India set for record shrimp exports this year

By

SeafoodSource staff

Published on
May 23, 2014

The year 2013-14 is turning out to be the best one in the history of marine product exports from India with shipments closing in on the figure of Rs 30,000 crore after having already clocked Rs 26,500 crore (USD 4.4 billion) by February 2014, as per initial reports. Global shortage for shrimps due to spread of disease in farms of South East Asia has proved to be a boost to the Indian seafood industry. 



India is one of the leading suppliers of shrimps in the world market. High prices have benefitted the industry as well as farmers. In 2012-13 , seafood exports touched Rs 18,856 crore (USD 3.5 billion). Of the total seafood exports, around 65 percent revenue has come from vannamei shrimp alone, majority of which has been grown in farms in Andhra, Tamil Nadu, West Bengal and Orissa.

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