India exported nearly US$ 5.8 billion worth of food and beverage products to the US in 2024, with shrimp and prawn accounting for a major share. However, the US’s recent imposition of a 27% reciprocal tariff on Indian seafood threatens India’s dominance in this segment. As competitors like Ecuador and...
Faced with stringent timelines for its summer production cycle, the Indian shrimp industry suffered immense losses due to the lockdowns in the initial months of the pandemic. However, the industry has the opportunity to capitalise on an anticipated demand revival in the US as well as a possible uptick in...
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