India’s shrimp exports seen crossing Rs 50,000 crore this fiscal despite US tariff headwinds
The growth will be largely driven by higher realisations, supported by the sharp depreciation of the rupee against the US dollar and the euro.
The growth will be largely driven by higher realisations, supported by the sharp depreciation of the rupee against the US dollar and the euro.
The pact is expected to particularly benefit exports of shrimp, frozen fish, and value-added marine products—boosting India’s presence in one of its major seafood destinations alongside labour-intensive sectors like textiles, leather, and gems and jewellery.
The USA Department of State hasn't notified India as a certified nation for exporting wild- caught shrimp to the USA under Section 609 of US Public Law 101-162 because the TED as per the specification of US NOAA (National Oceanic & Atmospheric Administration) is not being used in Mechanical Trawler in India.
