Indian Shrimp Exporters Face ₹600 Crore Loss as US Imposes Additional Tariffs
The recent imposition of a 26% tariff on Indian shrimp exports to the United States has sent shockwaves through India’s seafood industry. With the financial impact of these tariffs estimated at a staggering ₹600 crore, Indian shrimp exporters are grappling with the looming consequences of the US’s decision. This move,
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
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
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 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
India Assumes Chairmanship of Bay of Bengal Inter-Governmental Organisation
New Delhi, India – February 22, 2025 India has officially taken over the chairmanship of the Bay of Bengal Inter-Governmental Organisation (BOBP-IGO) from Bangladesh during the 13th Governing Council Meeting held in Malé, Maldives. This transition marks a significant moment for regional fisheries management and underscores India’s commitment to sustainable
14th Asian Fisheries and Aquaculture Forum Convenes in New Delhi, India
New Delhi, India – February 12-15, 2025 The 14th Asian Fisheries and Aquaculture Forum (14AFAF), a triennial scientific forum organized by the Asian Fisheries Society, took place in New Delhi, India, from February 12 to 15, 2025. This event served as a crucial platform for discussing global trends and addressing
India’s Culinary Exports Soar: Seafood and Wine Take Center Stage on Global Platform
In a remarkable display of India’s growing international trade prowess, the country has witnessed a significant surge in seafood and wine exports, showcasing its culinary excellence on the global stage. The Ministry of Commerce and Industry revealed impressive statistics that highlight the nation’s expanding agricultural and marine product sectors. At
Tripura Partners with Tata Technologies to Revolutionize ITI Training for a Skilled Workforce
In a significant step towards enhancing vocational education and employability in Tripura, the state government has signed a groundbreaking agreement with Tata Technologies to upgrade 19 Industrial Training Institutes (ITIs) across the state. This ambitious initiative, valued at ₹683.27 crore, aims to modernize training facilities and equip students with cutting-edge