Commerce Minister chairs meet on promoting fisheries exports (See 'Corp Brief') Govt reviews progress of micro Food Processing Enterprises in Leh (See 'Corp Brief') Railways carries 170% more Cement in last 4 Months (See 'Corp Brief') A&C - Later attempt by insurer to artificially split same claim into separate components of admitted and denied liability does not render unpaid component non-arbitrable: HC (See 'Legal Desk') Self-reliance and jointness must for strategic autonomy & future-ready force: RM (See 'Corp Brief') NCB launches 6-Month Online Certification Program on Advanced Concrete Technology (See 'Corp Brief') Pradhan chairs coordination forum meeting of IIMs at Ahmedabad (See 'Corp Brief') IBC - CoC's reasoned decision not to consider unsolicited post-submission addendum is within its commercial wisdom and is not liable to judicial interference absent any violation of Sec 30(2) or Sec 61(3): NCLAT (See 'Legal Desk') MoS visits Eastern Coalfields Limited (See 'Corp Brief') Department of School Education Secretary launches Bharatiya Bhasha Summer Camp in New Delhi (See 'Corp Brief') IndiaAI Mission and NHA felicitate Winners of AB PM-JAY Auto-Adjudication Hackathon (See 'Corp Brief') Jammu-Srinagar Vande Bharat Express Services serve around 45,000 Pax in first 10 Days of its Run (See 'Corp Brief') National Conference held on nationwide EV Charging Infrastructure under E-DRIVE Scheme (See 'Corp Brief') IPR - Computer-related invention which merely uses algorithm to colour-code message recipients based on message address characteristics, does not become patentable: HC (See 'Legal Desk') NHAI successfully defends arbitration claims in Panipat–Jalandhar Highway Disputes (See 'Corp Brief') Kumaraswamy announces Rs 123 Crore EV Charging Boost for Karnataka (See 'Corp Brief') Pradhan addresses Bharat Innovates 2026 High-level Diplomatic Conclave (See 'Corp Brief') AIIMS New Delhi has always been more than a hospital - a brand in itself: Nadda (See 'Corp Brief') Misc - If Union of India claims title over land on basis of old government grant and subsequent constitutional vesting, it must prove that title in fact remained vested in Government: HC (See 'Legal Desk') CCI approves acquisition of Kenvue Inc. by Kimberly-Clark (See 'Corp Brief') CCI approves Adani Power to buy stake of GVK Energy (See 'Corp Brief') IBC - If transaction was builder-linked contractual arrangement rather than pure financial debt default, Section 7 IBC proceedings cannot be used in parallel with DRT recovery proceedings: SC (See 'Legal Desk') CCI approves acquisition of stake in Llyods Engineering by Thriveni Earthmovers (See 'Corp Brief') CCI approves acquisition by CPPIB India in Ctrl S Datacenters (See 'Corp Brief') Govt pushes India Post toward Corporate-Style Efficiency (See 'Corp Brief') IPR - Use of house mark does not by itself obviate infringement or passing off: HC (See 'Legal Desk') Present petro conservation intended towards long-run capacity building: RM (See 'Corp Brief') Atal Innovation Mission hosts AIM Sumvaad- Central India to strengthen regional incubators (See 'Corp Brief') FERA - Foreign judgment is unenforceable in India as it fell within exceptions u/s 13 CPC: SC (See 'Legal Desk') Forum of Regulators celebrates 21 Years of strengthening India's Power Sector (See 'Corp Brief') A&C - Once seat of arbitration is expressly designated by agreement of parties, that seat becomes juridical home of arbitration and operates akin to exclusive jurisdiction clause: SC (See 'Legal Desk') Supreme Court lays down scenarios for lifting of Doctrine of Corporate Veil (See 'CORP EINSICHTf') Fisheries Secy visits ornamental fish brood bank in Maharashtra (See 'Corp Brief') Company Law - For purpose of maintainability of petitions u/s 397 & 398, expression ‘member' is not to be confined only to formal entry in register of members u/s 41(2): SC (See 'Legal Desk') Over 3,500 Participants compete in AB PM-JAY Hackathon (See 'Corp Brief') Scindia, Fadnavis inaugurate renovated Andheri RS Post Office as Future-Ready Service Hub (See 'Corp Brief') IBC - While subsidiary companies are separate legal entities, corporate veil may be lifted if associated companies are inextricably connected so as to form one concern: SC (See 'Legal Desk')

Print

Commerce Minister chairs meet on promoting fisheries exports

Published: May 15, 2026

By TIOLCorplaws News Service

NEW DELHI, MAY 15, 2026: A Meeting was Co-chaired by Mr Piyush Goyal, the Union Minister for Commerce & Industry and Rajiv Ranjan Singh, Minister for Fisheries, Animal Husbandry & Dairying and Panchayati Raj on 14th May 2026 in New Delhi to deliberate fisheries export promotion. During the meeting, discussions focused on identifying measures to enhance fisheries export potential through convergence of schemes between the Department of Commerce and the Department of Fisheries to boost production and exports, steps for promotion of fishery products including value-added products, and facilitation of sanitary and phytosanitary (SPS) approvals in key international markets. The meeting also deliberated on assessing export gaps in inland States and developing targeted strategies for promoting freshwater species exports, with a view to strengthening India's overall fisheries export ecosystem.

Mr Piyush Goyal, the Minister for Commerce & Industry, appreciated the efforts to achieve an all-time high seafood exports of Rs 72,325.82 crore (US$ 8.28 billion) in FY 2025–26. He discussed opportunities to boost fisheries exports and enhance the incomes of fisherfolk. The commitment to fostering sustainable growth & driving innovation in the fisheries sector was also reiterated. He underscored the need for continued collaboration among stakeholders to further strengthen the export segment, focusing on species diversification, branding and value addition. He stressed upon the need to accelerate development of deep-sea fishing infrastructure and to expand India's presence in Regional Fisheries Management Organisations (RFMOs). He also called for increasing the number of registered exporters, augmenting processing capacity, and strengthening waste management practices across the sector.

Mr Rajiv Ranjan Singh, the Minister for Fisheries, Animal Husbandry & Dairying and Panchayati Raj, highlighted that the department has undertaken various steps and initiative focused on traceability, processing, Value addition, certification to enhance seafood exports in coordination with MPEDA, EIC, Seafood exporters and other stakeholders. He emphasised the need to set up at least one processing plant in each district to strengthen post-harvest infrastructure. Union Minister Fisheries underscored the need for capacity building of exporters, with time bound program for skill development and market readiness by NFDB and MPEDA. He further urged MPEDA to identify export gaps across inland States and UTs and assess species-wise export potential in coordination with NFDB. He also highlighted the need for expanded institutional presence of MPEDA and EIC in the Andaman & Nicobar Islands and Lakshadweep, recognising the huge export potential of high vale species like Tuna.

Dr. Abhilaksh Likhi, Secretary, Department of Fisheries, MoFAH&D, also attended the meeting and emphasised the critical role of traceability in enhancing seafood exports and ensuring compliance with international market standards. He also highlighted that the Department of Fisheries, GoI has notified 34 fisheries production and processing clusters aiming to strengthen value chains and supporting export ecosystems. He further called upon institutions such as FSI, MPEDA and NFDB to intensify efforts towards harnessing the untapped potential of tuna resources in the high seas, with a view to expanding India's footprint in marine fisheries exports.

This joint meeting has carved a roadmap for enhancing seafood export in close coordination and convergence with all stakeholders towards achieving  the vision of Viksit Bharat 2047.

Background

India's seafood exports reaching an all-time high of Rs 72,325.82 crore (US$ 8.28 billion) and 19.32 lakh metric tonnes in FY 2025-26 from Rs 62,408 Cr (7.45 billion USD) and 16.98 Lakh metric tonnes in FY 2024-25. Frozen shrimp remained the primary growth driver, contributing Rs 47,973.13 crore (US$ 5.51 billion), accounting for over two-thirds of total export earnings.

In order to sustain and strengthen India's seafood export ecosystem, the Department of Fisheries, Government of India has undertaken a range of targeted interventions focused on market development, stakeholder engagement, institutional coordination, and sustainability compliance. These efforts include regular consultations with exporters, State Governments and key stakeholders , as well as organisation of high-level events such as Seafood Exporters Meets, investor meets in Andaman & Nicobar Islands and Lakshadweep, and nationwide workshops on value addition, logistics, and technology adoption. The Department has also intensively engaged through bilateral meetings and global outreach initiatives to expand market access, address regulatory barriers, and promote Indian seafood in emerging and traditional markets. A multi-agency coordination mechanism has been institutionalised to address export diversification, branding, and SPS/NTB challenges through regular reviews. In parallel, deliberations in Parliamentary Committees have guided policy focus on infrastructure, traceability, and value addition.

Further, the Department has taken significant steps towards strengthening compliance and sustainability frameworks, including securing marine mammal comparability approval from the United States, promotion of Turtle Excluder Devices (TEDs) in shrimp trawling, strengthening of antibiotic and residue controls, and launch of a National Traceability Framework for Fisheries and Aquaculture (2025). The notification of EEZ Rules and High Seas Guidelines, 2025, has provided a regulatory framework for sustainable and export-oriented fisheries, particularly in resource-rich regions such as the Andaman & Nicobar and Lakshadweep Islands, which together account for a significant share of India's marine potential. These coordinated measures are aimed at enhancing competitiveness, ensuring sustainability, and positioning India as a reliable supplier in the global seafood market.

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
tioltube
TKF
TIOLawards
A TIOL Website. Copyright © 2025 TIOLcorplaws.com All rights reserved.