Ecuador Set to Replace India as Largest Shrimp Supplier to the US Amid Tariff Disputes
In a dramatic shift in the global seafood supply chain, Ecuador is poised to become the largest shrimp supplier to the United States, surpassing India. This change comes on the heels of new US tariffs imposed on Indian seafood, including a significant 26% levy on shrimp, which has created a
Indian Seafood Exports Reel Under US Tariffs: Shrimp Industry Faces Crisis
In a move that has sent shockwaves through the seafood industry, the United States has announced reciprocal tariffs on seafood imports from India, specifically targeting shrimp and a range of other marine products. This bold decision, which follows months of trade tensions, has raised questions about the future of global
Global Tuna Stocks Surge in Sustainability: Insights from the March 2025 ISSF Report
The latest report from the International Seafood Sustainability Foundation (ISSF), released in March 2025, highlights significant strides in the sustainability of global tuna stocks. This update is crucial for understanding the health of tuna fisheries, which are vital for food security and economic stability worldwide. Below, we explore the key
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
Indian Seafood Tech Firm Expands with $4.5 Million Investment in Aqua Biologicals
In a significant move to strengthen its position in India’s burgeoning aquaculture sector, AquaConnect, a leading Indian seafood technology company, has announced a $4.5 million (€4.2 million) investment in new research and development (R&D) and production infrastructure in Gujarat. The investment marks a strategic expansion into farm care biologicals, positioning
India’s Seafood Industry Set to Benefit from Turtle Excluder Device Subsidy
In a move poised to revolutionize India’s fishing practices and revive its seafood exports, the Union government is preparing to launch a subsidy scheme for turtle excluder devices (TEDs) in fishing nets. This initiative signals a significant step toward balancing environmental sustainability with economic growth in the nation’s fisheries sector.
Parliamentary Panel Recommends Establishment of Indian Council for Fishery and Aquaculture Research
A parliamentary standing committee on animal husbandry has recommended the establishment of a dedicated research council for India’s fisheries sector. The proposed Indian Council for Fishery and Aquaculture Research (ICFAR) would operate under the Department of Fisheries and address the growing needs of a sector that contributes significantly to India’s
Troubled Waters: Navigating the India-Sri Lanka Fisheries Feud in the Palk Bay
The India-Sri Lanka fisheries dispute, simmering for decades in the narrow Palk Bay, continues to ripple through diplomatic ties between these maritime neighbors. Recently, Sri Lankan Leader of the House, Bimal Rathnayake, urged India to crack down on illegal fishing in Sri Lankan waters, spotlighting the plight of Tamil-speaking fishermen
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
India’s Blue Revolution: Combating Pollution and Building Resilient Coastal Economies Through Marine Fisheries Reform
The Indian government is implementing a comprehensive approach to marine fisheries management that addresses both environmental challenges and economic sustainability. With a focus on conservation, pollution control, and community resilience, India’s strengthened marine fisheries policy represents a holistic strategy for long-term sector viability. Tackling Marine Pollution Head-On India’s National Policy
India’s Billion-Dollar Water Crisis: How Pollution is Sinking Fisheries and Public Health
India’s fishery sector is hemorrhaging $2.2 billion annually due to water pollution from untreated wastewater, according to a groundbreaking study released this week at the World Ocean Summit in Japan. The research, conducted by the ocean health initiative Back to Blue and the Ocean Sewage Alliance, reveals the staggering economic
India Sets Sail for ₹1 Lakh Crore Seafood Export Goal with Deep-Sea Fishing Push
February 24, 2025 – India is charting new waters in its quest to become a global seafood powerhouse, with ambitious plans to boost annual exports from ₹60,523 crore to an impressive ₹1 lakh crore. The key? A bold move into deep-sea fishing, backed by cutting-edge technology and a renewed focus
Commerce Minister Piyush Goyal Visits MPEDA, Addresses Seafood Sector Challenges
KOCHI, Feb 21, 2025 – Union Minister for Commerce and Industry, Piyush Goyal, visited the Marine Products Export Development Authority (MPEDA) headquarters in Kochi today, engaging with key stakeholders from India’s seafood industry.During his visit, Minister Goyal held review meetings with officials from the Rubber Board, Spices Board, and MPEDA,