India's seafood exporters expect that exports will grow over 20 percent in FY18 after sales figures touched an all-time high of $5.78 billion in FY17 when USA imported 1,88,617 tons of Indian seafood -- a growth of 22.72 percent in quantity from the previous year. "With exports to U.S. setting...
India's Shrimp Industry Shows Steady Growth
India’s export of shrimp was 382,959 tons in Calendar Year 2015, up 9.8 percent from the previous year India’s cultured shrimp production in the year ending March 2015 was about 426,500 tons, up 30 percent from the previous year (Figure 1). From 2005 to 2015, shrimp production has grown at...
India to Export Fertilizers by 2021
India has drawn up an $8.7 billion plan to revive inoperative fertilizer plants and set up gas import and pipeline facilities in eastern India in a bid to become an exporter of urea(a chemical nitrogenous fertilizer) by 2021. The project includes building a 1,590-mile pipeline, the revival of four urea...
Tilapia Production to Double in India’s State of Odisha
FIS reports that authorities in India’s eastern state of Odisha (formerly known as Orissa) have partnered with the international organization WorldFish to improve the quality of fish seeds, good aquaculture practices through a number of actions like the formation of fish farm clusters in the rim of Lake Chilika and...
U.K. Miner to Invest $500 Million to Develop Diamond Project in Bunder
Sam Walsh, CEO of London-based Rio Tinto Group has had three discussions with Indian Prime Minister Narendra Modi on the planned $500 million Bunder diamond mine in the state of Madhya Pradesh in central India, and the Odisha iron ore project in eastern India. “We’re waiting for approvals, forestry and...