July 3, 2015 8:23 AM

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India's Seafood exports touch all time high of Rs 33,441 crore

Seafood exports from the country touched an all time high of Rs 33,441 crore during the last financial year. According to the figures released by the Marine Products Export Development Authority, MPEDA, in Kochi, the marine product exports from India crossed all previous records in quantity, rupee value and dollar terms. Frozen shrimps continued to be the flagship product among Indian seafood exports by earning 67 per cent of the total value. According to MPEDA Chairperson Leena Nair, value added products will be determining the progress of seafood exports from our country in the coming years. Among states, Gujarat was in the first place in terms of quantity, while Andhra Pradesh was in first place in terms of value of exports. Kerala stood in the second place, both in terms of quantity and value of exports. According to MPEDA, quantity of seafood products exported from India during 2014-15 was 10.51 lakh tons with an increase of 6.86 per cent from the previous year. USA continued to be the largest market for Indian seafood products with a share of 26.46 per cent.

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