India is the second largest fishery industry in the world after China, contributing to 5.43% of global fish production. India is also a major aquaculture industry . Fisheries being one of the promising sectors of agriculture and allied activities in India, a growth target rate of 6 per cent was fixed by the Union Government.
The ‘fisheries and aquaculture sector’ is recognized as the sunshine sector in Indian agriculture. It drives growth in a number of subsidiary sector and is the source of livelihood for a large section of economically backward population, especially fishermen, of the country. It helps in increasing food supply, generating adequate employment opportunities and raising nutritional level. It has a huge export potential and is a big source of foreign exchange earnings for the country
But, there are several challenges and issues facing the fisheries development in the country, such as, accurate data on assessment of fishery resources and their potential in terms of fish production; development of sustainable technologies for fin and shell fish culture; yield optimisation; harvest and post-harvest operations like cold storage facilities; landing and berthing facilities for fishing vessels and welfare of fishermen; etc.
Foreign equity is permitted in fish processing sector. Fish processing projects with a minimum of 20 per cent value addition can be set up as 100 per cent Export Oriented Units. All items can be exported freely except for silver pomfrets of weight less than 300 grams. MPEDA is the authority which regulates the export of fisheries, which is based in Kochi.
Department of Fisheries, Tamil Nadu is planning to develop an integrated fishing harbour at Thengapattinam in Kanniyakumari district of Tamil ...Read More
Indian government is set to levy 5% GST on fish food from October 2019. The move which was exempted from ...Read More
Maharashtra government has signed an agreement with the Central Institute of Brackishwater Aquaculture (CIBA) to boost farmed fish production. The ...Read More
Tamil Nadu Small Industries Development Corporation (SIDCO) has set up an integrated seafood park at Sakkarakottai in Ramanathapuram district of ...Read More
FSSAI has issued a directive which fixes the limits of formaldehyde in fish and fisheries products. It has stated that ...Read More
Marine Products Export Development Authority is planning to set up a hatchery in Vageshwer village in Vengurula taluk in Sindhudurg ...Read More
List of All Companies Operating in Fishery Sector in India
Company Name: Acewin Agriteck Ltd OldName: Group : Address: Corp Office Unit # 1, 4th Floor, Pinnacle, Ascendas International Tech ...Read More
Company Name: Apex Frozen Foods OldName: Group : Address: Corp Office 3-160, Panasapadu, Kakinada, City: Kakinada 533005 East Godavari Andhra ...Read More
Company Name: Arya Sea Foods Pvt Ltd OldName: Group : Address: Corp Office D No. 9-14-10, 1st Floor, VIP Road ...Read More
Company Name: Avanti Feeds Ltd OldName: Group : Address: Corp Office G-2, Concorde Apartments, 6-3-658, Somajiguda, City: Hyderabad 500082 Rangareddy ...Read More
Company Name: Baby Marine Ventures OldName: Group : Address: Corp Office 6th Floor, Compass Commercial Complex, Chakkaraparambu, Vytilla – Palarivattom ...Read More
Company Name: BMR Industries Ltd OldName: Group : Address: Corp Office S-10, C Block, Second Floor, TNHB Complex, 4/180, Luz ...Read More
Company Name: Central Marine Fisheries Research Institute OldName: Group : Address: Corp Office Post Box No. 1603, Ernakulam North P.O., ...Read More
Company Name: Devi Fisheries Ltd OldName: Group : Address: Corp Office 7-8-20/1, Kasturiba Marg Near Ramakrishna Mission City: Visakhapatinam 530003 ...Read More
Company Name: Devi Sea Foods Ltd OldName: Group : Address: Corp Office 9-14-8/1,C.B.M.Compound, City: Visakhapatinam 530003 Visakhapatnam Andhra Pradesh Tel: ...Read More
Company Name: Godavari Mega Aqua Food Park OldName: Group : Ananda Group Address: Corp Office Bhimavaram - Narasapuram Road City: ...Read More