Move over tuna, there’s a new king of the canned fish aisle, and it’s swimming in a wave of popularity. The humble sardine, packed with nutrients and flavor, is experiencing a surge in demand, turning the canned sardine market into a surprisingly lucrative business opportunity. According to a recent study by Future Market Insights (FMI), […]
Indian shrimp exporters are facing accusations from a foreign lobby that their products are contaminated and produced using forced labor. This lobby is targeting the lucrative US market, where India has a 40% market share. The accusations stem from allegations by a former employee of a Kerala-based shrimp processing company, Choice Canning. The employee, a […]
A new study paints a promising picture for India’s seafood industry, predicting a significant rise in fish consumption within the next two and a half decades. The “Fish Consumption in India: Patterns and Trends” Study This research, conducted jointly by ICAR (Indian Council of Agricultural Research) and WorldFish, along with the International Food Policy Research […]
Top Exporter Faces Scrutiny, Vows to Maintain Standards India, now the world’s leading supplier of shrimp to the US, has vehemently denied allegations of human rights and environmental abuses raised by a Chicago-based human rights group. These accusations come at a time when India’s seafood export industry, particularly shrimp, is experiencing significant growth. Dominating the […]
A senior Indian government official has outlined ambitious plans to significantly boost the country’s seafood export industry. The goal is to reach Rs 1 lakh crore (approximately $12.5 billion) within the next two years. This strategy hinges on increasing processing capacity and transitioning to higher value-added seafood products. The official, who declined to be named […]
The global appetite for shrimp has created a complex issue – balancing affordability with ethical and sustainable practices. While Thailand was once the poster child for these concerns, a new report by the Corporate Accountability Lab (CAL) shines a light on the rise of India’s shrimp industry and the potential issues it presents. India’s Rise […]
March 26, 2024: Letter from GSA CEO Wally Stevens on India Shrimp Situation Speaking for everyone at the Global Seafood Alliance who dedicates their passion and experience to bring about positive change in the seafood industry, the recent reports of worker abuses in India’s shrimp supply chain are upsetting. A vision that we share – one […]
The Indian Council of Agricultural Research (ICAR) is taking a step forward in risk management for the country’s growing shrimp farming industry. Through its institutions, the Central Institute of Brackishwater Aquaculture (CIBA) and the Central Institute of Fisheries Education (CIFE), ICAR has launched a new “Certificate Course on Shrimp Crop Insurance & Loss Assessment.” India’s […]
Dodda Venkata Swamy, chairman of India’s Marine Products Export Development Authority (MPEDA), is pushing back against recent media reports and NGO allegations regarding labor abuses, unsanitary conditions, and food safety violations in the Indian shrimp industry. Swamy maintains that India produces “guilt-free seafood” and boasts a “robust regulatory framework” with “stringent checks and controls” ensuring […]
The Aquaculture Stewardship Council (ASC), a leading organization promoting responsible fish farming practices, is pulling out of China. This move comes amidst growing scrutiny of seafood certification bodies and concerns about ethical and sustainable practices in the industry, particularly in Asia. Strategic Retreat or Deeper Issues? The ASC announced their decision after an 18-month review, […]
The US shrimp industry has received a boost as the Department of Commerce (DOC) announced preliminary countervailing duties on shrimp imports from Ecuador, India, and Vietnam. These duties are meant to offset any unfair advantage these countries might have gained from government subsidies. The Findings: The DOC determined that shrimp producers and exporters in these […]
Let’s chat about something that’s been bubbling up in the world of seafood – the Indian shrimp industry. You might’ve heard some buzz, with folks taking sides and a bit of drama unfolding. Elias Sait from the Seafood Exporters Association of India wasn’t too thrilled, calling out what he sees as “manipulation.” But hey, let’s […]
Louisiana Senator Bill Cassidy is urging the United States Trade Representative (USTR) to investigate potential labor abuses and antibiotic use in India’s shrimp industry. The Senator’s request comes in response to a recent whistleblower report raising concerns about the safety and ethics of shrimp imported from India. Senator Cassidy expressed significant worry, stating that “Indian […]
Good news for Norwegian seafood producers! A recently signed free trade agreement between Norway (through trade organization EFTA) and India opens doors to a massive new market. While India isn’t traditionally known for salmon consumption, growing affluence among some Indians creates an opportunity for Western-style food products. Barriers Lowered, Opportunities Opened: Previously, high tariffs on […]
The shrimp industry holds a significant position in India’s total seafood basket. In FY23, the country’s seafood exports amounted to $8 billion, with frozen shrimps commanding a whopping 70 per cent share of this total. However, the industry has weathered rough times of late. From losing its crown as the world’s top shrimp exporter in […]
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