Aquaculture registering rapid growth: Minister
PTI Aquaculture has seen exponential growth since 2009-10 in India with a projected export figure of $5.6 billion and the country could ambitiously target foreign exchange of $10 billion by 2020 through export, Karnataka Fisheries Minister Pramod Madhwaraj said. Inaugurating the three-day 'Aqua Aquaria India 2017' event, organised by Marine Products Export Development Agency in Mangaluru on Sunday, he said satellite imaging technology using GIS applications and mobile apps for real time monitoring had been introduced in the aquaculture sector for improved performance. The minister said AAI 2017 would help the farming community to identify priority areas and work towards future. Cultured shrimp now contributed over 70% in terms of quantity, about 80% in terms of export value ...
Boosting ties with Pacific Island to open many trade avenues for India
The Dollar Business Bureau Prime Minister Narendra Modi with the delegates from Pacific Island Countries, in Jaipur on Friday. Economic cooperation between India and Pacific island countries has the potential to open a host of trade avenues, especially in marine resources, oil and natural gas sectors. Addressing the delegates at the Forum for India-Pacific Islands Cooperation (FIPIC) summit on Friday, Prime Minister Narendra Modi said, “The centre of gravity of global opportunities and challenges are shifting to the Pacific and Indian Ocean region.” An FIPIC trade office will open in New Delhi to strengthen regional trade. “We can support the development of micro, small and medium enterprises and will extend support for purchase of machinery for coconut processing and enhancing rice ...