Welcome to India’s premier and exclusive industry event for the Fishing, Seafood, Aquaculture & Marine Products sector, which is booming thanks to India’s Blue Revolution, ushered in by Hon. PM Shri Narendra Modi and Union Cabinet Minister for Fisheries, Shri Parshottam Rupala with – Union Ministers of State – Dr. Sanjiv Kumar Balyan and Dr. L Murugan in this sector. India today is the second-largest fish-producing nation in the world, making up 8% of the global production. Fisheries and aquaculture are crucial sources of food, nutrition, and national income, supporting nearly 3 crore fishers and fish farmers. Trinity – India’s premier producer of this event has over 25 years track record and along with the Chamber for Import, Export & Health is happy to play catalyst to the Government with two related exhibitions under 1 roof:

The 3rd SEAFOOD + AQUAMARINE PRODUCTS EXPO

The 9th GOA INTERNATIONAL BOAT & SHIPS SHOW

On display would be products, equipment, accessories & technologies such as boats, ships, fishnets, fishfeeds, ropes/lines, tanks/logistics, seafood processors, etc. The business visitors would be exporters, importers, breeders, seafood farmers, boat/ship owners, bulk buyers, hospitality decision-makers & all those in allied industries too. There would be a special pavilion for ORNAMENTAL FISH and ready-to-eat seafood too.

EARLIER @ SEAFOOD EXPO

SOME EXPO HIGHLIGHTS

Goa is India’s Most Ideal Boating, Water-sports, Seafood & Fishing Destination, and the Mormugoa Port makes it important from the Shipping, Aquaculture & Maritime Infrastructure Hub point of view. The venue – KALA ACADEMY is in the heart of the coastal state’s capital – PANAJI – and is internationally renowned. It has the greatest potential for domestic and international trade. It has a long standing & well-deserved reputation for attracting business visitors especially from the neighboring states of Maharashtra, Karnataka, Gujarat & other Southern & Western States, making it a gateway to the world’s largest market places.

SEAFOOD & AQUACULTURE POTENTIAL

The government created a dedicated Ministry for Fisheries, Animal Husbandry and Dairying in 2019 and also a Fisheries and Aquaculture Infrastructure Development Fund to develop the sector. Aquaculture is thus expected to grow at a phenomenal 44 per cent. The government has Initiatives, such as Pradhan Mantri Matsya Sampada Yojana (PMMSY), a scheme for the sustainable development of fisheries. The fishing industry has reported a double-digit average annual growth of 10.87% since 2014-15 and a record fish production of 161.87 lakh tons in 2021-22. Indian aquaculture has grown a six and a half times with freshwater aquaculture contributing 95% of the total aquaculture production.

India has a coastline/beachfront of over 8,118 kms, 2.02 million sq. km of EEZ, 0.5 million sq. km inland waterways. Continental shelf is estimated to have exploitable resources to the tune of 4.41 million tons of which about 3.40 million tons are presently exploited. The estimated potential brackish water area suitable for shrimp farming is about 1.2 million hectare of which around 14% is utilized for farming, producing about 5 lakh tons of shrimp and scampi which is going to the export basket. India’s seafood industry supplies to over 100 countries across the globe and attained an all-time record of US$ 7.76 billion worth seafood exports during 2021-22. India has world class seafood processing plants that follow quality control regimes compliant to stringent international regulatory requirement which has transformed India to the third largest fish producer, second largest aquaculture producer and the fourth largest seafood producer of the world.

ORNAMENTAL FISH

Under the PMMSY scheme over 2100 ornamental fish-rearing units have been approved, apart from covering over 46,000 rafts and more than 66,000 monoline tube nets to promote seaweed cultivation. MPEDA has initiated a programme for Green Certification of ornamental fishes. India’s share in global ornamental fish trade is negligible and is dominated by the wild caught species. This sector offers good opportunity for rural and urban households to augment income and link them to the International trade. The major scheme implemented is for infrastructure development for the breeding of good quality fish through financial assistance for the setting up of ornamental fish breeding units and thereby offers good opportunity to augment income and link them to the International trade. Employment generation in rural and semi-urban areas is another important objective of this scheme.

PRADHAN MANTRI MATSYA SAMPADA YOJANA (PMMSY)

Backed by highest-ever investment of Rs. 20,050 crore, PMMSY aims to plug critical gaps in infrastructure—right from production, technology use to post-harvest management. Under the scheme, robust physical infrastructure has taken concrete shape. In Inland fisheries, approved projects include 44,408 cages, 20,849 hectares for inland aquaculture, 11,940 re-circulatory aquaculture systems, 3,995 biofloc units, 2,855 hectares for inland saline-alkaline culture, 788 fish and 4 scampi hatcheries, and 14 brood banks. Additionally, it has approved 2,255 bio-toilets in fishing vessels, 1,518 open sea cages, 1,172 upgrades to existing fishing vessels, 463 deep-sea fishing vessels, and 1,380 hectares for brackish water aquaculture.

Under PMMSY, fishermen are also assisted with replacement boats and nets, a livelihood support during fishing ban or lean periods along with extension and support services through 2,494 Sagar Mitras and 79 Matsya Seva Kendras. Infrastructure services like fish vending centres, fish feed plants, cold storages, fish retail markets, and value-added enterprise units have also been put in place. To support aquatic health, 17 disease diagnostic centres and quality testing labs, 29 mobile centres and testing labs along with 5 aquatic referral labs have been established. Further, the Kisan Credit Card scheme has been extended to the fisheries sector enhancing the small farmers’ access to institutional credit.

In alignment with its idea of inclusive development, the government has extensively promoted growth of fisheries sector in the Northeastern region. A total project cost of Rs. 1,391 crore has been approved, including construction of new ponds, integrated fish farming, re-circulatory aquaculture systems, and ornamental fisheries units. To ensure that the benefits of PMMSY reaches every beneficiary, the government has a six-month long outreach initiative called Matsya Sampada Jagrukta Abhiyan. It covers 2.8 crore fish farmers and 3,477 coastal villages.

FRESH & BRACKISH WATER

India’s aquaculture production can be classified into freshwater and brackish water production. The freshwater aquaculture production in India comprises about 2.36 million HA of ponds and tanks and accounts for nearly 55% of the total fish production. The freshwater aquaculture comprises of the cultures of carp fishes, catfishes, prawns, pangasius, and tilapia. In addition, in brackishwater there are cultures of shrimp (tiger prawn (Penaeus monodon) and exotic whitelegshrimp (Penaeus vannamei) both of which form the bulk of aquaculture activity. Though India has huge Aquaculture resources, only 15% of the potential water resources are utilized, implying huge potential for the growth.

FROZEN SEAFOOD EXPORTS

Frozen shrimp continued to be the major item of export in terms of quantity and value, accounting for a share of 41.10 % in quantity and 68.46% of the total USD earnings. Shrimp exports during the year rose by 30.26% in quantity and 30.10% in USD value. Frozen Fish is the second largest export item, accounting to 25.64% in quantity and 10.35% in USD earnings. Export of Frozen fish showed a positive growth of 9.03% in USD terms. Frozen squid exports grew by 1.51% in quantity, but declined by 4.79%, and 0.93% in rupee value and USD earnings respectively. Export of Chilled items also improved in terms of quantity as well as in value, with a growth of 5.56%, 27.29% and 18.91% in terms of quantity, rupee value and USD earnings respectively. Unit value realization also improved by 12.65%. Export of Frozen Cuttlefish has shown a growth in exports by 9.26% in quantity, 21.19% in rupee value and 26.35% USD. The Unit value realization also improved by remarkably 15.64%.

The Indian Fish & Seafood market has witnessed enormous growth of over 10.87% per annum in 2019-20. Today, the market size is over INR 650 Billion and expected to reach INR 1950 Billion by 2027, growing at the rate of 18% CAGR. The fish & sea food industry also earned revenue of over INR 46662.85 Crore in 2019-20 through exports. Here are some highlights: