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 ...
