Seafood Of India

Welcome to India's first Exclusive Seafood Portal

  • contact@seafoodofindia.com
Facebook Instagram Twitter Youtube

Welcome to India's first Exclusive Seafood Portal

  • contact@seafoodofindia.com
Menu

Blog Post

editor
Aquaculture Fisheries News
0
27

Unlocking the Blue Gold: Investors’ Meet 2024 to Boost Fisheries and Aquaculture in Andaman & Nicobar Islands

On November 14, 2024, the Department of Fisheries, under the Ministry of Fisheries, Animal Husbandry & Dairying, is set to host the highly anticipated “Investors’ Meet 2024: Investment Opportunities in Fisheries and Aquaculture Sector of Andaman & Nicobar Islands.” This landmark event will be held at Taj Exotica in Swaraj Dweep, Andaman & Nicobar Islands, and will be graced by several distinguished dignitaries, including Union Minister Rajiv Ranjan Singh alias Lalan Singh, George Kurian, Minister of State, and Prof. S.P. Singh Baghel, among others. A Platform for Growth and Collaboration The Investors’ Meet 2024 is designed to serve as a robust platform for knowledge exchange, networking, and business exploration. The event will bring together around 60 investors from across India, specializing in technologies related to tuna and seaweed, along with officials from the Department of Fisheries, State/UT Fisheries Departments, and scientists. The aim is to foster public-private partnerships that drive sustainable growth in the fisheries and aquaculture sectors. Untapped Opportunities in A&N Islands The Andaman and Nicobar Islands offer a unique and fertile ground for fisheries development. With an Exclusive Economic Zone (EEZ) spanning approximately 6.0 lakh square kilometers, the region is rich in under-exploited sea resources, particularly tuna and other high-valued species, estimated at 60,000 metric tons. The islands’ proximity to Southeast Asian countries facilitates efficient sea and air trade, while the pristine waters support sustainable fishing practices. Effective administrative measures further enhance the region’s potential for economic growth through marine resources. Comprehensive Roadmap and Key Sessions The event will include lead presentations, B2B and B2G interactions, and strategy planning sessions aimed at driving investments in infrastructure, technology transfer, skill development, and innovation. Interactive sessions will focus on best practices, address challenges faced by the private sector, and foster networking opportunities with Southeast Asian counterparts to explore new business opportunities and trade synergies. Key sessions will be led by prominent organizations such as the Marine Product Export Development Authority (MPEDA), which will discuss export promotion opportunities, and the Indian Council of Agricultural Research (ICAR), which will outline a roadmap for advancing mariculture in the islands. The Bay of Bengal Programme Inter-Governmental Organisation (BoBP-IGO) will also contribute insights on the development of tuna fisheries and related value chains. Launch of Tuna Cluster Initiative The event will also mark the launch of a video highlighting the development of a Tuna Cluster in the Andaman & Nicobar Islands, a significant step towards enhancing the region’s economic potential through cluster-based approaches and end-to-end value chains. India’s Fisheries Sector: A Key Growth Driver The fisheries sector is recognized as the “Sunrise Sector” of India’s economy, playing a crucial role in enhancing national income, exports, and food security, particularly benefiting rural areas. Over the past decade, the Government of India has invested heavily in this sector through flagship initiatives like PMMSY, FIDF, and the Blue Revolution, with an unprecedented investment of Rs 38,572 crore since 2015. India’s seafood exports have more than doubled since FY 2013-14, reaching 17.81 lakh tons worth Rs 60,523.89 crore during 2023-24, despite the challenges posed by the pandemic. Indian seafood is exported to 129 countries, with the USA being the largest overseas market. The sector has witnessed an average annual growth rate of 14% over the last 10 years. Future Goals and Employment Opportunities The Department of Fisheries aims to enhance fisheries exports to Rs 1 lakh crores by 2024-25. This initiative not only targets increased exports but also seeks to create significant employment opportunities in the Andaman & Nicobar Islands. Key resources like tuna and seaweed are prioritized for development, with a focus on sustainable growth and maximizing the region’s economic potential. The Investors’ Meet 2024 is poised to be a pivotal event in unlocking the vast potential of the fisheries and aquaculture sector in the Andaman & Nicobar Islands, offering a golden opportunity for investors to tap into this burgeoning sector.

Read More
editor
Conservation Focus Story Sustainability
0
25

Goa’s Marine Crisis: Dolphin Deaths Spark Conservation Emergency

The idyllic beaches of Goa, once a haven for marine life, are now witnessing a disturbing trend of dolphin deaths and injuries, prompting urgent calls for investigation and action from wildlife conservationists. The alarming pattern, observed along Goa’s coastline, has raised concerns about the ecological health of the region. The crisis has deepened over recent months, with multiple incidents reported across the state, continuing a troubling trend from previous years. Wildlife conservationists emphasize the stark disparity in attention given to marine casualties compared to terrestrial counterparts. “Had it been tigers, the attention from authorities would have been vastly different,” remarks a conservationist. While the exact causes behind these marine deaths remain under investigation, experts suspect a complex interplay of factors. Water pollution, entanglement in fishing nets and natural causes are thought to contribute to the rising death toll. Climate impacts, including rising ocean temperatures and changing sea patterns, are also considered a potential factor. The Centre for Marine Living Resources & Ecology (CMLRE) has initiated inquiries into these recurring deaths as part of their national survey. The monthly death toll of Finless porpoises, a Schedule I protected species under Indian wildlife laws, is particularly concerning. This trend is not limited to dolphins, as large numbers of sea birds have been found injured along Goa’s coastline and Olive Ridley turtles regularly fall victim to trawler bycatch. The devastating impact of human activity on marine life is evident. Plastic waste, including items like sanitary pads and branded packaging, has been found inside sea turtles. Nearly 1kg of fishing net was discovered in the stomach of an Indian Ocean Humpback dolphin at Arossim Beach, South Goa. Overfishing contributes to the decline of marine species, with a significant portion of the catch directed toward fish meal production for poultry, farmed fish and fertilizer. Conservation efforts have been underway since 2017, with the establishment of a marine stranding network through collaboration between the Goa Forest Department and various organizations. Despite progress, experts argue that current efforts fall short due to the lack of comprehensive data, which hampers conservation strategies. Wildlife activists are concerned about the forest department’s reluctance to share post-mortem data and other crucial information. A multi-faceted approach is necessary to address the crisis. Capacity building would enable participatory conservation management with stakeholders. Long-term monitoring is required to track local populations of endangered Schedule I marine wildlife. Promoting sustainable fishing practices and reducing plastic waste through effective disposal systems are crucial. Addressing climate change impacts on marine ecosystems is also essential. The urgency to save Goa’s dwindling dolphin populations cannot be overstated. Wildlife activists emphasize the need for immediate investigation, effective conservation measures, public awareness and government support. Collective action is necessary to mitigate human impact and preserve the state’s rich marine biodiversity.

Read More
editor
Aquaculture Fisheries News Sustainability Technology
0
34

Drone Technology Takes Flight: A New Era for India’s Fisheries Sector

Union Minister of State Shri George Kurian inaugurates workshop on Application and Demonstration of Drone Technology in Fisheries and AquacultureDrone technology in the fisheries sector is going to be a game changer- Union Minister Shri George Kurian Centre to develop 100 climate resilient coastal villages to protect fisher livelihood said the Minister The Government of India is always at the fore front in transforming the fisheries sector in a holistic way and bringing about an economic upturn and prosperity through the Blue Revolution in the country. Over the last decade, the Department of Fisheries, MoFAH&D, Government of India has announced cumulative investments to the tune of Rs 38,572 crore through various schemes. Since its inception, the Pradhan Mantri Matsya Sampada Yojana (PMMSY) has focused on promoting sustainable, economically viable, and inclusive growth in the fisheries and aquaculture sector. Key initiatives include modern aquaculture practices, satellite-based monitoring, and recent exploration of drone technology for fish transport, surveillance, and environmental monitoring.  In this context, drones offer a range of applications to numerous challenges in the sector. The key critical areas of intervention are water sampling, identification of diseases and fish feed management. The scope also extends to managing aquaculture farms, monitoring fish marketing, assessing damage to fisheries infrastructure and rescue operations during natural disasters. This includes other key activities such as precision fishing and stock assessment. Underwater drones, in addition, can monitor fish behaviour in their natural habitats as well as signs of distress such as erratic swimming patterns. The Department of Fisheries, MoFAH&D, organized a Workshop on Application and Demonstration of Drone Technology in Fisheries and Aquaculture on 8th November 2024 at ICAR- Central Marine Fisheries Research Institute (CMFRI), Kochi, Kerala. The event took place in the gracious presence of Shri George Kurian, Hon’ble Minister of State, Department of Fisheries and Ministry of Minority Affairs along with Dignitaries, Scientists, State fisheries officials, Fishermen and fisherwomen. Dr Grinson George, Director of CMFRI, welcomed the gathering and set the context for the one-day workshop. This was followed by opening remarks from  Dr B K Behera, Chief Executive, NFDB, who highlighted various schemes and initiatives, encouraging stakeholders in the fisheries sector to take advantage of these benefits. During the Inaugural address Shri George Kurian, Hon’ble Minister of State, Department of Fisheries and Ministry of Minority Affairs highlighted the initiatives taken by the department of Fisheries and the remarkable growth of India’s fisheries sector, propelled by strategic investments and progressive policies over the past decade. The Hon’ble Union Minister of State announced the development of 100 climate-resilient coastal fishermen villages under the Pradhan Mantri Matsya Sampada Yojana (PMMSY), with ₹2 crore allocated per village to enhance infrastructure and promote sustainable livelihoods. This initiative aims to improve resilience against climate change by providing facilities like fish drying yards, processing centers, and emergency rescue facilities, while also supporting climate-resilient practices such as seaweed cultivation and green fuel initiatives. The Minister highlighted the role of drone technology in monitoring aquaculture farms and fisheries infrastructure, especially during disasters, and revealed plans to equip one lakh fishing vessels with transponders for real-time tracking, weather alerts, and communication, with an investment of ₹364 crores. Ms. Neetu Kumari Prasad, Joint Secretary (Marine), addressed the gathering, highlighting the benefits of the flagship scheme Pradhan Mantri Matsya Sampada Yojna and reaffirming the Department of Fisheries’ commitment to scaling up the fisheries sector. It was emphasized that the Department of Fisheries has consistently championed the infusion of technology to drive sustainable development in the fisheries and aquaculture sectors. Through various schemes, it has introduced advancements to boost fish production, improve resource management, and increase operational efficiency. In line with these initiatives the department in collaboration with NFDB, has organized drone demonstrations at key locations, including the Central Inland Fisheries Research Institute (CIFRI) in Barrackpore, Kolkata, and Gyan Bhawan in Patna, Bihar. Dr. V V Suresh, Head Mariculture division and startup EyeROV Technologies pvt. Ltd. presented on the application of drone technology and its challenges in the fisheries sector.  Following this the distribution of “Cadalmin BSF PRO” a specially formulated fish feed designed to support sustainable aquaculture practices to farmers was also held. In addition, a brochure, titled “EG Sailas Centre of Excellence and Innovation,” was launched, highlighting key advancements and contributions to the field of marine fish microbiome and nutrigenomics. Furthermore, the session also marked the official launch of the Marine Biological Association of India (MBAI) National Symposium, an event aimed at fostering collaboration and knowledge-sharing among marine science professionals across the nation. The department also organized a one-day interactive workshop on 8th November 2024 at the Central Institute of Fisheries Nautical and Engineering Training (CIFNET) in Kochi, with technical support from D.G. Shipping, Ministry of Shipping, Ports, and Waterways, Government of India, to discuss issues related to the registration, survey, and certification of fishing vessels. Experts from the Indian Registry of Shipping (IRS) and the Shipping Corporation of India (SCI) also attended the workshop. The Workshop on Application and Demonstration of Drone Technology provided a unique platform to showcase innovative technological advancements, emphasizing the transformative role of drone technology in the fisheries sector to maximize its potential. Many fishermen, fisherwomen, scientists, entrepreneurs, students, and other delegates participated in the event.

Read More
editor
Aquaculture Business Fisheries Focus Story International News
0
23

Potential Shifts in Seafood Exports: Indian Industry Eyes Opportunities Amidst US Market Changes Post-Trump Victory

In the wake of Donald Trump’s recent electoral victory, Indian marine exporters are optimistic about a potential resurgence in seafood exports to the United States. They believe that a revitalized US economy could lead to increased consumer demand, particularly for shrimp products. Currently, the US seafood market is experiencing sluggishness, characterized by surplus stocks in supermarkets due to an economic slowdown. Shaji Baby John, Managing Director and CEO of Kings Infra Ventures, emphasized the significance of the US as a primary market for seafood, noting that India’s shrimp exports reached an impressive $2.9 billion last year, accounting for 40% of the nation’s total seafood shipments. He pointed out that while South American countries, particularly Ecuador, have been flooding the US market with seafood, a decline in shrimp production from Ecuador could create further opportunities for Indian exporters to penetrate the US market. Conversely, Pawan Kumar G., the National President of the Seafood Exporters Association of India, expressed caution regarding the potential implications of Trump’s presidency. He highlighted Trump’s inclination towards imposing tariffs on seafood imports, which could pose challenges for the industry. “It is premature to predict the exact impact on our sector,” Kumar stated, acknowledging both the opportunities and uncertainties that lie ahead. He also noted that during his campaign, Trump hinted at the possibility of increased tariffs on imports from various countries. Despite these concerns, Kumar remains hopeful, suggesting that Trump’s relationship with India may lead to more rational trade policies. The introduction of Vannaemi shrimp in India in 2010 marked a significant turning point, with the US emerging as the major market for Indian shrimp until 2021. Exports surged from  KaTeX can only parse string typed expression1.2billionin2013−14to2.6 billion in 2021-22. However, in recent years, Ecuadorian shrimp has gained traction in the US market due to its higher production rates, allowing for competitive pricing and reduced shipping costs thanks to geographical proximity. Additionally, logistical challenges stemming from the Red Sea crisis have further complicated seafood shipments from India to the US. As the Indian seafood industry navigates these evolving dynamics, stakeholders remain vigilant, weighing the potential benefits against the uncertainties of the new political landscape.

Read More
editor
Business Export Fisheries International
0
35

India’s Frozen Shrimp Exports Under Threat: US CVD Imposes Significant Challenges

The Indian seafood industry, particularly the frozen shrimp export sector, is facing a significant hurdle as the United States has imposed hefty countervailing duties (CVD) on imports from India. This development threatens to disrupt the lucrative trade relationship between the two countries and has the potential to impact livelihoods of thousands of Indian fish farmers and exporters. The US CVD: A Blow to Indian Shrimp Exports The US Department of Commerce (DOC) has initiated a countervailing duty investigation into Indian shrimp imports, citing unfair trade practices and government subsidies provided to the Indian aquaculture sector. The CVD, imposed in 2024, ranges from 7.02% to 11.03% on imports from various Indian companies. This substantial tariff increase has raised concerns within the Indian seafood industry about the future viability of exports to the US market, which accounts for a significant portion of India’s seafood exports. Impact on Indian Seafood Industry The CVD has far-reaching consequences for India’s seafood sector: Negotiations and Challenges India has expressed its displeasure over the CVD, arguing that it is unjustified and based on flawed calculations. The government is actively engaging in negotiations with the US government to resolve the issue and seek a favorable outcome for the Indian seafood industry. However, several challenges remain: Industry Response and Mitigation Strategies The Indian seafood industry is actively seeking ways to mitigate the impact of the CVD: Long-Term Implications The CVD is a significant setback for India’s seafood industry, but it also serves as a reminder of the need to focus on long-term sustainability and competitiveness. Investing in research and development, adopting sustainable practices, and diversifying export markets are essential to build resilience against future trade challenges. The Indian government and industry stakeholders must work together to find solutions to the CVD issue and ensure the long-term viability of the Indian seafood sector. This includes advocating for fair trade practices, promoting sustainable aquaculture, and strengthening the competitiveness of Indian products in the global market. Beyond the Trade Dispute The CVD issue highlights the broader challenges facing the Indian seafood sector. It underscores the need for: Conclusion The US CVD on Indian shrimp exports is a significant challenge, but it also presents an opportunity for the Indian seafood industry to adapt, innovate, and become more resilient. By focusing on sustainable practices, diversification, and technology adoption, India can emerge stronger from this trade dispute and solidify its position as a major player in the global seafood market.

Read More
editor
Aquaculture Business Export Farmer Fisheries Seaweed Trade
0
33

Revitalizing India’s Seaweed Industry: New Guidelines for Importing Live Seaweeds

In a pivotal move to enhance the development of seaweed enterprises, the Ministry of Fisheries, Animal Husbandry and Dairying has notified the ‘Guidelines for Import of Live Seaweeds into India’. This initiative is designed to bolster the economic prospects of coastal villages, ensure livelihood sustainability for the fisher community, and uphold environmental protection and biosecurity. Addressing Key Challenges in Seaweed Production Currently, India’s seaweed industry faces significant challenges, including the limited availability of high-quality seed materials and the degradation of seed quality, particularly for the widely farmed Kappaphycus species. These new guidelines aim to address these issues by facilitating the import of high-quality seed materials or germplasm from abroad, enabling domestic multiplication and ensuring farmers have access to quality seed stock[1][3][5]. Pradhan Mantri Matsya Sampada Yojana (PMMSY) The PMMSY, a flagship scheme of the Government of India, is at the forefront of this initiative. The scheme aims to revolutionize the seaweed sector by increasing India’s seaweed production to over 1.12 million tonnes by 2025. Key initiatives under PMMSY include the establishment of a Multipurpose Seaweed Park in Tamil Nadu, with a total investment of Rs 127.7 crore. This park is expected to significantly strengthen seaweed farming activities in the region[1][2][5]. Comprehensive Regulatory Framework The guidelines outline a clear and transparent process for importing live seaweed, ensuring strict adherence to biosecurity and environmental protection. Here are the key components of the regulatory framework: Promoting Sustainable and Responsible Cultivation The guidelines are designed to encourage environmentally sustainable and economically beneficial seaweed cultivation. The import of new seaweed strains will stimulate research and development, leading to enhanced production of various seaweed species, including red, brown, and green algae. This will pave the way for the development of downstream seaweed processing and value addition enterprises, creating additional livelihood opportunities in coastal villages and boosting the country’s exports[1][2][5]. Potential and Impact India has the potential to produce around 9.7 million tonnes of seaweed per year, as identified by the Central Marine Fisheries Research Institute (CMFRI). However, current production stands at a mere 34,000 tonnes, which is only 0.01% of global production. These new guidelines aim to bridge this gap by promoting domestic seaweed cultivation and reducing reliance on imports[4][5]. In conclusion, the ‘Guidelines for Import of Live Seaweeds into India’ mark a significant step towards revitalizing the seaweed industry in India. By ensuring the safe and responsible importation of high-quality seed materials, these guidelines will contribute to the socio-economic upliftment of coastal communities, enhance environmental sustainability, and drive economic growth in the sector.

Read More
editor
Aquaculture Fisheries Sustainability Technology
0
25

ICAR-CIFT Earns Prestige as Newly Declared Centre of Excellence in Food Authenticity

The Indian Council of Agricultural Research-Central Institute of Fisheries Technology (ICAR-CIFT) has been officially recognized as a Centre of Excellence in Food Authenticity. This notable designation was announced during a national workshop titled “Food Authenticity and Traceability using Omics Techniques,” held at the institute as part of the ICAR-NASF Foodomics Project in partnership with Waters India Pvt. Ltd. Advancing Food Authentication and Quality Assurance This achievement highlights a significant advancement in food authentication research and quality assurance within India, particularly focusing on the fisheries sector. The declaration came as part of an event that brought together eminent scientists and industry experts to push the boundaries of food safety and traceability technologies. Strategic Partnerships to Enhance Food Safety During the event, a Memorandum of Understanding (MoU) was exchanged between Dr. George Ninan, Director of ICAR-CIFT, and T. Anil Kumar, President of Waters India Pvt. Ltd. This MoU cements a strategic partnership aimed at advancing food authentication technologies across India. Such collaborations are pivotal in enhancing India’s capabilities in ensuring the integrity of food products through cutting-edge scientific tools and international cooperation. Keynote Insights and Technical Sessions The workshop featured a keynote address by Dr. L.N. Murthy, Senior Executive Director of the National Fisheries Development Board (NFDB), Hyderabad, who emphasized the critical need for national traceability systems for fish and fishery products. The technical sessions were led by Shri Shrinivas B. Joshi, Associate Director of the Food & Environment Market at Waters India Pvt. Ltd., and Dr. Niladri Sekhar Chatterjee, Senior Scientist at ICAR-CIFT. These sessions highlighted innovative approaches and technologies aimed at enhancing food traceability and safety standards. Impact and Future Prospects ICAR-CIFT’s recognition as a Centre of Excellence in Food Authenticity is set to significantly boost research and development in this vital area. It positions India as a leader in the global effort to enhance food safety and traceability, promising to bring forth new technologies that ensure the integrity and authenticity of food products. In conclusion, the establishment of the Centre of Excellence in Food Authenticity at ICAR-CIFT represents a major leap forward for India’s fisheries sector and its overall food safety and traceability endeavors. This initiative not only enhances India’s standing in global food safety but also assures consumers about the quality and authenticity of their food.

Read More
editor
Aquaculture Mudcrab Research
0
18

ICAR-CIBA Revolutionizes Mud Crab Aquaculture with Breakthrough Farming Success

The ICAR-Central Institute of Brackishwater Aquaculture (CIBA) has achieved a groundbreaking milestone in sustainable aquaculture by successfully cultivating mud crabs in earthen ponds. This innovative approach not only addresses the rising demand for seafood but also promotes ecological balance and economic sustainability in coastal areas. Rapid Growth and High Yield The mud crab aquaculture programme at ICAR-CIBA has demonstrated remarkable efficiency, growing hatchery-reared mud crab instars from a mere 2 grams to marketable sizes exceeding 500 grams in just 165 days. The programme recorded a total production of 70 kilograms, with an impressive average body weight of 720 grams per crab. The survival rate of 45% is particularly noteworthy, given the challenges associated with mud crab farming, and was achieved with a rearing density of 300 crabs per acre. Diversification and Sustainability Dr. Kuldeep Kumar Lal, Director of ICAR-CIBA, emphasized the significance of mud crab farming in diversifying brackishwater aquaculture. This initiative ensures the sector’s resilience and provides sustainable livelihoods to coastal communities. “Mud crab farming is not only an answer to future demand but also an essential component in maintaining the ecological balance and economic stability of coastal communities,” Dr. Lal noted. Community Involvement and Training The success of this programme was demonstrated under the Scheduled Caste Special Programme in Pattipulam village, Chengalpattu district, Tamil Nadu. Local coastal communities were actively involved in the project, gaining hands-on experience through a harvest-cum-field day event organized at the site. This event showcased the profitability of mud crab farming and its potential as a lucrative livelihood option for these communities. Enhancing Food Security and Economic Opportunities As global demand for seafood continues to rise, initiatives like ICAR-CIBA’s mud crab aquaculture programme are crucial for securing food and economic opportunities for future generations. This achievement underscores the success of sustainable aquaculture practices and presents a viable opportunity for coastal communities to enhance their income through mud crab farming. NABL Accreditation and Research Excellence In addition to its achievements in mud crab aquaculture, ICAR-CIBA has also been recognized for its research excellence. The institute has received NABL accreditation for its National Referral Laboratory for Brackishwater Aquatic Animal Diseases (NRLBAAD) as per the standard ISO/IEC 17025:2017, further solidifying its position as a leader in brackishwater aquaculture research and development. In conclusion, ICAR-CIBA’s breakthrough in sustainable mud crab aquaculture marks a significant step forward in promoting environmentally friendly and economically viable aquaculture practices in India. This initiative not only supports the livelihoods of coastal communities but also contributes to the country’s food security and trade revenues, positioning India at the forefront of global aquaculture innovation.

Read More
editor
Aquaculture Fisheries Shrimp
0
22

49th Edition of India International Aquaculture Expo (IIAE) 2024: A Platform for Aqua Farmers and Exporters to Explore Emerging Technologies and Opportunities

The 49th edition of the India International Aquaculture Expo (IIAE) 2024 was inaugurated by Undi MLA K. Raghurama Krishna Raju and District Collector Ch. Nagarani at Undi in West Godavari district. The two-day expo brought together aqua farmers, aqua exporters, and other stakeholders to explore the latest technologies, policies, and challenges in the aquaculture sector. Addressing the Stakeholders Addressing the gathering, Mr. Krishna Raju appealed to the progressive aqua farmers to explore the technologies in cultivation, harvesting, and post-harvesting being displayed at the expo. He emphasized the importance of adopting modern technologies to increase productivity and improve the quality of aqua products. Exhibition and Display The expo featured an exhibition and display of various technologies, products, and services related to aquaculture. The stalls showcased the latest innovations in aqua feed, aqua health, and aqua processing. The expo also provided a platform for aqua farmers and exporters to interact with experts and learn about new policies and regulations in the sector. Emerging Technologies Some of the emerging technologies displayed at the expo included: Challenges and Opportunities The expo also provided a platform for stakeholders to discuss the challenges and opportunities in the aquaculture sector. Some of the challenges discussed included: Speakers and Panelists The expo featured a range of speakers and panelists, including: Benefits for Aqua Farmers and Exporters The expo provided a range of benefits for aqua farmers and exporters, including: Conclusion The 49th edition of the India International Aquaculture Expo (IIAE) 2024 was a success, providing a platform for aqua farmers and exporters to explore emerging technologies and opportunities in the sector. The expo highlighted the importance of adopting modern technologies to increase productivity and improve the quality of aqua products. It also provided a platform for stakeholders to discuss the challenges and opportunities in the sector and to network with other stakeholders.

Read More
editor
Export Fisheries International Shrimp
0
23

US Import Ban on Indian Wild-Caught Shrimp: A $500 Million Loss and Its Impact on Fishermen’s Livelihoods

The United States has imposed a ban on the import of wild-caught shrimp from India, citing concerns over the use of turtle excluder devices (TEDs) in Indian fishing vessels. This move has resulted in a significant loss of approximately $500 million for the Indian seafood industry, with far-reaching consequences for the livelihoods of thousands of fishermen and their families. Background on the US Import Ban The US National Oceanic and Atmospheric Administration (NOAA) has been monitoring the use of TEDs in Indian fishing vessels for some time. TEDs are devices that allow turtles to escape from fishing nets, thereby reducing the bycatch of sea turtles. The US has strict regulations regarding the use of TEDs in fishing vessels, and any country that fails to comply with these regulations can face import bans. Impact on the Indian Seafood Industry The US import ban on Indian wild-caught shrimp has had a devastating impact on the Indian seafood industry. The US is one of the largest markets for Indian seafood, and the ban has resulted in a significant loss of revenue for Indian exporters. According to industry estimates, the ban has resulted in a loss of approximately $500 million, which is a significant blow to the Indian seafood industry. Impact on Fishermen’s Livelihoods The US import ban on Indian wild-caught shrimp has also had a significant impact on the livelihoods of thousands of fishermen and their families. Many fishermen in India rely on the export of wild-caught shrimp to the US as a major source of income. The ban has resulted in a significant reduction in their income, making it difficult for them to support their families. Efforts to Address the Issue The Indian government and the seafood industry have been working together to address the issue of the US import ban on Indian wild-caught shrimp. The government has been in talks with the US authorities to resolve the issue, and the industry has been working to implement measures to ensure compliance with US regulations. Implementation of TEDs One of the key measures being implemented by the Indian seafood industry is the use of TEDs in fishing vessels. The industry has been working to ensure that all fishing vessels are equipped with TEDs, which will help to reduce the bycatch of sea turtles and comply with US regulations. Certification Programs The Indian seafood industry has also been working to implement certification programs that ensure compliance with US regulations. These programs include the Marine Stewardship Council (MSC) certification, which is a globally recognized standard for sustainable fishing practices. Impact on the Environment The US import ban on Indian wild-caught shrimp has also had an impact on the environment. The ban has resulted in a reduction in the amount of wild-caught shrimp being exported to the US, which has helped to reduce the pressure on wild shrimp populations. However, the ban has also resulted in an increase in the amount of farmed shrimp being exported to the US, which has raised concerns about the environmental impact of shrimp farming. Conclusion The US import ban on Indian wild-caught shrimp has had a significant impact on the Indian seafood industry and the livelihoods of thousands of fishermen and their families. The industry has been working to address the issue by implementing measures to ensure compliance with US regulations, including the use of TEDs and certification programs. However, the ban has also raised concerns about the environmental impact of shrimp farming, and the industry must work to ensure that its practices are sustainable and environmentally friendly. Future Outlook The future outlook for the Indian seafood industry is uncertain, and the industry must work to address the challenges posed by the US import ban on Indian wild-caught shrimp. The industry must continue to work to ensure compliance with US regulations, and it must also work to address the environmental concerns raised by the ban. With the right measures in place, the industry can recover from the ban and continue to thrive in the global market. Recommendations Based on the analysis, the following recommendations are made: By implementing these measures, the Indian seafood industry can recover from the US import ban on Indian wild-caught shrimp and continue to thrive in the global market.

Read More
editor
Export Fisheries
0
63

Goa’s Seafood Exports Decline by 14% Amid Global Challenges and Shifting Consumer Preferences

Panaji: Goa’s seafood exports, which had been on a steady rise over the past five years, faced a significant setback in the 2023-24 fiscal year, with a 14% decline in export volumes. After reaching a peak of 63,333 tonnes worth ₹1,00,761 lakh in 2022-23, the export figures dropped to 55,167 tonnes, generating ₹93,420 lakh in 2023-24, according to data from the Marine Products Export Development Authority (MPEDA). Experts attribute this decline to a combination of global pressures, including fluctuating market demands, regulatory shifts, and the lasting impact of the COVID-19 pandemic on consumer preferences. “The global seafood market is undergoing rapid changes, especially in the post-pandemic era, where consumer preferences have shifted significantly,” noted Prof. Anantha Sreepada, a retired senior principal scientist at the National Institute of Oceanography (NIO). He pointed out that these changing preferences have led to a reduction in the minimum quantities of certain seafood items in the overall export basket. Sreepada emphasized the need for the industry to adapt to these evolving consumer demands to bridge the 14% export gap. “To sustain and grow, the industry must cater to the new consumer expectations in the global seafood market,” he added. The decline in exports has also been linked to geopolitical factors. Maulana Ibrahim, president of the Seafood Exporters Association of India (Goa region), highlighted the impact of ongoing global conflicts and financial instability. “Despite a strong landing of cephalopods last year, the export market struggled due to the wars in Gaza and Ukraine, as well as broader economic challenges,” Ibrahim explained. Cephalopods, including cuttlefish and squids, are significant export items from Goa. Cuttlefish production saw steady growth, increasing from 1,846 tonnes in 2022 to 2,252 tonnes in 2023. However, frozen cuttlefish exports fell dramatically, from 1,265 tonnes worth ₹3,813 lakh in 2018-19 to just 600 tonnes valued at ₹192 lakh in 2023-24. Similarly, frozen squid exports, while showing an increase in quantity—from 5,746 tonnes worth ₹12,216 lakh in 2018-19 to 18,399 tonnes worth ₹7,852 lakh in 2023-24—did not translate into higher profits. “The price of squids dropped by 35% this year, significantly impacting our profits,” Ibrahim noted. He also mentioned that European countries, traditionally major buyers, have reduced their cephalopod imports by nearly half since the pandemic, further straining the industry. The seafood sector in Goa is heavily labor-intensive, and Ibrahim called for export incentives, subsidies, and policy reforms to boost growth and competitiveness in the global market. Despite these challenges, certain categories within the seafood industry have shown resilience. The frozen fresh fish segment, for instance, experienced substantial growth, expanding from 24,289 tonnes valued at ₹33,843 lakh in 2018-19 to 60,949 tonnes worth ₹40,487 lakh in 2023-24. Frozen shrimp exports also saw impressive growth, with quantities jumping from 1,908 tonnes valued at ₹7,392 lakh in 2018-19 to 19,015 tonnes worth ₹5,035 lakh in 2022-23. As the industry grapples with these global pressures, the focus on adapting to changing consumer preferences and navigating geopolitical challenges will be crucial for the future of Goa’s seafood exports.

Read More
editor
Aquaculture Conservation Fish Feed Fisheries
0
63

Experts and Fishermen Advocate for Sustainable Practices Following Lift of Fishmeal Factory Moratorium

In the wake of the Marine Products Export Development Authority’s (MPEDA) decision to lift the moratorium on new fishmeal and fish oil factories, fishermen and marine experts have raised concerns about sustainability in India’s $7.38 billion marine food industry. The Indian Marine Ingredients Association (IMIA) welcomed this move, which they believe will revitalize the fishmeal industry, but stakeholders are urging stricter adherence to sustainable fishing practices. The moratorium, which had been in place since December 2019, was intended to control the expansion of fishmeal and fish oil production units. Its removal has sparked a debate on the long-term impact on marine resources, particularly regarding juvenile fishing. Mohamed Dawood Sait, president of IMIA, expressed optimism about the lifting of the moratorium, stating that it would provide much-needed capacity expansion in the fishmeal sector. “This decision is crucial for ensuring a sustainable future for India’s fishing and aquaculture industries,” said Sait. He emphasized that sustainability is a key concern for the industry, noting that Indian fisheries have remained resilient over the past 150 years without any species being driven to extinction. However, marine scientists and fishermen’s representatives have voiced their apprehensions. Sunil Mohammed, a retired marine scientist from the Central Marine Fisheries Research Institute in Kochi, stressed the importance of sustainability. “Without sustainability, both the fishmeal factories and the aquaculture industry face an uncertain future,” he cautioned. Charles George, representing the independent fishermen’s union Swathanthra Matsya Thozhilali Aikya Vedi, echoed these sentiments. He acknowledged the government’s support for aquaculture but questioned the decision to lift the ban on new fishmeal units without ensuring strict enforcement of marine fishing regulations. “The move is questionable unless the government enforces the existing regulations rigorously,” George added. Sait responded to these concerns by affirming the industry’s commitment to sustainability. He highlighted that the primary raw material for fishmeal production—small pelagic fish—is abundant in Indian waters, low in value, and less preferred for human consumption. He also pointed out the industry’s focus on waste management and resource conservation, converting by-products into valuable protein sources for aquaculture, poultry, and livestock. India’s fishmeal industry, the third-largest exporter globally, plays a significant role in the economy. However, experts insist that stricter implementation of fishing regulations is essential to protect marine resources. These regulations include the use of square mesh cod ends in trawl nets and adherence to minimum legal size requirements for 54 species of commercially important fish. As the debate continues, the call for balancing industrial growth with sustainable practices remains at the forefront of discussions within the marine food industry.

Read More
editor
Aquaculture Export Fisheries International Shrimp
0
20

Kerala’s Shrimp Export Crisis Deepens as Japan Cuts Imports: Implications for the Industry and Farmers

The shrimp export crisis in Kerala has reached a critical juncture following Japan’s recent decision to significantly reduce its imports of Indian shrimp. This development poses serious challenges for the state’s aquaculture sector, especially in the context of its dependence on the Japanese market, which has historically been a key destination for Kerala’s shrimp exports. The Importance of Japan as a Market Japan has long been one of the largest importers of seafood from India, with shrimp being a crucial component of its seafood consumption. The Japanese market is known for its high standards regarding quality and safety, making it both lucrative and challenging for exporters. In recent years, Indian shrimp, particularly from Kerala, has been favored due to its quality and flavor. However, the recent market dynamics have shifted dramatically. Reports indicate that Japan has begun sourcing shrimp from other countries like Ecuador and Vietnam, leading to a decline in demand for Indian shrimp. This shift is primarily attributed to increasing concerns over food safety and quality control issues associated with imports from India. Factors Contributing to the Export Crisis Several factors have led to the current crisis in Kerala’s shrimp export sector: Economic Implications for Kerala’s Farmers The impact of reduced exports to Japan is dire for Kerala’s shrimp farmers and the broader fishing community: Government and Industry Response In light of the crisis, both the Kerala government and industry stakeholders are taking steps to address the situation: Looking Ahead: The Future of Kerala’s Shrimp Industry While the immediate outlook for Kerala’s shrimp export industry appears challenging, there are opportunities for recovery and growth. By focusing on improving quality standards, embracing sustainable aquaculture practices, and diversifying export markets, the industry can adapt to the evolving global landscape. Furthermore, consumers worldwide are increasingly prioritizing sustainability and ethical sourcing, which Indian shrimp farmers can leverage by implementing responsible farming practices and obtaining relevant certifications. Conclusion The crisis facing Kerala’s shrimp exports to Japan underscores the fragility of the global seafood market and the need for adaptability in the face of shifting consumer preferences and regulatory environments. The actions taken by the government and industry stakeholders will be crucial in navigating these challenges and ensuring the long-term viability of the shrimp farming sector in Kerala. As the industry seeks to recover from this setback, its resilience and commitment to quality and sustainability will determine its future success in the competitive international seafood market.

Read More
editor
Aquaculture Fisheries News
0
22

Andhra Pradesh Leads the Way in Fishing and Aquaculture: A Deep Dive into India’s Aqua Sector

Andhra Pradesh has emerged as a dominant force in India’s fishing and aquaculture sector, accounting for an impressive 41% share of the country’s total fish production. This remarkable achievement not only underscores the state’s strategic geographic advantages but also highlights the concerted efforts of local authorities, farmers, and businesses in promoting sustainable aquaculture practices. A Thriving Industry The aquaculture industry in Andhra Pradesh has witnessed exponential growth over the past few decades, transforming the state into the leading producer of seafood in India. The state’s coastal line, which stretches over 972 kilometers along the Bay of Bengal, provides a conducive environment for marine and brackishwater aquaculture. With ideal climatic conditions and abundant water resources, Andhra Pradesh has capitalized on its geographic advantages to boost its aquaculture output significantly. Key Contributions to Fish Production As per the latest statistics, Andhra Pradesh produces approximately 3.6 million metric tons of fish annually, making it the largest fish-producing state in the country. Key species cultivated include: Government Initiatives and Support The Andhra Pradesh government has implemented several policies and schemes aimed at promoting the aquaculture sector. The Pradhan Mantri Matsya Sampada Yojana (PMMSY) is a flagship scheme that focuses on enhancing fish production, creating infrastructure, and ensuring sustainable practices. Key initiatives under the PMMSY include: Sustainable Practices and Certification With growing awareness around sustainability, Andhra Pradesh has also emphasized responsible aquaculture practices. The state’s farmers are increasingly adopting eco-friendly methods, such as Integrated Multi-Trophic Aquaculture (IMTA), which promotes biodiversity and enhances resource efficiency. Furthermore, initiatives like the Aquaculture Stewardship Council (ASC) certification are being embraced to ensure that aquaculture practices meet global sustainability standards. This not only helps in maintaining environmental balance but also enhances market access for farmers looking to export their products. Economic Impact and Livelihood Generation The fishing and aquaculture sector in Andhra Pradesh plays a pivotal role in the state’s economy. It not only generates substantial revenue but also provides livelihoods to millions of people, particularly in rural areas. Fish farming has become an essential source of income for many families, reducing poverty and improving the standard of living. The aquaculture industry has also led to the development of ancillary sectors, including feed manufacturing, processing, and logistics, creating additional employment opportunities. Challenges Ahead Despite its successes, the aquaculture sector in Andhra Pradesh faces several challenges: Looking Ahead: The Future of Aquaculture in Andhra Pradesh As Andhra Pradesh continues to lead India in fishing and aquaculture, the focus must remain on sustainable development and innovation. Embracing new technologies—such as artificial intelligence for monitoring fish health and automated feeding systems—will enhance productivity and efficiency. Moreover, fostering partnerships between the government, research institutions, and the private sector will be essential in addressing challenges and driving growth in this vital sector. In conclusion, Andhra Pradesh’s significant contribution to India’s fishing and aquaculture industry reflects a successful blend of natural resources, government support, and the resilience of local communities. With continued focus on sustainability and innovation, the state is well-positioned to maintain its leadership role and further bolster India’s aquaculture sector in the years to come.

Read More
editor
Business Data Focus Story Research Trade Value-added Seafood
0
107

Canned Sardines: A Surprisingly Lucrative Bite-Sized Business Boom

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), the global canned sardine market is expected to surpass a value of US$ 8 billion in 2024 and is projected to reach a staggering US$ 16.8 billion by 2034. That’s a growth rate of a healthy 7.50% CAGR, driven by several key factors. Fueling the Fire: Health, Convenience, and Sustainability Consumers are increasingly health-conscious, and sardines are a nutritional powerhouse. Packed with vitamins, amino acids, and calcium, they offer a convenient and affordable way to add a dose of goodness to your diet. Long coastlines in countries like India, the United States, China, and Japan have always supported a strong culture of sardine consumption. But advancements in processing and preservation techniques are making canned sardines even more appealing. Export-oriented production by countries like Portugal and Spain is another growth factor. These established players are meeting the rising global demand, with support from a new wave of social media influencers promoting the “fish in a tin” trend. Sustainability is also playing a role. As eco-conscious consumers look for responsible choices, companies are embracing sustainable practices throughout the supply chain, from sourcing to packaging. This resonates with a growing segment of the market. Market Leaders and Top Trends The smoked sardine segment is the current champion, holding an expected market share of 58.60% in 2024. When it comes to distribution channels, hypermarkets and supermarkets reign supreme, with an anticipated share of 23.50% in 2024. Regionally, the canned sardine industry in India is poised for significant growth, with a projected CAGR of 7.30% through 2034. China and Japan are close behind, with growth estimates of 6.80% and 7.60% CAGR respectively. The United States and Germany are also expected to see steady growth. The competitive landscape is heating up as companies recognize the potential of this market. Key players are investing heavily to expand their consumer base and capitalize on this opportunity. The emergence of e-commerce platforms has further boosted sales, making it easier than ever for consumers to get their sardine fix. Some of the top names in the game include Wild Planet, Crown Prince, Santo Amaro, Brunswick, Matiz, MW Polar, and Ocean Price. These companies are not just focused on sales; they’re also committed to environmentally friendly fishing practices to meet the demands of sustainability-minded consumers. A Bite of Market Insights The FMI report delves deep into the various segments of the canned sardine market, providing valuable insights for potential investors and established players alike. Here’s a taste of what you’ll find: The Future is Fishy and Bright The canned sardine market is not just a passing fad; it’s a full-blown business boom driven by a confluence of factors. With health, convenience, and sustainability at the forefront, the future looks bright for this bite-sized wonder of the sea. Whether you’re a consumer looking for a nutritious and delicious snack or an entrepreneur seeking a lucrative opportunity, the canned sardine market is definitely worth diving into.

Read More