19.1 C
Delhi
Saturday, November 22, 2025

India Aims for ₹1 Lakh Crore Seafood Exports by 2030

India Targets ₹1 Lakh Crore Seafood Exports by 2030

India has announced an ambitious target to increase seafood exports to ₹1 lakh crore by 2030, as revealed by the Ministry of Fisheries, Animal Husbandry & Dairying during World Fisheries Day celebrations.

Key Highlights

  • Seafood export target: ₹1 lakh crore by 2030
  • 30% of exports to come from high-value products
  • Fish production doubled in last decade (96L to 195L tonnes)
  • Sector supports 3 crore livelihoods

Major Policy Initiatives Launched

The government released the National Framework on Traceability in Fisheries and Aquaculture 2025, along with new guidelines and standard operating procedures to modernize the fisheries value chain.

Union Minister Rajiv Ranjan Singh emphasized that innovation, traceability, packaging, and brand-building are crucial for strengthening India’s global competitiveness. He described the traceability framework as a “game-changing reform” that would help fishers secure better returns.

Remarkable Growth Achievements

Minister of State George Kurian revealed that India has doubled fish production from 96 lakh tonnes to 195 lakh tonnes over the past decade, supported by ₹38,572 crore investments under initiatives like PMMSY.

Fisheries Secretary Dr. Abhilaksh Likhi reported that seafood export volume reached 16.85 lakh tonnes in FY 2024-25, marking an 88% increase over the last ten years.

Future Roadmap and Sustainability

The government aims to ensure that 30% of seafood exports by 2030 come from high-value and value-added products. Prof. S.P. Singh Baghel highlighted that GST reforms, digital processes, and expansion in registered exporters have significantly improved the business environment.

Ecological sustainability remains a priority, with ongoing marine mammal studies and adoption of Turtle Excluder Devices to protect marine life while maintaining production growth.

Latest

Rajasthan Freezes Industrial Land Rates, Offers Up to 40% Discount

Rajasthan's new RIICO land policy freezes rate hikes and provides graded discounts to boost industrial investment and MSME growth across the state.

Indian Railways Crosses 1 Billion Tonne Freight Loading Milestone

Indian Railways achieves record 1020 million tonnes freight loading in 2025-26, boosting economic growth and sustainable logistics with improved operational efficiency.

Nvidia’s Strong Earnings Fail to Ease AI Bubble Concerns

Nvidia reports 60% growth and $65B Q4 projection, but stock dips as investors question AI sustainability amid $3-4 trillion spending forecasts.

Byju Raveendran Ordered to Pay $1.07 Billion in US Court Ruling

US bankruptcy court holds Byju's founder personally liable for fund movements from company's US arm. Raveendran denies allegations and plans appeal.

Byju Raveendran Ordered to Pay $1 Billion in US Court Default Ruling

US court holds Byju Raveendran personally liable for $1+ billion in funds movement and concealment case filed by BYJU's Alpha and GLAS Trust Company.

Topics

Google Denies Using Gmail Emails to Train Gemini AI Model

Google officially refutes viral claims that Gmail uses personal emails for Gemini AI training, clarifying distinction between smart features and AI model development.

Rajasthan Freezes Industrial Land Rates, Offers Up to 40% Discount

Rajasthan's new RIICO land policy freezes rate hikes and provides graded discounts to boost industrial investment and MSME growth across the state.

M3M India Family Office Acquires NCR Pickleball League Franchise

M3M India expands beyond real estate with strategic investment in Indian Pickleball League's NCR franchise, Capital Warriors Gurgaon, tapping into 26% CAGR growth market.

Nothing Phone 3a Lite India Launch: Date, Price, Specs

Nothing Phone 3a Lite launches November 27 in India with transparent design, Glyph interface, and MediaTek Dimensity 7300 Pro. Expected price ₹24,000-28,000.

India’s Labour Code Overhaul: 29 Laws Merged, Workforce Hits 64.33 Crore

India consolidates 29 labour laws into 4 codes, expanding workforce to 64.33 crore while unemployment drops to 3.2%. Learn how this impacts workers and businesses.

Croma Black Friday Sale: iPhone 16, Pixel 10 Deals with Rs 11,000 Off

Save up to Rs 11,000 on premium smartphones at Croma Black Friday sale. Get iPhone 16, Google Pixel 10, Samsung Galaxy S24 with bank discounts and exclusive offers.

Indian Railways Crosses 1 Billion Tonne Freight Loading Milestone

Indian Railways achieves record 1020 million tonnes freight loading in 2025-26, boosting economic growth and sustainable logistics with improved operational efficiency.

Elon Musk Updates Grok AI After Controversial Praise Responses

Grok 4.1 gets accuracy improvements after generating absurd flattery about Musk, including fitness comparisons to LeBron James and Mike Tyson.
spot_img

Related Articles

Popular Categories

spot_imgspot_img