Apr 22 (BNP): India’s seafood exports have crossed ₹72,325.82 crore in FY26, supported by strong global demand for shrimp and continued diversification into new international markets.
Industry data indicates that shrimp remains the dominant export segment, contributing the largest share of overall seafood shipments. Improved aquaculture practices, better quality control, and expanding export linkages have further strengthened India’s position in global seafood trade.
Exporters have also benefited from gradual diversification beyond traditional markets, with increasing demand emerging from newer destinations across Asia, the Middle East, and select Western regions. This shift has helped cushion the sector against regional trade fluctuations and price volatility.
Despite global supply chain challenges, India’s seafood industry has maintained steady growth, supported by advancements in cold chain infrastructure, processing capacity, and compliance with international standards.
Trade experts note that sustained investment in aquaculture and market expansion strategies will be key to maintaining export momentum in the coming years, especially as global demand for seafood continues to rise.
The sector’s performance underscores its growing importance in India’s agricultural export basket and its contribution to rural livelihoods, particularly in coastal states.
