Industry seeks anti-dumping duty on fishnets imports
The Dollar Business BureauIndian fishnet manufacturing industry has urged the Indian government to initiate anti-dumping investigation and impose an anti-dumping duty on imports of fishnet or fishing net from Bangladesh and China.Indian Fishnet Manufacturers Association, on the behalf of the fishnet producers, filed a petition before the Directorate General of Foreign Trade (DGFT) to identify, assess and collect anti-dumping duty on dumping of fishnets. Acting upon their requests, the authorities have initiated an investigation on whether the cheap imports from Bangladesh and China have caused a significant injury to the domestic industry.The authorities have assured the industry that in case of dumping, the government would initiate an anti-dumping duty, which would be adequate to remove the ‘injury’ to the domestic ...
Marine pisciculture stands at 35.83 lakh tonnes
Keywords: Marine, Marine Fish Production, EEZ, Fish Production, ICAR The Dollar Business Bureau India’s marine fish production during the last four years stood at 35.83 lakh tonnes (Provisional). In 2015-16 35.83 lakh tonnes (Provisional); 36.55 lakh tonnes (Provisional) in 2014-15; 34.39 lakh tonnes in 2013-14 and 33.20 lakh tonnes in 2012-13, a senior government official said on Tuesday. The potential yield for the Exclusive Economic Zone (EEZ) is estimated to be around 44.12 lakh tonnes last fiscal. The variations in marine fish production were attributed to various factors including changes in fishing gear dimensions, climate change, high fishing pressure, over capacity and pollution. MoS for Agriculture and Farmers Welfare Sanjeev Kumar Balyan said in Lok Sabha on Tuesday that “Deep-sea fishing vessels (DSFVs) in ...
Indias seafood exports post record growth of 60% in FY2013-14
Shrimps, particularly the L. Vannamei variety driving phenomenal growth of India’s seafood production and exports The Dollar Business Bureau | @TheDollarBiz India’s seafood exports grew at a record 60% y-o-y in FY2013-14, reaching around Rs.30,213.26 crore (almost $5 billion), compared to Rs.18,856.26 crore earned in the previous year, according to the Agriculture Ministry. Unit value of seafood exports have improved significantly and steadily in the recent years, reaching Rs.3,07,121.48 per tonne in FY2013-14, which is more than double the unit value of Rs. 1,48,113.16 per tonne seen in FY2009-10. Unit value of seafood exports grew by almost 50% Y-o-Y in FY2013-14 alone. Source - Ministry of Agriculture Higher returns have also led to robust growth in production which has grown ...
