Monday, March 9, 2026
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Exports

Export: Envoys updated on seafood market plans

Fiinews by Fiinews
December 14, 2025
in Exports
Reading Time: 4 mins read
A A
0
MPEDA
0
SHARES
15
VIEWS
LinkedinShare on Twitter

MPEDA works on seafood export markets

The Department of Fisheries has held a series of meetings with the Embassies/High Commissions of Australia, New Zealand, Indonesia, Japan, Thailand, the United Kingdom and Russia for strengthening trade relations, value addition, quality assurance, biosecurity and quality compliance, cold-chain improvements, processing, automation, R&D collaboration, and training and capacity-building.

This update was given by the Ministry of Commerce & Industry on 12 Dec, pointing out that the Government has undertaken several initiatives to diversify markets and strengthen India’s seafood export sector https://www.commerce.gov.in/.

Overall, exports of seafood from India showed a healthy increase of 13.93% in value terms during the period from April to October 2025 compared to April to October 2024 – up from US$4,207.08 million to US$4,793.08 million.

The Marine Products Export Development Authority (MPEDA), a statutory body under the administrative control of Department of Commerce, is actively working to diversify seafood export markets by mounting trade delegations, organizing Buyer–Seller Meets, and participating in major international seafood fairs across Asia and Europe.

Reverse Buyer–Seller Meets in Chennai and New Delhi in 2025 facilitated over 100 buyer–exporter interactions. MPEDA is conducting sensitization programmes on various FTAs to help exporters utilize new opportunities. Efforts are being taken by the Department of Commerce to fast-track FTA negotiations, especially with the EU, to resolve market-access issues, said the Ministry https://www.bseindia.com/.

MPEDA operates a financial assistance scheme for the setting up of a mini laboratory in an approved processing plant and handling centre registered with MPEDA for testing fishery products. Under the scheme, financial assistance is released at a rate of 50% of the total cost incurred, subject to a maximum of Rs.5 Lakh to the applicant. This scheme helps registered seafood exporters to implement effective in-process quality control. MPEDA has supported 8 units under the scheme during the past 5 years with total financial assistance of Rs.24.07 lakhs https://www.nseindia.com/.

MPEDA’s Value Addition Scheme supports the establishment and upgradation of export-oriented facilities for value-added marine products across all coastal regions. The scheme promotes investment in seafood value addition, thereby strengthening India’s presence in global markets.

During the last five years, MPEDA has supported 83 units with total financial assistance of Rs.10,189.91 lakh.

MPEDA implemented SHAPHARI certification programme aligning with FAO guidelines to ensure disease-free & antibiotic-free shrimp seed & farm produce and to promote Better Management Practices. Certified hatcheries and farms enhance the credibility of shrimp exports, with exporters using the certification as a trusted document in trade. 50% of the Audit & Testing cost will be borne by the MPEDA for hatcheries & there is no audit/testing fee to be borne by the farmershttps://sbi.com.in/.

Currently, 16 hatcheries and 344.21 hectares of farm area are certified under Shaphari, supporting high-health shrimp production in India. MPEDA operates a financial assistance scheme for enhancing disease free production and assuring quality of produce. The total assistance provided during the past 5 years is Rs.328.995 lakhs for 84 beneficiaries.

The Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying is implementing the flagship scheme Pradhan Mantri Matsya Sampada Yojana (PMMSY) for a period of 5 years from FY 2020-21 to FY 2024-25, at a total outlay of Rs.20,050 crore.

Under this flagship scheme, 34,788 infrastructure units have been established with a budget allocation of Rs.2,403 crore. These include cold storage, retail and wholesale markets, fish kiosks, value-added product units, and post-harvest transportation facilities (refrigerated/ insulated vehicles, bikes, etc.) http://fieo.org.

Further, infrastructure support has been strengthened through the Fisheries and Aquaculture Infrastructure Development Fund (FIDF), which has supported 15 major projects worth Rs.208 crore, primarily focused on fish processing and cold-chain development.

The Department of Fisheries has conducted series of meetings with stakeholders for ensuring optimal utilization of Central Schemes such as Fisheries and Aquaculture Development Fund (FIDF) and Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY) for development of modern infrastructure, cold chain, hatcheries, processing, and value-chain efficiencies.

In the 56th GST Council Meeting held on 3 Sept 2025, the Government has approved the reduction of GST rates from 12-18% to 5% on over 20 fisheries and aquaculture-related products such as farm equipment, feed ingredients, water conditioners, fishing nets and value-added seafood products etc. This measure is expected to lower input costs, ease operational expenses, and enhance production, value addition, and competitiveness of Indian seafood, the Ministry said. fiinews.com

Tags: Ministry of Commerce and Industry
ShareTweetShare

Related Posts

PIB
Exports

Export: India-Finland to increase trade

by Fiinews
March 7, 2026
0
19

Pilot European Union Legal Gateway Office in India launched Prime Minister Narendra Modi and President of Finland Dr Alexander Stubb...

PIB
Exports

Export: Tokyo discussed Indian supplies potential

by Fiinews
March 6, 2026
0
16

Importance of harnessing full benefits of India-Japan CEPA highlighted Department of Commerce Secretary Rajesh Agrawal has held a series of...

GCC

Export: India-GCC negotiates FTA to boost trade

February 26, 2026
20
Federation of Israeli Chambers of Commerce

Export: India-Israel starts FTA talks in Delhi

February 26, 2026
16
The Indian Pharma Association

Export: India ships pharmaceuticals to 200 markets

February 23, 2026
16
PIB

Export: India-Brazil need stronger engagement

February 23, 2026
15
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Manufacture: RSL says IPO fund for market growth
  • Tech: Movate-Kahuna support deep AI services
  • Project: Standards issued for ‘Green energy’
  • Tender: Rs.33,500cr projects accelerates progress
  • Project: Sunsure to power Korean auto group

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.