Sharjah SAIF-Zone a gateway for Indian MSMEs
The Dollar Business Bureau The Federation of Indian Export Organizations (FIEO) said small and medium-sized enterprises (SMEs) can leverage Sharjah-based SAIF Zone & Hamriya Free Zone as a gateway to African and European markets. FIEO further said that tax-free export zone would offer immense global opportunities for SMEs in Andhra Pradesh (A.P). FIEO in association with SAIF Zone and AP Chamber of Commerce and Industry Federation (APCCIF), jointly organised a seminar at Vijayawada to help MSMEs in agriculture marketing, food processing and textile products in West Asia and in the North African (WANA) region. The seminar discussed various opportunities available to the exporters for exporting not only to GCC countries, but also to Africa and CIS by using SAIF Zone as the hub. Unni ...
Gadre Marine plans to double revenue this fiscal
The Dollar Business Bureau Gadre Marine Export Pvt Ltd aims to double the company’s revenue this financial year. This company is one among the leading producers of sea food in India. It also exports large quantities of packaged seafood from the country. Gadre Marine Export Chief Executive Officer Arjun Gadre said that the company has registered a revenue of Rs.550 crore in last fiscal year. The company targets to double its revenue by increasing its sales two-fold in the current fiscal. Gadre Marine Export has recorded a 50% year-on-year growth in the retail sea food industry of the country. During the previous fiscal, the company had reported its sales at 250 tonnes, and are planning to double its sales to 500 tonnes this fiscal, ...
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 ...
Will make AP the leading exporter of seafood: Chandrababu Naidu
The Dollar Business Bureau The Chief Minister of Andhra Pradesh, N Chandrababu Naidu, on Monday said that Andhra Pradesh has huge potential to transform as an aquaculture capital and marine processing hub of the country. Naidu said that he would make AP number one in terms of processing capacity, value-addition and export of seafood. The AP CM made these statements in response to the interest shown by the Australian companies to make investments in various sectors of the state. According to reports, Sean Kelly, Consul General of Australia, called on Chief Minister of Andhra Pradesh N Chandrababu Naidu and expressed Australia’s willingness to work with the AP government in promoting state’s aquaculture and dairy sectors. The official was quoted ...