High Hopes for High Seas: Can Infrastructure Investment and Seafood Boost India’s Exports
India’s export scene faces a tough challenge with a recent 5.7% dip in merchandise exports. However, amidst the decline, a glimmer of hope emerges from two key areas: high capital expenditure (capex) and a focus on boosting seafood exports. Let’s dive into the details and see if these strategies can
Navigating the Blue Wave: A Deep Dive into India’s Seafood Sector and the Top 5 Stocks Poised for Exponential Growth
Introduction:India, blessed with an extensive coastline and thriving river environments, has emerged as the world’s third-largest seafood-producing nation, capturing global markets with its quality seafood. The recent surge in seafood exports, reaching an all-time high of US$8.09 billion in the financial year 2022-23, has catapulted the sector into the spotlight.
Shrimp Boom: Indian Seafood Swims Upstream as Exports Dive
While global economic woes dampen seafood exports, India’s domestic market is experiencing a delightful catch. Premium companies are diving in, lured by the rising demand for succulent shrimp, squid, lobster, and seer fish. This shift presents a unique opportunity to transform the largely unorganized Indian seafood industry and establish the
Asian Seafood in Limbo: India’s Onion Export Ban Hurts Beloved Dishes
Across Asia, beloved seafood dishes are losing their spice due to India’s unexpected ban on onion exports. From Bangladesh’s fragrant biryanis to Sri Lanka’s fiery fish curries, the humble onion, usually sourced from India, is now shrouded in uncertainty. The sudden export halt, spurred by a domestic price hike, has
Indian Seafood Giant Captain Fresh Prepares to Reel in Europe and America: Salmon Processor and Shrimp Importer Acquisitions on the Hook
Forget whale watching, the Indian seafood industry is preparing to make some serious waves of its own. Venture capital-backed Captain Fresh, a rising star in the sector, is casting its net across two continents, with potential acquisitions of a European salmon processing plant and a US shrimp importer simmering. Europe’s
Global Shrimp Council Sets Sail for US Shores: Nine Countries, 20 Companies Aim to Hook American Hearts (and Plates)
A new force has risen in the world of shrimp: the Global Shrimp Council (GSC), a powerful alliance of nine countries and 20 companies with their sights firmly set on conquering the American market. This ambitious initiative, spearheaded by America’s National Fisheries Institute (NFI), is more than just a marketing
US Investigates Indian Shrimp Exports, Threatening Tariffs and Hurting Exporters
The United States is currently investigating claims that Indian shrimp exports are being subsidized by the Indian government. This has raised concerns among Indian shrimp exporters and fishermen, who fear that the US will impose tariffs on Indian shrimp, making it more expensive in the US market and hurting their
Kerala based Startup Launches Digital Platform for Decentralized Finance in Seafood Exports
Breaking Barriers for Seafood Exporters: A New Wave of Decentralized Finance A revolutionary digital platform, Renai.IO, is poised to disrupt the seafood export industry by offering a decentralized finance (DeFi) solution for exporters seeking cheaper and easier access to funding. This Kerala-based startup, led by entrepreneur Avira Tharakan, promises to
Indian Expat’s Innovative Research Paves the Way for Greener Seafood Exports
From Sea to Sustainability: Ajith PJ’s Research Paves the Way for Greener Seafood Exports A transformative wave is cresting in the maritime industry, driven by the innovative research of Indian expat Ajith PJ. His doctoral research, focused on measuring energy efficiency and reducing carbon emissions in offshore support vessels, has
Rupee Hits Record Low, But Exporters Remain Unfazed
The Indian rupee has been on a downward spiral in recent months, hitting record lows against the US dollar. However, despite this seemingly favorable development for exporters, many in the industry are not celebrating. Why Aren’t Exporters Cheering? There are a number of reasons why exporters are not feeling the
8 Reasons Why Frozen Seafood from India Stands Out
India’s frozen seafood exports have earned a reputation for quality, sustainability, and culinary excellence, making them a preferred choice among seafood enthusiasts worldwide. Here are eight compelling reasons why frozen seafood from India surpasses that from other countries: 1. Rich Biodiversity: India’s coastal waters are teeming with a vast array
A Comprehensive Guide to Seafood Export Registration in India
The Indian seafood industry, a significant contributor to the country’s economy, offers immense potential for aspiring exporters. However, the process of registering as a seafood exporter in India can seem daunting, especially for those new to the industry. This comprehensive guide aims to demystify the registration process, providing step-by-step instructions
Andhra Pradesh’s Seafood Export Barriers: A Cold Chain Conundrum
Andhra Pradesh, a coastal state in eastern India, stands as a beacon of aquaculture, boasting a thriving seafood industry that contributes significantly to the state’s economy. However, despite its abundant seafood resources and growing production capacity, Andhra Pradesh’s export aspirations are hindered by a critical bottleneck – the lack of