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Business Standard
03-07-2025
- Business
- Business Standard
Tamil Nadu plans seafood exports of $5 bn, sets roadmap for blue economy
Tamil Nadu has set a 'massive target' of $5 billion in seafood exports annually and has a roadmap for it, said State Industry Minister T R B Rajaa on Thursday. Tamil Nadu has the second-longest coastline after Gujarat, but ranks seventh among seafood-exporting states after Andhra Pradesh, Gujarat, Karnataka, Kerala, Maharashtra and West Bengal. 'Tamil Nadu is charting an ambitious course to unlock our blue economy. We are setting a massive target for ourselves and the industry: $5 billion in seafood exports,' said Rajaa. The roadmap will focus on developing seafood infrastructure like processing units, cold chains and export-grade packaging facilities along the state's coastline. 'Our core idea is that we don't just want to be exporters of raw catch. Our goal is to add value right here within our coastal communities. This is also about creating better incomes, sustainable livelihoods, and stronger futures for our fishing communities,' he said. The roadmap was announced as the Marine Products Export Development Authority (MPEDA), which comes under the Union Commerce Ministry, organised the inaugural National Skill Olympiad on seafood value addition at the Seafood Expo Bharat in Chennai on Tuesday. India's seafood exports increased 3.71 per cent from 1.754 million tonnes in 2022–23 to 1.819 million tonnes in 2023-24. Tamil Nadu contributed 89,000.93 tonnes, almost 5 per cent. India's seafood industry faces global challenges. When President Donald Trump hiked tariffs, it cast a shadow over exports of aqua products to the US, which accounts for about 35 per cent of India's total seafood exports. In 2023–24, India exported 297,571 tonnes of frozen shrimp to the US, making it the largest market, followed by 148,483 tonnes to China, 89,697 tonnes to the European Union, and 52,254 tonnes to Southeast Asia. Shrimp accounts for 41 per cent of the volume and 66 per cent of the value of India's total marine exports. According to MPEDA, India exported 716,004 tonnes of frozen shrimp worth $4.88 billion in 2023-24.
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Business Standard
03-07-2025
- Business
- Business Standard
Tamil Nadu targets $5 bn seafood exports with major boost to blue economy
The government of Tamil Nadu is set to roll out a comprehensive roadmap to revive the state's seafood exports, with an ambitious target of $5 billion, State Industry Minister TRB Rajaa said on Thursday. Despite having the second-longest coastline in India after Gujarat, Tamil Nadu currently ranks seventh among seafood-exporting states, behind Andhra Pradesh, Gujarat, Karnataka, Kerala, Maharashtra, and West Bengal. Modern infrastructure, value addition key to revival 'With the second-longest coastline in India and rich marine wealth, Tamil Nadu is charting an ambitious course to unlock our blue economy. We are setting a massive target for ourselves and the industry: $5 billion in seafood exports,' said Rajaa. The roadmap will focus on developing end-to-end seafood infrastructure, including modern processing units, efficient cold chains, and export-grade packaging facilities across the state's coastline. 'Our core idea is that we don't just want to be exporters of raw catch. Our goal is to add value right here within our coastal communities. This is also about creating better incomes, sustainable livelihoods, and stronger futures for our fishing communities,' he added. MPEDA launches Olympiad to promote skills in value addition The initiative comes as the Marine Products Export Development Authority (MPEDA), a statutory organisation under the Department of Commerce, organised the inaugural National Skill Olympiad on seafood value addition. The event was held on Tuesday at the Seafood Expo Bharat in Chennai. The Olympiad, a first-of-its-kind initiative by MPEDA, aims to promote value addition in seafood exports and to build a skilled workforce in the sector. India's shrimp exports dominate, U.S. remains top market Seafood exports from India rose from 1.754 million tonnes in 2022–23 to 1.819 million tonnes in 2023–24, registering a 3.73 per cent growth in quantity. Tamil Nadu contributed 89,000.93 tonnes to the total during the year. India's seafood industry faces significant global challenges. When the Donald Trump administration announced a hike in tariffs, it cast a shadow over exports of aqua products to the U.S., which accounts for about 35 per cent of India's total seafood exports. In 2023–24, India exported 297,571 tonnes of frozen shrimp to the U.S., making it the largest market, followed by 148,483 tonnes to China, 89,697 tonnes to the European Union, and 52,254 tonnes to Southeast Asia. Shrimp account for 41 per cent of the volume and 66 per cent of the value of India's total marine exports. According to MPEDA, India exported 716,004 tonnes of frozen shrimp worth $4.88 billion in 2023–24, with the U.S. alone absorbing nearly 297,571 tonnes.
The Hindu
06-06-2025
- Business
- The Hindu
Seafood value addition olympiad held in Visakhapatnam
Visakhapatnam The Marine Products Export Development Authority (MPEDA)organised the inter-State skill olympiad on Seafood Value Addition — preliminary round (zone II - East Coast) for seafood processing professionals at the National Institute of Fisheries Post Harvest Technology and Training, on Thursday. The event featured a display of seafood products—including Nobashi shrimp (stretched shrimp), Breaded Butterfly shrimp, Peeled and Deveined Tail-On Skewer shrimp, Cooked PDTO shrimp, Marinated PD Tail-Off shrimp, and Cooked PDTO Ring shrimp. Cephalopod products included Blanched Squid Rings and Breaded Squid Rings, while the fish category showcased fish fillets and breaded fish fillets. Inaugurating the event, MPEDA Secretary P. Anilkumar said that the event is in line with the Centre's Viksit Bharat 2047, and its objective was to enhance skills in seafood processing, build a pool of trained professionals and create awareness about quality and value addition in seafood products. Former Seafood Exporters Association of India (SEAI) president V. Padmanabham, who was chief guest, spoke about the challenges being faced by the seafood industry. As many as 20 skilled seafood professionals from across the East Coast participated in the olympiad and prepared 10 value-added seafood products from shrimps, squid and tilapia. It witnessed the participation of officials from Central and State organisations, researchers, exporters, processing workers, and students. The winners of the event were Tarun Kishore Behera (first), Atanu Choudhary (second), Sandhya Rani Palaparthi (third), Probin Chandra Gosh (fourth), and D. Anitha (fifth).
Economic Times
21-05-2025
- Business
- Economic Times
Billion-dollar catch: India has the potential to create an IPL out of aquaculture
iStock Despite the opening up of foreign direct investment (FDI) in aquaculture, this avenue remains unexploited by established aquaculture and mariculture companies. India's seafood exports at current prices (in value terms) grew by 67.75% to $7.38 billion in 2023-24 from $5 billion in 2013-14. During the same period, the export of frozen shrimps, which are India's flagship seafood product, alone increased by 65.57%—rising from $3.2 billion to $4.88 billion—while the exports of other seafood items together grew just 38%—from $1.8 billion in 2013-14 to $2.5 billion in data suggest that frozen shrimps will remain the flagship product of India's seafood exports for the foreseeable future. The key component that enables quick supply response to market demand is inventory, along with the ability to step up production on short notice. Indian farmed production of P. vannamei (Pacific white shrimp) increased from 1731 tonnes in 2009-10 to 815,745 tonnes in 2021-22. In contrast, the production of farmed P. monodon (black tiger shrimp) declined from 95,919 tonnes to 27,616 tonnes during the same period. This implies that around 8.5 lakh tonnes were available for the market in 2021-22. According to data from the Marine Products Export Development Authority (MPEDA), India exported 7.28 lakh tonnes of shrimp in 2021-22 and 7.16 lakh tonnes in 2023-24. Assuming 7 lakh tonnes are exported annually, the domestic market is left with 1 lakh tonne of farmed shrimp for local consumption. It is only the low-count shrimp that remains behind, serving the domestic market. Data also indicates that there has not been any notable increase in production in recent years that could help diversify the export enhancements happen through horizontal expansion in areas where suitably identified land is available. The area under P. monodon has declined to 27,616 per hectare (ha) in 2021-22 from 95,919 ha in 2009-10, while the area under P. vannamei increased to 815,745 ha in 2020-21 from 1,731 ha in 2009-10. In 2020-21, the yield of P. mondon was 0.47 tonnes per ha, while the yield of P. vannamei was 7.52 tonnes per ha. A cursory examination of the data shows that there has not been a remarkable expansion in either area or yield in the recent enhancements in shrimp can happen through the widespread adoption of modern technologies like Recirculatory Aquaculture System (RAS) and Biofloc. It is distressing that Biofloc has not been extensively adopted despite its cost advantage compared to pond culture. Government initiatives like the Prime Minister Matsya Kisan Samridhi Sah Yojana (PMMKSSY) could take the lead in training entrepreneurs at various levels in advanced production technologies and financial products through Krishi Vigyan Kendras (KVKs) and PPP the opening up of foreign direct investment (FDI) in aquaculture, this avenue remains unexploited by established aquaculture and mariculture companies across the world. FDI in a sensitive sector, like aquaculture, can happen when the investment climate is favourable. Besides the investment climate, having a critical mass of technically competent personnel to service the sector is essential. The late Apple co-founder Steve Jobs stated that it is the availability of this mass of skilled workers that makes China an MFN (most favoured nation) for investments in any sector. There is an urgent need to rewire fisheries education to meet the requirements and demands of the fisheries and aquaculture production sector. It is heartening to note that 35,000-40,000 tonnes of shrimp are currently being exported to the US market following a pause in the 26% reciprocal tariffs levied by the US. However, it is important for the Indian shrimp sector to explore new opportunities by investing in shrimp farming in Central American countries. This would allow them to benefit from the lower US tariffs and gain a cost advantage in logistics. The increase in the US tariff on Ecuadorian seafood has resulted in a decline, while Chinese seafood exporters to the US are facing significant challenges, benefiting select Southeast Asian countries in the medium term for value-added shrimp and tilapia urban and peri-urban markets are indeed responding to farmed shrimp consumption and must be necessarily serviced. However, it is essential to maintain a competitive edge in the export market by increasing market diversification and penetration, diversifying product composition, and attracting foreign investments for production to ensure a steady influx of foreign exchange. Corporate business houses must be invited and encouraged to take a long look at the potential of aquaculture, take initiative and lead the way. India has the potential to create an IPL out of aquaculture. Play it now. Dr M Krishnan is former Principal Scientist & Head, ICAR - Central Institute of Fisheries Education, Mumbai; and Dr Badri Narayanan Goplakrishnan is a Visiting Senior Fellow at CSEP, New Delhi. Views are personal. (Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of
Time of India
21-05-2025
- Business
- Time of India
Billion-dollar catch: India has the potential to create an IPL out of aquaculture
Live Events India's seafood exports at current prices (in value terms) grew by 67.75% to $7.38 billion in 2023-24 from $5 billion in 2013-14. During the same period, the export of frozen shrimps, which are India's flagship seafood product, alone increased by 65.57%—rising from $3.2 billion to $4.88 billion—while the exports of other seafood items together grew just 38%—from $1.8 billion in 2013-14 to $2.5 billion in data suggest that frozen shrimps will remain the flagship product of India's seafood exports for the foreseeable future. The key component that enables quick supply response to market demand is inventory, along with the ability to step up production on short notice. Indian farmed production of P. vannamei (Pacific white shrimp) increased from 1731 tonnes in 2009-10 to 815,745 tonnes in 2021-22. In contrast, the production of farmed P. monodon (black tiger shrimp) declined from 95,919 tonnes to 27,616 tonnes during the same period. This implies that around 8.5 lakh tonnes were available for the market in 2021-22. According to data from the Marine Products Export Development Authority (MPEDA), India exported 7.28 lakh tonnes of shrimp in 2021-22 and 7.16 lakh tonnes in 2023-24. Assuming 7 lakh tonnes are exported annually, the domestic market is left with 1 lakh tonne of farmed shrimp for local consumption. It is only the low-count shrimp that remains behind, serving the domestic market. Data also indicates that there has not been any notable increase in production in recent years that could help diversify the export enhancements happen through horizontal expansion in areas where suitably identified land is available. The area under P. monodon has declined to 27,616 per hectare (ha) in 2021-22 from 95,919 ha in 2009-10, while the area under P. vannamei increased to 815,745 ha in 2020-21 from 1,731 ha in 2009-10. In 2020-21, the yield of P. mondon was 0.47 tonnes per ha, while the yield of P. vannamei was 7.52 tonnes per ha. A cursory examination of the data shows that there has not been a remarkable expansion in either area or yield in the recent enhancements in shrimp can happen through the widespread adoption of modern technologies like Recirculatory Aquaculture System (RAS) and Biofloc. It is distressing that Biofloc has not been extensively adopted despite its cost advantage compared to pond culture. Government initiatives like the Prime Minister Matsya Kisan Samridhi Sah Yojana (PMMKSSY) could take the lead in training entrepreneurs at various levels in advanced production technologies and financial products through Krishi Vigyan Kendras (KVKs) and PPP the opening up of foreign direct investment (FDI) in aquaculture, this avenue remains unexploited by established aquaculture and mariculture companies across the world. FDI in a sensitive sector, like aquaculture, can happen when the investment climate is favourable. Besides the investment climate, having a critical mass of technically competent personnel to service the sector is essential. The late Apple co-founder Steve Jobs stated that it is the availability of this mass of skilled workers that makes China an MFN (most favoured nation) for investments in any sector. There is an urgent need to rewire fisheries education to meet the requirements and demands of the fisheries and aquaculture production is heartening to note that 35,000-40,000 tonnes of shrimp are currently being exported to the US market following a pause in the 26% reciprocal tariffs levied by the US. However, it is important for the Indian shrimp sector to explore new opportunities by investing in shrimp farming in Central American countries. This would allow them to benefit from the lower US tariffs and gain a cost advantage in logistics. The increase in the US tariff on Ecuadorian seafood has resulted in a decline, while Chinese seafood exporters to the US are facing significant challenges, benefiting select Southeast Asian countries in the medium term for value-added shrimp and tilapia urban and peri-urban markets are indeed responding to farmed shrimp consumption and must be necessarily serviced. However, it is essential to maintain a competitive edge in the export market by increasing market diversification and penetration, diversifying product composition, and attracting foreign investments for production to ensure a steady influx of foreign exchange. Corporate business houses must be invited and encouraged to take a long look at the potential of aquaculture, take initiative and lead the way. India has the potential to create an IPL out of aquaculture. Play it M Krishnan is former Principal Scientist & Head, ICAR - Central Institute of Fisheries Education, Mumbai; and Dr Badri Narayanan Goplakrishnan is a Visiting Senior Fellow at CSEP, New Delhi. Views are personal.
