Fisheries & Aquaculture
Fueling the Future of Global Protein Demand
World population is expected to reach 9.8 billion in 2050, implying a further increase in pressure on the existing food resources. Aquaculture sector can play a vital role in feeding the rising global demand for protein.
India is the 3rd largest producer of fish in the world and about 68% of India’s fish comes from the aquaculture sector. Moreover, India stands as the largest producer and exporter of culture shrimp in the world with exports worth $ 4.89 billion in FY2019.
India’s top export destinations for fish and fish products are China, USA, Southeast Asia, European Union, and Japan.
- India exported a total of $6.7 bn worth of fish and fish products in FY 2019
- India has seen a 19X increase in fish production from 0.75 MMT in FY 1950 to 14.16 MMT in FY 2019
- 74% of fish production was contributed by inland fisheries and the rest 26% was contributed by marine fisheries in FY2019
- 28 mn fishers and fish farmers are engaged at a primary level in the fisheries and aquaculture sector
100% FDI is allowed under the automatic route in pisciculture and aquaculture sector in India
For further details, please refer FDI Policy
Contribution of Aquaculture in India’s fish production in 2019
Average Annual Growth Rate of the sector in FY 2019
Contribution of the sector in Agriculture GVA in FY 2019
Largest culture shrimp producer and exporter
2nd largest aquaculture producing country
3rd largest fish producing country
- Industry Scenario
- FOREIGN INVESTMENT
- INDUSTRY TRENDS
- POLICIES & SCHEMES
Frozen Shrimp and Frozen Fish- Top Marine Exports of India
With the rising population, stress on existing resources is increasing tremendously to meet the growing demand for nutritional diet. Fisheries and Aquaculture sector plays a vital role in meeting this growing demand for protein.
India Specific Key Facts:
- 10.43 MMT Inland Fisheries production in FY 2019
- 3.72 MMT Marine Fisheries production in FY 2019
- $1.56 mn Export of Ornamental Fisheries in FY 2019
- Top exporting destination for Ornamental Fisheries: Thailand; UAE; Singapore; Hong Kong; China; Jordan; Taiwan
- States with major breeding units for Ornamental Fisheries: Tamil Nadu; Maharashtra; Kerala; Rajasthan; Madhya Pradesh; Himachal Pradesh; West Bengal
- 1548 total fish landing centres
- 654 Cold Storages with 402,949.38 MT of capacity
- 42 Chilled Storages with 23,267.80 MT of capacity
- 90 Dry Fish Storages with 30,151.92 MT of capacity
Fish is an affordable and rich source of protein, minerals and vitamins Changing lifestyle and food habits towards animal-based diet. Increasing demand for protein due to rising population.
Rich and diverse set of water resources implying diverse fisheries resources. 10 % of the global biodiversity in terms of fish and shellfish species found in India. 2.02 million sq.km EEZ & underutilized inland waters offer a huge potential.
Fisheries and Aquaculture Infrastructure Development Fund (FIDF)- INR 7522.48 Cr. Pradhan Mantri Matsya Sampada Yojana (PMMSY)- INR 20,500 Cr. Production Linked Incentive Scheme for Food Processing Industry- INR 10900 Cr. FDI Policy- 100% FDI allowed through automatic route in Pisciculture and Aquaculture.
Industrial Land Bank Portal
GIS - based map displaying available infrastructure for setting up business operations in the state.
Invest India closely works with
Government Ministry/ Department
- Department of Fisheries, Ministry of Fisheries, Animal Husbandry & Dairying, Government of India
- Ministry of Food Processing Industries (MOFPI), Government of India
- Marine Products Export Development Authority (MPEDA)
- National Fisheries Development Board (NFDB)
- National Institute of Fisheries Post Harvest Technology and Training (NIFPHATT)
- Coastal Aquaculture Authority (CAA)
- Rajeev Gandhi Centre for Aquaculture (RGCA)
- The Indian Council of Agricultural Research (ICAR)