Finance Minister Nirmala Sitharaman presented several initiatives aimed at boosting India’s seafood sector in Union Budget 2024-25. Despite various challenges in significant export markets, India’s seafood exports touched an all-time high in volume in FY 2023-24, shipping 17, 81,602 MT of seafood worth US$ 7.4 billion. The overall budget of...
Jagdish Fofandi, National President of Seafood Exporters Association of India, opines that the domestic fisheries industry would have been at an advantage, had we been included in the RCEP idea since India is not a large-scale importer of seafood and India faces stiff competition from competitors like Vietnam, Thailand, Indonesia....
India Business & Trade is a thought leadership initiative of the Trade Promotion Council of India, a premier trade promotion body recognised by the Department of Commerce, Government of India.
India Business & Trade
M-62, Saket, New Delhi-110064, India
Stay ahead in the dynamic world of trade and commerce with India Business & Trade’s weekly newsletter.
Copyright © 2026 India Business & Trade. All Rights Reserved
