Indian seafood exports surges by as much as 21% in Q1

The growth is recorded at a time when a ban from European Union (EU) is looming large over quality issues

Spurred by soaring demand for frozen shrimp and frozen squid in international markets, India’s marine product exports have surged  by more than 21 per cent to $1.42 billion during April-June 2017, from $1.17 billion recorded during the same quarter the previous fiscal.

The growth has been recorded at a time when a ban from European Union (EU), the third largest market of Indian seafood is looming large for quality issues.

“Healthy harvests of shrimp, drastic reduction in the rejection rate by the EU countries, sustained measures to ensure quality and improved infrastructure facilities for production of value added products were