Modi government sets ₹1L crore target for India's seafood exports
12 Apr 2026

India's seafood exports have witnessed a massive surge, crossing ₹62,408 crore in the fiscal year 2024-25.

This is more than double the value of marine product exports from ₹30,213 crore in 2013-14.

The growth has been largely driven by shrimp exports worth ₹43,334 crore.

Now, exporters have been urged to adopt an open-market approach and work toward achieving a target of ₹1 lakh crore.

A look at Seafood Exporters Meet 2026
Industry dialogue

The Department of Fisheries under the Ministry of Fisheries, Animal Husbandry & Dairying organized the Seafood Exporters Meet 2026.

The event was aimed at providing a structured platform for interaction between government and industry stakeholders.

It also sought feedback from exporters on market access challenges, pricing pressures, and compliance requirements.

The discussions focused on enhancing value addition, market diversification, and expanding marine exports from islands to high seas.

Emphasis on market diversification and regulatory compliance
Compliance focus

Union Minister Rajiv Ranjan Singh stressed the need for sustained market and product diversification.

He also emphasized strict regulatory compliance, including adherence to antibiotic bans and strengthened traceability systems.

Referring to the Exclusive Economic Zone (EEZ) Rules, Singh said that Access Passes are being operationalized with priority given to cooperative societies for inclusive growth.

He also highlighted the export potential of high-value species like tuna from Andaman & Nicobar Islands.

Government's support to exporters for achieving export target
Export support

The government has assured exporters of its support through institutions like EIC, NCDC, NABARD, and the Ministry of Food Processing Industries.

This is part of an effort to help them achieve the ambitious ₹1 lakh crore export target.

Minister of State for Fisheries George Kurian also highlighted efforts to position fisheries as a high-value sector in line with post-Budget webinar 2026.