Growfish News Article - India Manages 7% Increase in Seafood Exports - India - Mar 21, 2003
 

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india - Mar 21, 2003
Source: seafood.com
India Manages 7% Increase in Seafood Exports

SEAFOOD.COM NEWS by Ken Coons - March 21, 2003
Despite little increase in its aquaculture sector because of disease and water shortages, India managed to export 7% more seafood products for the last nine months of 2002, compared with prior year. Exports for the nine month period were 322,783 tons valued at
Rs 49.39 billion. This export value was up 10% over the year-ago period, based on The Marine Products Export Development Authority (MPEDA)report.

According to Asia Pulse, the chairman of MPEDA, K Jose Cyriac, said that despite the provisional figures for January and February this year that show a slight fall in exports, overall seafood exports would reach the target of Rs 60 billion (US$1.26 billion) which is slightly above 2002. Total exports for 2002 were worth Rs 59.90 billion.

The U.S. is India's biggest export market for seafood followed by Japan and the EU.

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