A high-level review was held to assess the progress of India’s fisheries sector, with focus on Fishing in the Exclusive Economic Zone (EEZ) and High Seas. The strategy highlights use of satellite technology, drone logistics, smart harbours, and seaweed innovations to modernize the sector and expand inland fish supply.
📊 India's Annual Fish Production (FY25): 195 lakh tons
📈 Sectoral Growth Rate: Over 9% YoY
💰 Cumulative Investment since 2015: ₹38,572 Cr under:
🧿 Blue Revolution Scheme
🌊 FIDF – Fisheries and Aquaculture Infrastructure Development Fund
🐠 PMMSY – Pradhan Mantri Matsya Sampada Yojana
💳 PM-MKSSY – Matsya Samridhi Sah Yojana
💳 Kisan Credit Card (Fisheries Inclusion)
🔧 Initiative | 💡 Description |
---|---|
🛰️ Satellite Technology | Enhance resource mapping, safety alerts, and route optimization for fishermen |
🚁 Drones for Logistics | Facilitate faster, fresher fish deliveries to urban markets |
🏗️ Smart Harbours | Upgrade coastal infrastructure for storage, hygiene, and cold chains |
🐟 FishTech | Promote digital innovations in aquaculture & fish farming |
💧 Amrit Sarovars | Utilize man-made water bodies for livelihood-oriented fish production |
🧪 Seaweed Utilization | Encourage R&D for uses in pharma, nutraceuticals, fuels, and food |
🐠 Ornamental Fisheries | Expand this niche for domestic income and export opportunities |
📋 Negative List Approach | Identify outdated practices and bottlenecks affecting the sector |
🏢 Company | 🧩 Segment | 📈 Relevance |
---|---|---|
Avanti Feeds | Shrimp Feed | Strong player in feed tech and aquaculture |
Waterbase Ltd. | Aqua Feeds | Benefits from inland aquaculture and smart farming |
Coastal Corporation | Processed Seafood | Gains from expanded exports and cold chain logistics |
Godrej Agrovet | Aquaculture Feeds | Expanding in fish feed markets |
Tata Chemicals | Seaweed Research | R&D in biofuels and nutrition applications |
De Nora India | Water Treatment | Water purification for smart harbours |
Garware Technical Fibres | Fish Farming Nets | Equipment and netting for aquaculture infrastructure |
Linde India / Inox Air Products | Refrigerated Gases | Integral for fish cold chain and preservation |
Sagarika Seafoods (Unlisted) | Deep sea fishing | Key beneficiary from EEZ fishing modernization |
India’s fisheries sector is undergoing a transformation with technological upgrades, policy support, and increased private sector engagement. With demand for fish rising domestically and globally, the sector is positioned to become a major contributor to India’s blue economy and rural livelihood generation.
This report is for educational purposes only. It is not financial advice.