Indian Seafood Industry
Indian Seafood Industry – An Overview
India is blessed with a coastline of over 8,118 kms, 2.02 million sq. km of EEZ, 0.5 million sq. km. Continental shelf estimated to have exploitable resources to the tune of 4.41 million tons of which about 3.40 million tons are presently exploited. The estimated potential brackish water area suitable for shrimp farming is about 1.2 million hectare of which around 14% is utilized for farming, producing about 5 lakh tons of shrimp and scampi which is going to the export basket.
India’s seafood industry has become one of the leading suppliers of quality seafood to over 100 countries across the globe. In fact, the industry had attained an all-time record of 7.76 billion US$ worth Seafood Exports during the Financial Year 2021-22. India has world class seafood processing plants that follow quality control regimes compliant to stringent international regulatory requirement which has transformed India to the third largest fish producer, second largest aquaculture producer and the fourth largest seafood producer of the world.