India International Seafood Show to conclude today in Kolkata

Kolkata: The biggest Seafood Show in Asia, India International Seafood Show will conclude today in Kolkata. The three-day event organised by the Marine Products Export Development Authority MPEDA in association with the Seafood Exporters Association of India began on Wednesday. It featured a buyer-seller meeting with a particular focus on G20 countries. 

Inaugurating the event, Minister of State for Commerce and Industry Anupriya Patel said that India has set a target of achieving 14 billion dollars in exports of marine products by 2025 and efforts are being made to achieve the target.

Around five thousand



delegates from India and other countries are attending the event.

The Government in the latest Union budget announced a new sub-scheme named Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana and has allocated six thousand crore rupees. A custom duty benefit of 2.5 per cent is also proposed for inputs of shrimp feed.

During 2021-22, India exported over 13.5 lakh tons of marine products worth 7.76 billion dollars registering an all-time high export by value, while shrimp production crossed one million tons. Frozen shrimp remained the major export item in quantity and value.