Transforming India’s Seafood Industry: A Blueprint for Innovation and Growth
India’s seafood industry is poised for a revolution, driven by a strategic shift towards public-private partnerships in research, development, and technology transfer.** This progressive move, spearheaded by the Indian Council of Agricultural Research (ICAR), aims to diversify aquaculture technologies and meet evolving market demands. With the ambitious goal of exceedingIndia’s Seafood Export Target for FY24: Unlikely to Be Met
India’s seafood export target for FY24 is unlikely to be met due to several factors, including tepid buying from key markets such as the US, China, Japan, and Europe. Additionally, there is weak demand for peeled frozen products in the US retail market. Exporters do not see any substantial improvementIndia’s Fight for Fairness in Fisheries Subsidies
India is taking a strong stand in the World Trade Organization (WTO) negotiations on fisheries subsidies, advocating for a principle of “polluter pays” that would hold countries accountable for the environmental damage caused by their fishing fleets. This principle would require countries that engage in distant-water fishing to stop subsidizingIndia’s Bold Ambition: Doubling Seafood Value Addition by 2030 to Triumph Over Global Rivals
“India’s Bold Ambition: Doubling Seafood Value Addition by 2030 to Triumph Over Global Rivals In a strategic move to counter growing competition from nations like Thailand, Vietnam, and China, the Marine Products Exports Development Authority of India (Mpeda) is gearing up to double the share of value-added seafood products overIndian and Ecuadorian Shrimp Suppliers Face Mounting Pressure in Chinese Market
Indian and Ecuadorian shrimp suppliers are facing a confluence of challenges in the Chinese market, leading to financial losses and heightened uncertainty for their businesses. Already grappling with low shrimp prices and a demanding market environment, these exporters encountered further setbacks at the China Fisheries and Seafood Expo (CFSE) inNavigating the Seafood Seascape: Technology’s Transformative Voyage in India’s Seafood Retail Industry
Technology has revolutionized the seafood retail industry in India, impacting how seafood is sourced, distributed, marketed, and consumed. Technological advancements have enhanced supply chain transparency, traceability, and efficiency through blockchain technology and IoT devices. E-commerce and online marketplaces have expanded consumer access to a wider variety of seafood products. MobileRiding the Waves: US Shrimp Imports Poised to Surge After Over a Year Underwater
American shrimp aficionados rejoice - there is light at the end of the tunnel after over a year of shrinking shrimp supplies. New data from the National Oceanic and Atmospheric Administration (NOAA) suggests shrimp import volumes into the United States have posted year-over-year increases for three months straight.- 1
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