India's Seafood Exports Soar: Global Competitiveness and Diversification Drive Growth

• India's fisheries sector is a major contributor to food security, employment, and exports, backed by a ₹39,272 crore government investment since 2015.
• The sector supports nearly 30 million fishers and farmers, with India ranking as the second-largest aquaculture producer globally, accounting for 8% of global fish production.
• Seafood exports have more than doubled from ₹30,213 crore in 2013-14 to ₹62,408 crore in 2024-25, driven largely by shrimp exports.
• The US is the largest export destination (36.42%), followed by China, EU, Southeast Asia, Japan, and the Middle East, with over 350 product varieties shipped to 130 global markets.
• Government initiatives like PMMSY and focus on value-added products, market diversification, and sustainability standards aim to position India as a premium seafood exporter.

Key Questions Answered

How will India expand its seafood export markets?

India plans to expand its seafood export markets by diversifying its export basket and aligning with international regulations.

What new products will boost India's seafood exports?

India is actively pursuing diversification of its seafood export basket to reduce over-dependence on specific commodities and increase its global market presence.

Will sustainability efforts impact fishing communities?

Yes, sustainability efforts and related issues like fuel costs and environmental impacts can significantly affect fishing communities.