India is now the fourth largest exporter of marine products, commerce and industry ministry said, with 130 countries importing Indian marine products in FY25, as against 105 in 2014-15.
In 2024-25, India exported 16.85 lakh metric tonnes (LMT) of marine products from 10.51 LMT in 2014-15. Backed by advancements in aquaculture practices, better cold chain infrastructure, and adherence to international quality norms, the country’s marine exports grew to $7.2 billion in 2024-25 from $5.4 billion in FY15.
“This expansion underscores the increasing global demand for Indian marine products and the efforts of exporters to tap into high-value markets,” said an official, adding that this diversification of export destinations mitigates market risks and opens up opportunities for long-term growth.
India’s ranking rose four notches from eighth in 2014-15 in marine product exports, signalling its growing competitiveness and credibility in the global market.
“Over the past decade, India’s marine exports have demonstrated a robust growth trajectory, both in volume and value terms, positioning the country as a key player in the global seafood trade,” said the official.
With a Compound Annual Growth Rate of 3.15% during this period, India has outpaced the global average growth rate of 2.7%, further solidifying its rising stature in the international seafood arena.
In 2024-25, India exported 16.85 lakh metric tonnes (LMT) of marine products from 10.51 LMT in 2014-15. Backed by advancements in aquaculture practices, better cold chain infrastructure, and adherence to international quality norms, the country’s marine exports grew to $7.2 billion in 2024-25 from $5.4 billion in FY15.
“This expansion underscores the increasing global demand for Indian marine products and the efforts of exporters to tap into high-value markets,” said an official, adding that this diversification of export destinations mitigates market risks and opens up opportunities for long-term growth.
India’s ranking rose four notches from eighth in 2014-15 in marine product exports, signalling its growing competitiveness and credibility in the global market.
“Over the past decade, India’s marine exports have demonstrated a robust growth trajectory, both in volume and value terms, positioning the country as a key player in the global seafood trade,” said the official.
With a Compound Annual Growth Rate of 3.15% during this period, India has outpaced the global average growth rate of 2.7%, further solidifying its rising stature in the international seafood arena.
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