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
Fisheries Research Sustainability Technology
0
59

India Digitizes the Deep: Landmark National Census to Revolutionize Fisheries Management

In a foundational shift for one of its most vital traditional sectors, India has launched its first-ever fully-digitized National Marine Fisheries Census (MFC), a move set to create the most comprehensive and granular database of the nation’s coastal communities in history. The initiative, driven by the Ministry of Fisheries, Animal Husbandry, and Dairying, replaces decades of paper-based data collection with a modern, app-based approach, heralding a new era of evidence-based policymaking and targeted support for millions of fishers. This monumental undertaking, which kicked off on November 3rd and will run for 45 days, aims to survey an estimated 1.2 million fisher households across 4,000 coastal villages. The data, collected by the Central Marine Fisheries Research Institute (CMFRI), will capture a wealth of information, from the socio-economic status of families to detailed inventories of fishing vessels, gear types, and the infrastructure at harbors and processing facilities. Launching the census on October 31st, Union Minister of State for Fisheries, Shri George Kurian, hailed the project as a “paradigm shift.” He emphasized, “This edition marks a major technological shift as the first fully digitised data collection in the history of Indian fisheries.” A crucial component of this digital transformation is its direct link to government welfare programs. Minister Kurian announced that registration on the new National Fisheries Digital Platform, a key part of the census process, will be a mandatory requirement for fishers and fish farmers to access financial benefits under the Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY). “Only fishermen and fish farmers who are registered on the portal will be eligible to receive financial assistance from the Central government,” he stated, making the census not just a headcount, but a critical gateway to economic support. The new geo-referenced database is expected to provide an unprecedented level of detail, allowing for more precise and impactful government interventions. According to the ministry, this robust foundation of data will inform everything from infrastructure development to the targeted distribution of essential equipment. As part of this data-driven approach, the government plans to actively install vital scientific equipment, such as transponders for safety and two-way communication at sea, and Turtle Excluder Devices (TEDs) to promote sustainable fishing practices, all free of charge to fishermen. J. Jayasankar, a principal scientist at CMFRI, noted that while a digital process is inherently faster, the census period has been extended from the traditional 30 days to 45 days, concluding on December 18th. This extension, he explained to The New Indian Express, is a direct result of the vastly expanded scope of the survey, which now delves deeper into the socio-economic fabric of coastal populations to ensure future policies are accurately tailored to their needs. After extensive preparations, including pre-census workshops and coordination meetings with enumerators and state officials, this fifth edition of the Marine Fisheries Census is set to be the most ambitious yet. By leveraging technology to map its marine resources and the communities that depend on them, India is charting a course toward a more sustainable, prosperous, and secure future for its entire fisheries sector.

Read More
editor
Business Data Export International News
0
51

Seafood Surge: India Poised for a Golden Year as European Appetites and Global Trade Winds Turn Favourable

As the Hindu lunar year Samvat 2082 dawns, one of India’s leading integrated aquaculture and seafood enterprises, Kings Infra Ventures Limited, is painting a vibrant and optimistic picture for the nation’s seafood industry. A confluence of burgeoning European demand, promising resolutions to international trade disputes, and strong domestic expansion signals a period of significant growth and global recognition for Indian seafood. The European Wave: A Vote of Confidence The most significant tailwind propelling this optimism is a remarkable surge in demand from the European continent. Kings Infra reports a substantial and growing order book from a host of European nations, including Spain, Italy, Portugal, France, Greece, the Netherlands, and Belgium. This isn’t merely a transactional increase; it represents a profound acceptance of Indian seafood on the world stage, validating its quality, consistency, and adherence to rigorous international sustainability standards. Shaji Baby John, the Chairman and Managing Director of Kings Infra Ventures Ltd., articulated this sentiment perfectly, stating, “The wider acceptance of Indian seafood across Europe is a strong vote of confidence in the quality and consistency of our products.” This growing appetite is cementing India’s reputation not just as a supplier of raw materials, but as a producer of high-caliber, value-added seafood products that can compete in the world’s most discerning markets. Navigating Global Tides: From Washington to London The positive outlook extends to the complex world of international trade. There is mounting optimism regarding a potential resolution to the persistent tariff issues with the United States. A landmark development fuelling this hope is the approval of India’s proprietary Turtle Excluder Device (TED) design by the US Food and Drug Administration (USFDA). This technical approval is a crucial step towards addressing the core environmental concerns that have previously led to trade barriers, paving the way for smoother access to the lucrative American market. Simultaneously, new trade avenues are opening up. Impending trade agreements with the United Kingdom are expected to create preferential terms for Indian exporters, while demand from the Middle East continues its upward trajectory. Furthermore, improving trade relations with China are adding another layer of opportunity, creating a diversified and more resilient export market for Indian companies. Strengthening the Homefront: Domestic Expansion and Innovation While its global ambitions are soaring, Kings Infra is reinforcing its foundations at home. The company is executing a multi-pronged strategy to enhance its domestic capabilities. A key element is the expansion of its farming capacity, which has already grown by over 50% through an innovative farm leasing program. To support this increased production, Kings Infra is aggressively building out its infrastructure. Through its subsidiary, Kings Frigo, the company is developing a state-of-the-art cold chain and retail distribution network to deliver premium seafood across the country. Meanwhile, another venture, Bento, is catering to the modern urban consumer by introducing a range of convenient, value-added seafood meals. Looking ahead, the company is set to deepen its presence in the heart of India’s aquaculture region with a planned acquisition of a processing facility in Visakhapatnam, Andhra Pradesh. This strategic move will enhance its sourcing and processing capabilities, positioning it for even greater growth. The Government’s Anchor Support This private sector dynamism is being powerfully supported by a slew of proactive government initiatives. Kings Infra acknowledges the transformative impact of programs like the Pradhan Mantri Matsya Sampada Yojana (PMMSY) and the Fishery and Aquaculture Infrastructure Development Fund (FIDF). These schemes, along with subsidies from the Marine Products Export Development Authority (MPEDA), grants from the Ministry of Food Processing Industries, and assistance under various MSME schemes, are creating a fertile ecosystem for growth. They are promoting modern aquaculture practices, funding critical infrastructure development, and empowering producers to meet and exceed global quality standards. As Samvat 2082 unfolds, Kings Infra Ventures Ltd. stands at the forefront of an industry on the cusp of a major leap. Fuelled by innovation, international recognition, and robust domestic strategy, the company is ready to steer India’s seafood sector toward a sustainable, prosperous, and globally celebrated future.

Read More
editor
Business Export Fisheries Focus Story News
0
52

Riding the Wave: How Indian Seafood Conquered Global Markets Amidst US Sanctions

In a stunning display of economic resilience and strategic market diversification, India’s seafood export industry has navigated the turbulent waters of international trade sanctions, emerging stronger and more profitable. Despite a prohibitive 50% penalty tax imposed by the United States, the sector has charted a remarkable 6% growth, a testament to its dynamism and the successful cultivation of new global partnerships. Union Minister of State for Fisheries, George Kurian, announced the impressive figures, noting that the overall fisheries sector in India has achieved a growth rate of 9%, a figure surpassed only by the nation’s booming IT industry. This success story is not one of chance, but of a deliberate and well-executed pivot away from over-reliance on a single market. The American Headwind The primary challenge came from the United States, traditionally a major market for Indian seafood. The combination of a steep penalty tax and a ban on wild-caught shrimp, due to concerns over the incidental capture of sea turtles, led to a predictable 4.65% decline in exports to the US. This setback, however, became the catalyst for an industry-wide transformation, forcing exporters to look for new opportunities and build new relationships across the globe. Global Diversification: The Engine of Growth The industry’s response was swift and effective. By shifting focus, Indian seafood exporters unlocked unprecedented growth in alternative markets. The most spectacular success was seen in Vietnam, where exports skyrocketed by an astonishing 105%. This highlights a successful strategy of tapping into Southeast Asia’s burgeoning economies. The success was not limited to a single country. Exports to Thailand saw a robust increase of 35.32%, while shipments to the lucrative European Union market grew by 32.59%, demonstrating an ability to meet the bloc’s stringent quality and sustainability standards. Trade with neighboring China also saw a significant uptick of 14%. These efforts have translated into substantial financial gains. According to the Marine Products Export Development Authority (MPEDA), seafood exports in the first six months of the financial year (April to September) reached a value of 3,814.99 million USD. This marks a significant increase from the 3,409.24 million USD recorded during the same period in the previous year, underscoring the success of the diversification strategy. Government Support: Anchoring the Industry The Indian government has played a crucial role in backstopping the industry through targeted support and strategic initiatives. To address the US ban on wild-caught shrimp, a major program will be rolled out to equip 33,000 fishing vessels with Turtle Excluder Devices (TEDs). These devices are designed to prevent the accidental capture of sea turtles and are a key requirement for exporting wild-caught shrimp to the US. The government will facilitate this transition by bearing a significant portion of the Rs 23,000 cost per device, with the expense being shared between the Centre and the states. Furthermore, a forward-looking project has been launched to modernize India’s fishing fleet. In a joint effort by the Union fisheries and cooperation ministries, financial assistance is being offered to fishermen cooperatives for the purchase of modern, large factory vessels suited for deep-sea fishing. This initiative, already underway in Maharashtra, aims to enhance efficiency, increase catch value, and improve safety. To make this modernization accessible, the government is providing loans of up to Rs 30 lakh at a highly subsidized interest rate of just 2%. In addition to fleet modernization, the government is bolstering safety and data management. One lakh transponders with two-way communication capabilities are set to be distributed to fishermen, enhancing their safety at sea. Concurrently, the 2025 digital Marine Fisheries Census has been launched to gather comprehensive data that will enable better resource management and policymaking for a sustainable future. Through a combination of private sector agility and robust public support, India’s seafood industry has not only weathered a significant trade storm but has used it as an opportunity to build a more resilient, diversified, and sustainable foundation for future growth.

Read More
editor
Conservation Fisheries Focus Story
0
90

Centre Backs Kerala’s Coastal Future with ₹18 Crore Fisheries Modernization Plan

The Central Government has launched a significant Rs 18 crore initiative to modernize and uplift nine coastal villages in Kerala, aiming to boost local economies and build a climate-resilient fishing industry. The investment falls under the National Fisheries Development Programme (NFDP), a nationwide effort to support fishing communities.Union Minister of State for Fisheries, Animal Husbandry and Dairying, George Kurian, announced the plan during a Fisheries Outreach Programme in Thrissur. Under this initiative, each of the nine selected villages will receive Rs 2 crore in central funding. This capital will be used to develop crucial infrastructure, including modern fish processing units, local kiosks for sales, and upgraded community facilities. The Kerala state government is responsible for identifying the beneficiary villages.“Our goal is to bring every stakeholder into the formal network, ensuring financial protection and inclusive development for all,” Kurian stated. He strongly urged fishers and fish farmers across the country to register under the NFDP. This unified digital platform is designed to streamline access to vital central welfare schemes, insurance coverage, and other benefits.Highlighting the success of national efforts, Kurian noted, “India now ranks second globally in fish production and processing — a testament to the hard work and innovation of our fishing communities.” He praised the collaborative efforts with the Kerala government in redeveloping fishing harbours and providing low-interest credit to strengthen fisheries infrastructure.The Minister emphasized the government’s commitment to empowering fish farmers’ cooperatives, ensuring they are direct beneficiaries of development programs. As part of the event, he distributed Kisan Credit Cards (KCCs) to provide easier access to credit, along with NFDP registration certificates and vessel transponders to improve safety and tracking at sea.This initiative is a key component of the Prime Minister’s “Viksit Bharat by 2047” vision. Kurian concluded that the future growth of India’s fisheries sector will be driven by a collective commitment to technology adoption, coastal resilience, and community welfare.

Read More
editor
Business Export International
0
51

New Dawn for Indian Seafood: Landmark UK Trade Deal to Unlock a Wave of Exports

A groundbreaking trade agreement between India and the United Kingdom is set to chart a new, prosperous course for India’s seafood industry, creating significant opportunities for exporters. The India–UK Comprehensive Economic and Trade Agreement (CETA), signed in July of this year, promises to eliminate tariffs on 99% of trade lines, making Indian seafood vastly more competitive and sought-after in the British market. During a recent two-day summit with exporters, D V Swamy, Chairman of the Marine Products Export Development Authority (MPEDA), called upon the industry to seize this pivotal moment. He urged a strategic shift towards enhancing value-added products and upskilling the workforce to fully capitalize on the unprecedented access granted by the CETA. The agreement effectively removes import duties on a wide range of popular Indian seafood products. Key categories poised for a major boost include Vannamei shrimp, frozen squid, lobsters, frozen pomfret, and the prized black tiger shrimp, all of which will now enter the UK market duty-free. The potential for growth is immense. In the 2024–25 fiscal year, India’s marine exports to the UK stood at 16,082 metric tons, valued at $104.43 million. Frozen shrimp was the dominant force, making up 77% of these shipments, with frozen fish following at 8%. Industry experts are confident that the new duty-free access could realistically double these export figures in the near term, unlocking millions in new revenue. The high-level meeting brought together key industry stakeholders, including officials from the Department of Commerce, the Export Inspection Agency (EIA), and the Seafood Exporters Association of India (SEAI). Over 90 exporters from the coastal powerhouses of Tamil Nadu, Andhra Pradesh, and Odisha participated, sharing insights and formulating strategies to conquer this renewed market. The discussions also highlighted forward-looking projects, such as the potential for developing a Marine Aquapark Special Economic Zone (SEZ) in Tamil Nadu to further bolster infrastructure and export capabilities. Mr. Swamy emphasized that this opportunity demands a concerted effort. He stressed that success hinges on a three-pronged strategy: enhancing product quality to meet discerning UK standards, scaling up processing capabilities to handle increased demand, and investing in training a skilled labor force. Beyond just boosting trade figures, the India-UK CETA is seen as a catalyst for broader economic benefits. It is expected to drive employment generation, encourage innovation in processing and packaging, and promote sustainable practices across the entire seafood value chain. With proactive adaptation and strategic investment, the MPEDA chairman noted, Indian seafood exporters are in a prime position to not only capture a significantly larger share of the UK market but also to leverage this success to strengthen India’s reputation as a competitive, high-value supplier in the global seafood trade.

Read More
editor
Aquaculture Business Fisheries Focus Story
0
40

Navigating the Tariff Storm: Why Indian Shrimp’s Survival Strategy Runs Through Ecuador

A crippling tariff imposed by the United States has plunged India’s vibrant shrimp export sector into an unprecedented crisis, threatening a multi-billion-dollar industry and the livelihoods of millions. With the American market, the largest buyer of Indian seafood, now virtually inaccessible, a radical new strategy is no longer a choice but a necessity: strategic offshore investment. For beleaguered Indian seafood companies, the most viable and potent solution may lie thousands of miles away, in the aquaculture powerhouse of Ecuador. The Perfect Storm: A Market Paralyzed On August 6, the Trump administration’s decision to levy an additional 25% tariff on a range of Indian imports, including seafood, was a devastating blow. This came on top of existing duties, raising the total tariff barrier to a commercially unsustainable level of nearly 50%. The impact was immediate and profound. The US market, which accounted for approximately $2.5 billion in Indian seafood exports in FY2024—with shrimp comprising an overwhelming 92% of that value—was effectively priced out overnight. This sudden market closure creates a painful ripple effect that extends far beyond the corporate balance sheets of large exporters. It jeopardizes the entire value chain: the small-scale farmers who cultivate the shrimp, the hatchery operators who supply the seed, the feed manufacturers, the processing plant workers, and the logistics networks that support them. Furthermore, it deals a significant setback to the ambitious targets set by the Marine Products Exports Development Authority (MPEDA), which aims to achieve a seafood export turnover of $18 billion by 2030—a goal now in serious jeopardy. The domestic market, despite its size, cannot absorb the surplus. Indian consumers do not have the appetite or the purchasing power for the vast quantities of high-value, export-quality shrimp previously destined for American restaurants and retailers. While the government fully opened the sector to foreign direct investment (FDI) in 2016, a substantial influx of capital from abroad has failed to materialize, leaving the industry with limited options for domestic expansion. This reality forces a pivot from seeking investment at home to deploying it abroad. The Ecuadorian Advantage: A Strategic Lifeline Investing in Ecuador is not about abandoning Indian operations, but about executing a brilliant strategic bypass. It allows Indian companies to transform a geopolitical threat into a global business opportunity. Here’s why Ecuador represents such a compelling case: The Way Forward: From Exporter to Global Player The move into Ecuador is more than just a defensive reaction to a trade dispute. It represents a paradigm shift for India’s seafood industry—an evolution from being a national exporter to becoming a truly global multinational player. By diversifying their production base, Indian companies can de-risk their operations from the volatility of geopolitics and protectionist trade policies. Such an investment will undoubtedly come with challenges, including navigating a new regulatory landscape, managing cross-cultural operations, and competing with entrenched local players. However, the potential rewards are immense. Indian firms can gain invaluable insights into Ecuador’s cutting-edge farming techniques and bring that knowledge back to improve domestic operations. They can build a resilient, globally integrated supply chain that can pivot between markets as conditions change. The tariff crisis, while painful, may be the catalyst the industry needed. It has exposed the vulnerability of being heavily reliant on a single market. The bold, forward-thinking Indian companies that invest in offshore production in hubs like Ecuador will not only survive the current storm but will emerge stronger, more diversified, and better positioned to lead the global seafood industry for decades to come. The future of Indian shrimp will be defined not just by what is “Made in India,” but by what is “Managed and Owned by India” across the world.

Read More
editor
Business Fisheries News
0
98

Andhra Pradesh CM Urges Centre to Tackle Crippling US Tariffs on Seafood Exports

Andhra Pradesh Chief Minister N. Chandrababu Naidu has called for urgent intervention from the Union government to address the severe impact of high US tariffs on the state’s vital seafood industry. In a meeting with Union Commerce and Industry Minister Piyush Goyal, Naidu highlighted that a 27 percent tariff imposed by the United States on Indian seafood is threatening the livelihoods of lakhs of aquaculture farmers in the state. Aquaculture is a cornerstone of Andhra Pradesh’s economy, providing employment to approximately eight lakh farmers and playing a significant role in India’s total seafood exports. Naidu stressed that the steep US tariffs are critically undermining the sector’s profitability and competitiveness in the global market. The Chief Minister urged Goyal to initiate a high-level dialogue with US authorities to negotiate a reduction in these tariffs. He emphasized that such diplomatic efforts are crucial to safeguarding Andhra Pradesh’s prominent position in the international seafood market and providing essential relief to the state’s farming community. While the discussion also covered other agricultural challenges like falling tobacco prices and duties on palm oil, the plea to address the seafood export crisis underscores the sector’s immense importance to the state’s economic stability.

Read More
editor
Business Fisheries News
0
95

Dam Good Fish Hooks Modern Consumers with Fresh Brand Identity

Seafood brand Dam Good Fish has unveiled a strategic rebranding to strengthen its appeal to health-conscious Indian consumers. The updated identity, featuring a new logo and refined narrative, reinforces the company’s core mission: providing wild-caught, chemical-free seafood that is “good for you, good for the planet.” The rebranding is a significant step for the company, which aims to set a new standard for premium, clean, and responsibly sourced seafood in the Indian market. Central to its promise is a commitment to sustainable practices, which means no antibiotics, growth hormones, or artificial feeds, all supported by a verified cold-chain supply system to ensure freshness. More than just a cosmetic update, the new logo is a visual storytelling of the brand’s values: “This rebranding is more than just a new look — it’s an evolution of our purpose,” stated Shailesh Patel, Co-Founder of Dam Good Fish. “We’re making conscious seafood consumption a mainstream choice by making it easy, exciting, and accessible.” Founded by Shobhit Gaur and Shailesh Patel, Dam Good Fish is redefining the seafood experience for Indian households. By integrating traditional wild-caught fishing wisdom with modern transparency and innovation, the brand delivers clean, dam-sourced freshwater fish directly to consumers, championing a sustainable and impactful approach.

Read More
editor
Aquaculture Fisheries News
0
93

Illegal Shrimp Farms Pose Dual Threat to Surat: Airport Safety and Flood Risks Mount

A persistent network of illegal shrimp farms surrounding Surat International Airport is creating a dual threat of aviation hazards and urban flooding, prompting the city’s mayor to demand urgent action from district authorities. The farms, concentrated in areas like Bhimpore, Abhva, and Khajod, attract large numbers of birds, leading to repeated and dangerous bird-strike incidents for aircraft. Beyond the flight path, these operations are exacerbating flood risks by obstructing natural rivulets on the Mindhola river estuary’s floodplain, which are essential for draining rainwater from the city. The issue is caught in an administrative deadlock. City Mayor Daxesh Mavani has formally urged the district collector to intervene, as the Surat Municipal Corporation (SMC) cannot act unilaterally on what is primarily government land. “The ponds must be removed to prevent urban flooding and reduce the bird hit threat,” said Mayor Mavani, confirming the SMC’s readiness to provide logistical support, including heavy machinery, once officially requested by the collector’s office. Officials from the district collectorate acknowledge the problem, stating that they conduct periodic raids on farms operating illegally and violating Coastal Regulation Zone (CRZ) norms. However, these enforcement actions have proven to be temporary solutions. “Our teams regularly monitor shrimp farms… and take periodic action,” an official stated, noting that operators often resume their activities within days of a raid. The construction of these ponds has severely disrupted the region’s natural hydrology. Rainwater that once spread freely across the open floodplains now backs up due to the blockages, inundating low-lying urban areas during the monsoon season. Despite past efforts to seize equipment and drain the illegal ponds, the continued operation of these farms leaves both air passengers and city residents at unresolved risk.

Read More
editor
Aquaculture Sustainability Technology
0
107

India’s Biokraft Foods Unveils Cultivated Trout, Targeting 2026 Commercial Rollout

Indian food-tech startup Biokraft Foods is pioneering a new frontier in sustainable protein, unveiling the country’s first cultivated trout fillets. Developed in a landmark partnership with the Indian Council of Agricultural Research’s Central Institute of Coldwater Fisheries Research (ICAR-CICFR), the company is targeting a full commercial launch for its cultivated seafood and meat products by 2026. This development marks a significant breakthrough for India’s alternative protein sector. Following the debut of its 3D-printed cultivated chicken in late 2024, Biokraft is now applying its proprietary 3D bioprinting technology to the aquatic space. By developing native trout cell lines, the company can produce whole-cut fillets that it says are structurally and nutritionally identical to their conventionally-sourced counterparts. “Our cultivated trout… has the added benefit of year-round production that is not reliant on animal farming, wild catch, or delicate ecosystems,” said Kamalnayan Tibrewal, Founder and CEO of Biokraft Foods. He emphasized that this method eliminates concerns about antibiotic contamination and microplastic pollution. A key part of Biokraft’s strategy is market accessibility. The company has set an ambitious goal to price its cultivated trout below conventional options, a move aimed at disrupting the premium seafood market. Trout was strategically chosen due to its high market value and seasonal availability in India, which is often limited by geography and climate. The collaboration with a premier government research body like ICAR-CICFR lends significant credibility to the venture. Dr. Amit Pande, a principal scientist at the institute, called the partnership an example of how academia and industry can jointly advance alternative protein sources. “This initiative not only aligns with our vision of conserving aquatic biodiversity but also opens up new avenues for cell-based aquaculture research in India,” said Dr. Pande. While public tastings for the trout are still in the validation stage, the company is moving forward with regulatory approvals for its cultivated chicken, expecting a positive outcome in the coming months. Tibrewal is optimistic about consumer acceptance, citing an internal survey in India’s Tier 1 cities where 60% of respondents were open to trying cultivated meat. However, he acknowledged the need for greater consumer education to build trust and awareness. Looking ahead, Biokraft plans to open a dedicated R&D and pilot facility by the end of 2025. The company also has its sights set on international expansion, particularly in the Asia-Pacific region, and intends to explore cultivated versions of other high-value or endangered fish species in the future.

Read More
editor
International News
0
97

China to Lift Ban on Japanese Seafood, Ending Two-Year Impasse

 China has agreed to resume importing seafood from Japan, lifting a ban that has been in place for nearly two years following the release of treated wastewater from the Fukushima Daiichi nuclear power plant. The breakthrough was announced by Japanese officials after diplomatic discussions were held in Beijing. The agreement hinges on a set of stringent conditions designed to ensure the safety of the products. A key component of the deal is China’s participation in the International Atomic Energy Agency’s (IAEA) water sampling missions at the site. Furthermore, Japan must register all its fishery processing facilities with Chinese authorities. Before export, all seafood products will be required to undergo rigorous inspection and certification to confirm they are free from radioactive substances like caesium-137. China, Japan’s largest seafood market, imposed the sweeping ban in August 2023 when Japan began the controlled release of treated water from the Fukushima plant, which was damaged in the 2011 earthquake and tsunami. Beijing cited risks to food safety and public health, despite Japan’s insistence that the discharge process was safe and met international standards, a position supported by IAEA monitoring. While a specific timeline for the resumption of trade has not been detailed, Japanese Agriculture Minister Shinjiro Koizumi stated that exports will begin once Beijing completes the “necessary procedures.” It is expected that China will soon make an official announcement, likely starting with the resumption of imports from regions outside of Fukushima.

Read More
editor
Indian Cuisine News Value-added Seafood
0
92

MPEDA Launches Skill Olympiad to Elevate India’s Value-Added Seafood Exports

 In a strategic move to bolster India’s position in the global seafood market, the Marine Products Export Development Authority (MPEDA) has launched an interstate Skill Olympiad focused on value-added seafood products. The initiative aims to motivate, recognize, and upgrade the skills of professionals in the seafood processing sector, ultimately boosting the country’s export earnings. While India’s seafood exports reached an impressive $7.38 billion in the 2024-25 fiscal year, value-added products accounted for only 12% of this total. This figure lags significantly behind major competitors like Thailand, China, and Vietnam, where value-added items constitute a much larger share of exports. MPEDA is actively working to close this gap through targeted training programs and infrastructure development schemes. The Skill Olympiad serves as a platform to showcase and celebrate talent in this crucial sub-sector. Preliminary rounds are being held in Kochi for the West Coast Zone and Visakhapatnam for the East Coast Zone. Twenty participants in each round will compete by preparing ten popular value-added seafood items—such as Nobashi shrimp, breaded squid rings, and fish fingers—within a three-hour time limit. They will be judged on product quality, hygiene, innovation, and execution. Winners from the preliminary rounds will advance to the finals, which are scheduled to take place during the Seafood Expo Bharat 2025 in Chennai from July 1-3. The competition will culminate in cash prizes for the top three winners and a tasting session where stakeholders, including exporters and government officials, can sample the expertly prepared products. This Olympiad aligns with the Indian government’s broader vision to develop a highly skilled workforce, create a network of certified trainers, and increase employment opportunities, particularly for women in coastal communities. By fostering talent and promoting innovation, MPEDA is taking a significant step toward transforming India into a global hub for value-added seafood exports.

Read More
editor
Business Export Fisheries International News
0
96

Indian Seafood Exports Surge Nearly 18% in April, Eyes $18 Billion Target by 2030

 India’s seafood industry has started the new fiscal year with remarkable strength, recording a sharp 17.81% increase in exports in April 2025, reaching a value of $0.58 billion. This robust performance builds on a record-breaking previous year and signals sustained momentum despite global trade uncertainties. According to data from the Ministry of Commerce and Industry, India solidified its position as the fourth-largest global producer of marine products in the financial year 2024-25. The country exported 1.685 million metric tonnes of seafood, valued at $7.2 billion. This represents a significant 60% increase in volume compared to the fiscal year 2014-15. The impressive growth trajectory continues even as the industry navigates concerns over potential tariff hikes in the United States, which remains India’s largest market. However, optimism is being buoyed by progress in a bilateral trade agreement between India and the US, which is aimed at strengthening trade flows. Frozen shrimp continues to be the star performer, accounting for over 40% of the total export quantity and a dominant 66.12% of the total export value. India’s seafood now reaches 130 countries, a significant expansion from 105 destinations a decade ago, with the US and China as the primary importers. This export boom is being significantly powered by government initiatives, particularly the Pradhan Mantri Matsya Sampada Yojana (PMMSY). This central scheme, with an investment of ₹20,050 crore over five years, has been instrumental in enhancing the entire fisheries value chain. A senior official noted that the scheme supports everything from improved fish quality and disease management to the infusion of modern technology and traceability. Furthermore, substantial investments in post-harvest infrastructure, including cold chains, fishing harbours, and landing centres, have been critical in boosting India’s production and export capabilities. Looking ahead, the Marine Products Export Development Authority (MPEDA) has set an ambitious target in its “Vision Document – 2030,” aiming for an export turnover of $18 billion (₹1.57 lakh crore). With strong government backing and a resilient industry, India is charting a course to become an even more formidable player in the global seafood market.

Read More
editor
Business Export Fisheries International Shrimp
0
121

Indian Shrimp Exporters Seek Government Support as US Duty Review Nears, Competition Bites

 India’s shrimp exporters are anxiously awaiting a crucial review of US anti-dumping and countervailing duties scheduled to begin next month, urging the Indian government to intervene diplomatically to secure relief amidst fierce global competition. Industry experts highlight that existing US duty calculation methods are detrimental to Indian exporters, who are already battling significant market pressure from competitors like Ecuador and Vietnam in the lucrative American market. Exporters are calling for bilateral discussions between the Indian and US governments to address these concerns. A key point of contention is the US classification of India’s Remission of Duties and Taxes on Exported Products (RoDTEP) and Duty Drawback schemes. “The US authorities consider India’s RoDTEP and duty drawback schemes as incentive schemes, which is not the case. Both are WTO-compliant duty refund schemes only,” explained Yogesh Gupta, a Kolkata-based seafood exporter and Managing Director of Megaa Moda. Furthermore, exporters criticize the US ‘zeroing’ methodology used for calculating anti-dumping duties, arguing it unfairly distorts the dumping margin by not making a fair comparison between export price and normal value. “This needs to be re-looked,” Gupta added, emphasizing the concern within the industry. To bolster their competitiveness, exporters are also requesting the re-introduction of the Transport and Marketing Assistance (TMA) scheme by the Indian government. Beyond the specific anti-dumping (currently 1.8%) and countervailing duties (5.77%), Indian shrimp exports face a baseline tariff of 10% imposed by the US on April 2nd. While exporters received significant relief when the US suspended a potential additional 26% duty, the cumulative effective duty remains substantial at approximately 17.7%. K N Raghavan, Secretary General of the Seafood Exporters Association of India (SEAI), recently urged the government to prioritize securing a “level-playing field” for Indian seafood exports in upcoming trade negotiations before any tariff pauses expire. Competitive pressure is a major factor. Ecuador, facing lower duties and benefiting from geographical proximity to the US, poses a significant challenge. Odisha-based exporter Rajen Padhi, Commercial Director at B One Business House Pvt Ltd, noted that the anti-dumping duty has persisted for two decades and advocated for a uniform rate for India. He also stressed that the RoDTEP scheme’s nature as a tax refund, not a subsidy, can be clearly demonstrated. “As per an international agreement, no taxes should be exported. So now we can convince the US that the RoDTEP scheme is not an incentive scheme,” Padhi stated. The United States remains the most critical market for India’s shrimp industry, absorbing roughly 40% of the country’s total shrimp exports. India exported 7,16,004 tonnes of frozen shrimp globally in 2023-24, with the US importing 2,97,571 tonnes. Other key markets include China, the European Union, and Japan. The sector supports around 100,000 shrimp farms, predominantly located in Andhra Pradesh. As the US review approaches, the Indian shrimp export sector is looking to the government for robust support and diplomatic action to safeguard its position in this vital market. thumb_upthumb_down

Read More
editor
Fisheries News
0
133

Kerala Trawler Operators Seek Government Lifeline Amid Mounting Debts and Market Shocks

Kerala’s fishing boat operators are urgently appealing to the State government for support as they grapple with a severe financial crisis threatening the viability of the State’s approximately 3,600 trawling vessels. The operators cite a combination of escalating operational costs, crippling debt, and destabilizing international market pressures as key reasons for their plea. Joseph Xavier Kalapurackal, representing the All Kerala Fishing Boat Operators’ Association, highlighted the dire situation, noting that many boat owners are burdened with debts ranging from ₹20 lakh to ₹25 lakh. These debts stem from the high costs of building and maintaining vessels, coupled with daily operational expenses that operators are increasingly unable to recoup. The situation has been significantly worsened by recent U.S. tariffs imposed on Indian seafood. This trade measure has spooked exporters, who have responded by cutting the prices they pay for catches, directly impacting the already strained finances of the boat operators. Furthermore, operators point to persistently high fuel prices, exacerbated by the government’s refusal to reduce the cess on diesel, as a major operational hurdle. While acknowledging climate change as a significant underlying factor impacting fish stocks and operational success, the operators feel immediate government action on controllable costs is necessary. A key point of contention for the boat operators is the perceived disparity in government support. They argue that while seafood exporters benefit from incentives like excise duty reductions and investment subsidies, the primary producers – the boat operators themselves – receive no comparable assistance. They also allege that instead of facilitating their operations, authorities sometimes impede their efforts to catch fish destined for export markets. Adding to their concerns is the government’s policy regarding older vessels. The association is urging officials to reconsider the planned refusal to renew registration and licenses for wooden boats over 12 years old and steel boats over 15 years old. They propose that vessel seaworthiness and efficiency should be determined through individual checks rather than an age-based blanket ban. Facing pressure from multiple fronts, the fishing boat operators are looking to the Kerala government for immediate intervention and a comprehensive support package to navigate the current storm and ensure the sector’s survival.

Read More