Seafood exports fetch a record amount

For the first time ever, annual earnings from seafood exports have crossed the Rs 8,500-crore mark. In 2008-09, India exported 602,386 tonnes of seafood products worth Rs 8,592.08 crore ($1,905 million). This was second to the 612,641 tonnes recorded in 2006-07. The growth in marine exports from the country is promising as the global economic turmoil had badly hit prospects in the later half of the last financial year.

The exports recorded 11 per cent growth in volume terms from 541,701 tonnes in 2007-08 and 12.6 per cent rise in value against Rs 7,620 crore in 2007-08. Maharashtra topped the table of export earnings with 125,196 tonnes valued at Rs 1,654.85 crore.