Seafood exports may hit all-time high of $6 bn on strong volumes: MPEDA

Authority says new initiatives in aquaculture, such as AQF expansion, will be key to achieving $10 billion export goal by 2022

Marine exports from India are likely to cross $6 billion during 2017-18, with volumes reaching 1.27 million tonnes.

The official figures in exports are yet to be declared by the Marine Products Export Development Authority (MPEDA).

India exported seafood worth $5.64 billion during April-January of 2017-18, up 13.27 per cent from $4.98 billion a year ago.

“Marine exports from India are expected to touch an all-time high of more than $6 billion, with volumes reaching a record 1.27 million tonnes. Newer initiatives in aquaculture, such as AQF (Aquatic Quarantine Facility) expansion, will be key to achieving the target of $10 billion in marine