Fisheries

Aquaculture exports boosted by exotic Vannamei shrimp

Vannamei, an exotic shrimp variety is boosting the aquaculture exports of India over the last few years. Pacific White Leg Shrimp (Vannamei) and Indian Black Tiger Shrimp (Penaeus monodon) are popular in USA, Europe and Japan markets despite the prevailing anti-dumping duty on frozen shrimp. The exotic vannamei variety is farmed mainly in states like Andhra Pradesh, Gujarat, Tamil Nadu and Odisha while Black Tiger Shrimp is mainly cultivated traditional ponds of West Bengal, Odisha and Kerala. India has produced 4.09 lakh tonnes of vannamei shrimp during 2015-16. The broodstock of vannamei variety is imported from abroad right now.
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Indian Seafood Industry to grow above 15% this fiscal

Indian Seafood industry is expecting a better growth rate of 15% this fiscal arising from the shortage in the global marine products market because South East Asian countries are yet to recover from the disease attack in the farms. India suffered a setback in 2015-16 when the seafood exports fell 10-15% % due to a production dip and sluggish prices. But now prices have improved encouraging the producers to increase supply. Even a major supplier like Ecuador, which was hit by an earthquake, may not achieve regular volume growth. In 2015-16, aquaculture production in the country dropped below 4 lakh tonnes as the prices fell. Scattered occurrence of diseases also hit the supply.
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US hikes anti-dumping duty on Indian shrimps

US government has raised the anti-dumping duty on import of frozen shrimps from India. The preliminary average duty has been increased to 4.89 per cent in 10th annual review of dumping duties, compared to 2.96 per cent in ninth review which covered February 1, 2013 , through January 31, 2014 . With India, being the largest exporter to US, where US contributes to 29% of total exports, they are expected to move other market which may not provide better realizations. Exports are expected to fall over the coming months and exporters may request a delegation from Ministry of Commerce to sort out the issues.
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    Apex Frozen Foods

    Apex Frozen Foods is setting up a 20,000 tons per annum shrimp processing unit at East Godavari District in Andhra Pradesh with an investment of Rs. 900 million. It may be noted

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    Arya Sea Foods Pvt Ltd

    Arya Sea Foods Pvt Ltd was incorporated in Aug 2014 and registered office located at Visakhapatnam, Andhra Pradesh. Board of Directors of the company are Mr. Y Venkata Susrutha,

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    Avanti Feeds Ltd

    Avanti Feeds is a manufacturer of Prawn and Fish Feeds and Shrimp Processor and Exporter from India. The company has established joint venture with Thai Union Frozen Products PC

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    Baby Marine Ventures

    Baby Marine Ventures? has more than 40 years in the highly competitive field of seafood export, Baby Marine Ventures has kept abreast of the latest technology and utilizes the b

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    Central Marine Fisheries Research Institute

    Central Marine Fisheries Research Institute was established by Government of India on February 3rd 1947 under the Ministry of Agriculture and Farmers Welfare and later it joined

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    Godavari Mega Aqua Food Park

    Godavari Mega Aqua Food Park Pvt Ltd (GMAFP) is set up at Bhimavaram of West Godavari District, Andhra Pradesh. Conceptualized as a Hub & Spoke Model, the Mega Food Park is cons