Week 13 Shrimp Price Trends: India Gains Momentum as Vietnam Struggles
The global shrimp market remains a dynamic landscape, with Week 13 of 2025 highlighting stark contrasts between two of Asia’s shrimp production powerhouses: India and Vietnam. As reported by Undercurrent News on March 25, 2025, farm-gate shrimp prices in India surged, driven by supply shortages and robust demand, while Vietnam
Digital Waves Transforming India’s Fisheries: New Scheme Ushers in Era of Financial Inclusion and Sustainability
The Indian fisheries sector is poised for transformation with the launch of the Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY), a comprehensive four-year initiative designed to revolutionize the industry through digital innovation and financial inclusion. With an investment of ₹6,000 crore, this flagship program under the Ministry of Fisheries, Animal
Indian Seafood Industry Urges Government to Remove 30% Duty on US Shrimp Imports
India’s seafood exporters have launched an urgent appeal for the waiver of a 30% customs duty on shrimp imports from the United States, expressing deep concern that the existing tariff could trigger retaliatory measures from America, potentially damaging India’s dominant position in the global shrimp market. Industry Concerns Over Potential
Can India’s Deep-Sea Fishing Boom Drive ₹1 Lakh Crore in Seafood Exports by 2030? A detailed analysis.
India’s deep-sea fishing initiative has the potential to help achieve the ambitious target of ₹1 lakh crore in seafood exports by 2030, but it’s not guaranteed. Currently, seafood exports stand at ₹60,523 crore, and reaching ₹1 lakh crore means increasing by about ₹39,477 crore over five years. This is a
14th Asian Fisheries and Aquaculture Forum Convenes in New Delhi, India
New Delhi, India – February 12-15, 2025 The 14th Asian Fisheries and Aquaculture Forum (14AFAF), a triennial scientific forum organized by the Asian Fisheries Society, took place in New Delhi, India, from February 12 to 15, 2025. This event served as a crucial platform for discussing global trends and addressing
Navigating the Regulatory Seas: Challenges and Compliance Issues in India’s Seafood Industry
Explore the key challenges and compliance issues faced by India’s seafood industry, including export regulations, sustainability demands, financial strain on fishers, and environmental compliance concerns.
The Complex Landscape of India-US Shrimp Trade: Navigating Tariffs, Duties, and Diplomatic Challenges
Introduction: A Delicate Trade Ecosystem The shrimp export corridor between India and the United States represents a complex interplay of economic interests, trade policies, and diplomatic negotiations. Far from being a straightforward commercial relationship, it is characterized by intricate regulatory mechanisms, protective measures, and ongoing strategic assessments. Historical Context and
Uttarakhand Shines: Awarded Best State for Fisheries Development in India
Uttarakhand, often celebrated for its breathtaking landscapes and rich biodiversity, has recently added another feather to its cap by winning the prestigious Best State Award in Fisheries Development. This recognition not only highlights the state’s successful aquaculture initiatives but also emphasizes its commitment to sustainable practices, community engagement, and innovative
World Fisheries Day 2024: Ensuring India’s Waters Continue to Thrive with Life
A Biblical Echo in Modern Waters “Let the waters teem with living creatures” – these words from Genesis resonate powerfully as the theme for World Fisheries Day 2024, serving as both a reminder of ancient abundance and a stark warning about our present reality. As India, with its vast coastline
Goan Fisher Leader Olencio Seminoes Criticizes Central Government Over Sagarmala Project at Global Forum
In a strong condemnation, Goan fisher leader Olencio Seminoes has vehemently criticized the Indian central government for its handling of the Sagarmala project, a massive port development initiative aimed at modernizing India’s ports. Seminoes voiced his concerns at a global forum for fisher people held in Brazil, where he represented
What’s Really in Your Fish Curry? Kerala’s Wake-Up Call for Safer Seafood
Ever wondered if that delicious fish curry you’re about to dig into is completely safe? Kerala, India’s seafood paradise, is facing a fascinating challenge that affects everyone who loves their fish – from the morning karimeen fry to the evening meen curry. A Fish Tale Worth Telling Picture this: Every
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,
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