India exported seafood products worth $7403.23 million from April 2022 to February 2023: Amod Ashok Salgaonkar
As a part of an ongoing training programme for incubatees, LINAC-NCDC Fisheries Business Incubation Centre (LIFIC) recently conducted an exclusive session on “Understanding International Trade of Seafood with Status & Scope for India”.
India’s leading fisheries professional; Co-founder of A2S2 Enterprises & Director of Chamber for Advancement of Small & Medium Businesses (CASMB) Amod Ashok Salgaonkar was invited to explain the potential of seafood for export and situation of the said category in e-commerce segment of India.
“India did the export of seafood products worth $7403.23 million from April 2022 to February 2023 with a growth of 3.19% when compared with similar timeframe of last year. Top 3 countries that imported Indian Seafood are 1. USA 2. China 3. Japan (April 2022 to Jan 2023 data). In February 2023, India exported seafood worth of $531.27 million. Among the financial year 2022-23, November 2022 was the month where India exported the seafood worth of maximum value in a FY i.e. $747 million”, said Salgaonkar.
He also touched on the subject “Blue Bonds Scope for Fisheries & Aquaculture” which very few business professionals are aware of. He was confident in mentioning that Blue Bond is becoming an important tool globally where a few major players across the globe have understood its importance & the concept of “Sustainability Linked Loan” along with ESG incorporation in business is getting fast adopted.
Laxmanrao lnamdar National Academy for Cooperative Research and Development (LINAC), Gurugram, is the training academy of National Cooperative Development Corporation (NCDC) and has been engaged in research and development, training and consultancy services to strengthen institutional capabilities and human resource in cooperatives and allied sectors. lt organises various programmes on improving governance, leadership building, management and various sectoral specific programmes under the cooperative sector. lt also organises international training programmes in association with different international organisations.