since the outbreak of Covid-19 and the consequent lockdown

Coronavirus keeps seafood exporters in a bind with no fresh orders
Updated On : 03 Apr 2020 | 2:47 AM IST

Trade conflicts to mar export earnings of seafood companies in 2019: Report

Shrimp prices had plunged below the production cost last year due to a glut in global production and uncertainty in world trade

Trade conflicts to mar export earnings of seafood companies in 2019: Report
Updated On : 12 Jul 2019 | 11:47 PM IST

Seafood exports may hit all-time high of $6 bn on strong volumes: MPEDA

Authority says new initiatives in aquaculture, such as AQF expansion, will be key to achieving $10 billion export goal by 2022

Seafood exports may hit all-time high of $6 bn on strong volumes: MPEDA
Updated On : 14 Jun 2018 | 7:09 PM IST

Demand for frozen shrimp, squid spurs export of marine products

Shrimp exports increased by 20.87% in terms of quantity and 21.64% in dollar

Demand for frozen shrimp, squid spurs export of marine products
Updated On : 16 Oct 2017 | 5:55 PM IST