Securing Sustainable Seafood Exports: Marine Mammal Conservation Takes Center Stage
The inextricable link between marine mammal conservation and India's seafood export industry was underscored at a recent workshop held at the 16th Agricultural Science Congress (ASC). Experts highlighted the importance of adhering to the US Marine Mammal Protection Act (MMPA), which mandates the protection of marine mammals during commercial fishing
India’s Shrimp Exports Face Potential Disruption as US Senator Proposes Stiff Tariffs
The Indian seafood industry is facing a potential storm as a US senator has proposed imposing steep tariffs on shrimp imports from India. The proposed India Shrimp Tariff Act, introduced by Louisiana Senator Bill Cassidy, aims to levy duties of 10%, 20%, and eventually 40% on Indian shrimp imports, effectively
Opportunity Knocks: Indian Aquaculture Stocks Soar as China Halts Japanese Imports
The recent decision by China to halt imports of all aquatic products from Japan has sent shockwaves through the global seafood industry, creating ripples of uncertainty and opportunity. Indian aquaculture stocks, in particular, have experienced a surge in value as investors anticipate a rise in demand for Indian seafood products
Indian Seafood Industry Faces Slump Amidst Global Shrimp Market Challenges
The Indian seafood industry, which recently achieved a record $8 billion export in FY23, is now facing a slump due to a combination of factors, including tepid global demand for shrimp, falling prices, and excess shrimp stocks. This downturn has raised concerns among industry experts and exporters, who fear a
India’s Seafood Exports: A Voyage of Growth and Transformation in the Global Arena
India's seafood industry has emerged as a global powerhouse, achieving an all-time high in both volume and value of exports during the financial year 2022-23. This remarkable milestone reflects the industry's resilience, innovation, and unwavering commitment to quality and sustainability. This article delves into the intricacies of India's seafood exports,
Unleashing India’s Aquaculture Potential: A Call for Expansion and Ecosystem Enhancement
The Indian seafood industry, valued at over $8 billion, has reiterated its demand for increased aquaculture area and the creation of a conducive ecosystem to foster sustainable growth. This call for expansion highlights the industry's recognition of aquaculture's potential to enhance India's position as a global seafood leader.
Indian Seafood Industry Adapts to Market Challenges with Alternative Export Strategies
Facing setbacks in the US market, its largest export destination, India's seafood industry is charting a new course to achieve its ambitious target of $14 billion in exports by 2025. The industry is exploring alternative strategies that involve diversifying export markets, focusing on value-added products, and leveraging free trade agreements
Qatar Lifts Ban on Frozen Seafood from India, Paving the Way for Enhanced Trade Relations
In a significant development, Qatar has lifted its temporary ban on the import of frozen seafood from India, opening doors for increased exports and strengthened bilateral ties between the two nations. This decision comes as a welcome relief for Indian seafood exporters, who have been working tirelessly to resolve the