Aquaculture registering rapid growth: Minister
PTI Aquaculture has seen exponential growth since 2009-10 in India with a projected export figure of $5.6 billion and the country could ambitiously target foreign exchange of $10 billion by 2020 through export, Karnataka Fisheries Minister Pramod Madhwaraj said. Inaugurating the three-day 'Aqua Aquaria India 2017' event, organised by Marine Products Export Development Agency in Mangaluru on Sunday, he said satellite imaging technology using GIS applications and mobile apps for real time monitoring had been introduced in the aquaculture sector for improved performance. The minister said AAI 2017 would help the farming community to identify priority areas and work towards future. Cultured shrimp now contributed over 70% in terms of quantity, about 80% in terms of export value ...
Aquaculture shrimps can help Indias seafood exports reach $10 billion by 2020: SEAI
States should emulate Andhra Pradesh, which by its spectacular aquaculture shrimp production, has enabled India to overtake Thailand as the largest supplier of shrimp to USA. The Dollar Business Bureau | @TheDollarBiz Concerns of over-fishing and climate change are forcing a change in production and exports of seafood products across the world. India is not unaffected. Abraham J. Tharakan, President, Seafood Exporters Association of India (SEAI) While Indias seafood exports have grown steadily to around $5 billion in FY2013-14, and are estimated to grow to $6 billion in FY2014-15, experts say that aquaculture is perhaps the only reliable way India can meet its seafood export target of $10 billion by 2020. Abraham J. Tharakan, President of the Seafood Exporters Association of India (SEAI), told ...
