India’s Seafood Exports to Europe Set to Grow Sharply

India’s Seafood Exports to Europe Set to Grow Sharply

India’s seafood industry has received a big boost with the European Union approving 102 new Indian fishery establishments for exports. It takes the total number of approved facilities to 604 and it is expected to increase seafood exports to the EU by about 20 percent. The development comes at a time when shrimp exports to the United States have slowed due to higher tariffs.

The European Union is one of the most important and quality-conscious seafood markets in the world, after the United States. With an annual import value of about one billion dollars, Europe is already India’s second-largest seafood market. The approval of new facilities means greater opportunities for Indian exporters and more confidence among European buyers in India’s food safety systems.

According to India’s commerce ministry, it shows that Europe trusts India’s ability to maintain strict international standards for seafood products. It also highlights India’s progress in areas like food safety, traceability, and compliance with global rules. The newly approved units are expected to boost shrimp and aquaculture exports, including squid, cuttlefish, and octopus, which are in high demand.

Last year, India exported shrimp worth 2.8 billion dollars to different markets. Officials believe that with the addition of the new establishments, exports to the EU will rise steadily. Experts say the development will not only increase foreign exchange earnings but also create more jobs in coastal states.

Negotiations are also underway between India and the European Union for a free trade agreement. The progress in seafood exports is being seen as a positive sign that could help both sides build stronger trade ties.

For India’s seafood sector, the EU approval is more than just a commercial achievement. It strengthens India’s reputation as a trusted supplier of high-quality seafood in global markets and opens the door to larger opportunities in the future.

 

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