August 26, 2014 — The Marine Products Export Development Authority (MPEDA) will raise seafood exports from $5 billion to $10 billion in the next three years.
As part of the initiative, officials will meet stakeholders and take up issues such improving production, development of harbours, maintenance of quality and popularising of seafood, which is in good demand in coastal districts.
Besides, MPEDA officials are holding training sessions for aqua farmers to give them tips on cultivating high-quality yields. Incidentally, the officials explained the problems facing aqua farmers to Union Minister of State for Commerce and Industry Nirmala Sitharaman during her recent visit to Andhra Pradesh.
Speaking to The Hindu on Monday, MPEDA Chairperson Leena Nair said India was earning nearly $300 billion in foreign exchange through exports (of all commodities) to which MPEDA is contributing $5 billion.