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India Aims To Double Marine Product Exports To Rs 1 Lakh Cr In 5 Years: Goyal

"This target will be achieved through sustainable fishing, ensuring quality and variety, promotion of coastal shipping and aquaculture and by supporting the entire fisheries ecosystem," Goyal said

Photo Credit : Piyush Goyal's Youtube

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India is aiming to double the marine product exports to Rs 1 lakh crore from the present above Rs 50,000 crore within the next five years, said Union Minister Piyush Goyal in Kochi on Monday. 

"This target will be achieved through sustainable fishing, ensuring quality and variety, promotion of coastal shipping and aquaculture and by supporting the entire fisheries ecosystem," Goyal said. 

Earlier, the Goyal had an interaction with the Seafood Exporters Association of India (SEAI) at the Marine Products Export Development Authority (MPEDA) on various issues, challenges and solutions facing the sector. 

He also met with fishermen from Kerala, Tamil Nadu, Puducherry and Karnataka. 

He assured interventions from the Ministry to minimise the hurdles on the import of raw materials for value addition so that India can be transformed into a seafood processing hub in the near future.

Goyal also urged the exporters to educate, assist and encourage fishermen to follow sustainable measures in fishing and also to preserve the quality of the catch so that it will fetch better returns. Indian missions abroad have been geared up to help exporters in expanding their trade, he added.


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ministry of commerce and industry piyush goyal