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.
TN government is planning to set up a tuna fishing harbour north of Chennai near Thiruvottiyur in Tamil Nadu. The ...Read More
Kerala Shipping and Inland Navigation Corporation (KSINC) has tied up with U.S. firm EMCC International India Pvt Ltd to set ...Read More
Gujarat government through its Commissionerate of Fisheries is planning to develop a fishery port in Navabandar in Gir Somnath district ...Read More
Union government is providing financial assistance given to states during the last three years for improving fishing infrastructure and strengthening ...Read More
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
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: Amar Sagar Sea Foods Pvt Ltd OldName: Group : Address: Corp Office Survey No.29, Jawar Naka, Porbandar City: ...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: Blue Park Sea Foods Pvt Ltd OldName: Group : Address: Corp Office 5-85, Kurmadalli Pamaruu Mandal City: Kurumaddali ...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: Britto Seafood Exports Pvt Ltd OldName: Group : Address: Corp Office C-1 Part, SIPCOT Industrial Complex City: Tuticorn ...Read More
Company Name: Cap Seafoods Pvt Ltd OldName: Group : Address: Corp Office 1/71, Vypeen Island, Azheekal, Opp St Jacob Church ...Read More