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,
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.
Embracing Sustainability in Indian Shrimp Farming: A Shift from Traditional to Eco-Friendly Practices
India’s shrimp farming industry, once plagued by environmental degradation and health risks, is undergoing a significant transformation towards sustainability. Traditional shrimp farming methods have historically caused substantial environmental harm, including the destruction of mangrove forests, water pollution, and increased disease outbreaks. However, with the advent of new technologies and regulatory
The Ultimate Guide to Starting a Profitable Fish Farming Business in India
India’s fisheries sector is undergoing a rapid transformation, with a focus on advancing fish farming practices and promoting sustainability. The sector plays a crucial role in the global food system, and India is poised to make a substantial impact on the economy in the near future. With the government’s support
Sikkim’s Big Leap: Revolutionizing Fisheries with Modern Technologies
Nestled in the Himalayas, Sikkim is known for its breathtaking landscapes, pristine rivers, and serene lakes. While traditionally celebrated for its natural beauty, the state is now making waves in an entirely different domain—fisheries. Chief Minister Prem Singh Tamang recently announced that Sikkim is embracing modern technologies to transform its