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

China Lifts Ban of Seafood Exports from India, Boosting Trade Ties

In a significant development that will provide a much-needed boost to India's seafood exports, China has lifted the suspension of shipments from 99 Indian seafood processing and exporting units. This decision comes as a result of India's assurances over source control measures and the sustained efforts of the Marine Products