Global shortage of farmed shrimp continues to boost India's seafood export prospects. After crossing the Rs30,000-crore mark last year, the shipments have shown nearly 30 percent rise till the end of July with vannamei shrimp bringing in a significant part of the revenue.
Frozen shrimp now accounts for 78 percent of the total seafood consignments from India, up from 71 percent in the same period last year. Another notable feature is that exports to the European Union and Middle East have increased during four months.
