India is capitalizing on its competitive edge in the fisheries sector by implementing rigorous quality standards and adhering to global regulations, rendering its aquatic products appealing to international markets. Government incentives supporting export-oriented production and collaborations with nations having robust seafood consumption serve as driving forces in this endeavour. A...
Vijay Kumar Yaragal, Executive Director, National Fisheries Development Board, discusses major challenges confronting Indian seafood exporters including logistical issues like shortage of containers, expensive flight connectivity, sluggish demand in overseas markets, stiff international competition, and lack of diversification of export markets. Over the last few decades, India has managed to...
Sustainable small-scale fisheries could be a major step towards attaining self-sufficiency and sustainability for India’s marine products sector. However, given the buy low-sell high dynamics of the sector and the post-pandemic impact, these fisheries require well-directed support through initiatives likes restructuring of loans, value addition and aggregation into FPOs. The...
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