India Casts its Net Wider: Budget Boosts Booming Aquaculture Industry
India’s vast coastline and thriving seafood industry have long been an anchor of the nation’s economy. Now, with a focus on boosting aquaculture and exports, the recent budget has cast a wider net, promising calmer waters and a brighter future for the sector. A Thriving Catch: India’s Aquaculture Prowess As
Diving Deeper: Indian Seafood Tech Startup Makes Waves with $4 Million Funding
Chennai-based Aquaconnect, a full-stack aquaculture startup, has raised $4 million in a pre-series B funding round led by S2G Ventures. The startup aims to transform the Indian aquaculture landscape by linking fish farmers to supplies and markets. Aquaconnect will use the fresh funding to ramp up its operations, expand its
Leveraging Frontier Technologies to Revolutionize India’s Fisheries Sector
In response to the surging demand for fish, an imperative driving force for the economy, NITI Aayog Vice Chairman Suman Bery emphasized the need for innovative strategies to enhance productivity. Speaking at a high-level national workshop jointly organized by NITI Aayog, the Central Marine Fisheries Research Institute (CMFRI), and the
Government of India Unveils Ambitious ₹576 Crore Plan to Establish Northern Shrimp Farming Hub
In a strategic move to boost aquaculture and create a thriving hub for shrimp farming, the Union government of India is set to launch a ₹576 crore plan across four northern states. The initiative aims to utilize non-arable land in Uttar Pradesh, Rajasthan, Haryana, and Punjab for shrimp farming, catering
Kings Infra Dives into Ready-to-Eat Market with ₹40 Crore Boost from Punjab National Bank
Kings Infra, a leading name in seafood processing and export, has secured a ₹40 crore working capital loan from Punjab National Bank. This investment will fuel the company’s ambitious plans to launch ready-to-cook and ready-to-eat seafood products in the Indian market, tap into the rising demand for premium seafood, and
MPEDA Secures Trademark for “Indian Seafood. The World Loves It” Logo, Solidifying Global Brand Identity
The Marine Products Export Development Authority (MPEDA) has cemented its commitment to showcasing the excellence of Indian seafood with the recent acquisition of a trademark for its captivating logo, “Indian Seafood. The World Loves It.” The trademark, registered under the Trade Marks Act, 1999, bears the number 4902024 and was
Veraval Gets TED-ucated: MPEDA and CIFT Champion Sustainable Shrimp Trawling
Trawling towards Sustainability: MPEDA and CIFT Team Up for TED Implementation in Veraval The Marine Products Export Development Authority (MPEDA) and the Central Institute of Fisheries Technology (CIFT) joined forces in Veraval, Gujarat, on December 20th, 2023, to tackle the critical issue of sea turtle conservation. The focus of the
Deep Sea Wonders Wash Ashore: Venomous Beauties on Chennai Beach
Chennai’s shoreline witnessed a rare and captivating sight – hundreds of deep-sea creatures, the mesmerizing Blue Sea Dragon and the button-like Blue Button, washed ashore by recent storms. While their beauty is undeniable, these exotic visitors pack a hidden punch – a potentially stinging surprise. The Blue Sea Dragon, a
Island UTs Dive into Blue Economy Boom: Fisheries, Aquaculture, and Seafood Exports Take Center Stage
The Union Territories of Andaman & Nicobar Islands and Lakshadweep are charting a thrilling course towards economic prosperity, with the government prioritizing the development of a vibrant blue economy. Fisheries, aquaculture, and seafood exports are taking center stage in this transformation, fueled by a wave of strategic initiatives and investments.
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
Seaweed to the Rescue: CMFRI Develops Natural Remedies for Immunity and Cholesterol
The ICAR-Central Marine Fisheries Research Institute (CMFRI) has announced a promising step forward in healthcare, signing a deal to commercialize two seaweed-based nutraceuticals with impressive potential. These natural products tackle common health concerns – one boosting anti-viral immunity and the other combating high cholesterol. Dr. A Gopalakrishnan, director of CMFRI,
Odisha University Dives Deep: Unlocking the Secrets of the Bay of Bengal for Sustainable Fisheries
Odisha’s Berhampur University, a beacon of academic excellence, is setting sail on a voyage of discovery. On Tuesday, they announced a significant partnership with the Bay of Bengal Programme Inter-Governmental Organisation (BOBP-IGO), a regional think tank dedicated to marine ecology and sustainable fisheries management. This collaboration promises to unlock the
Superbugs in the Sea: The Looming Threat of Antimicrobial Resistance in Indian Fisheries
India’s booming aquaculture industry, feeding millions and bringing economic prosperity, faces a hidden enemy: antimicrobial resistance (AMR). The overuse and misuse of antibiotics in fish farms are breeding superbugs, bacteria resistant to the very drugs meant to protect them. This silent crisis threatens not just fish health and future harvests,