Indian Seafood industry and post WTO – A Policy Outlook

TL;DRAbstract

India plays a major role in the global seafood export among the Asian countries. The
\nmarine products exports from India reached 8 lakh tonnes worth 2.8 billion US $ in 2010-11
\nand registered an impressive double digit growth rate since 2007-08. India exports frozen
\nshrimp, squids and finfish in dried, live and chilled forms to different destinations. With the
\ncurrent demand pattern of major seafood markets and with modern machinery for freezing
\nand processing, several exporting firms have started development and exports of processed
\nvalue added products. Among the different items exported, frozen shrimp and frozen fin fish
\naccounted for about 75 per cent of the total volume of sea food exports from India. Even
\nthough frozen shrimp contributed only 19.24 per cent of the total volume of seafood
\nexports, its share in the total value was 41.62 per cent in 2010-11. Frozen fish occupies
\nprime position in terms of quantity, however i

Chat with Paper

AI Agents for this Paper