Government is promoting semi-intensive shrimp
farming.
Fish and prawn exports grew at an average 20% in
the past decade.
Shrimp processing and export industry is
largely dominated by the smaller unorganized sector.
Industry
Outlook
The frozen foods export is the second
largest export sector of the country. The average annual growth rate is about
28%. This export-oriented industry includes the following sub-sectors which need
proper attention for augmentation of production and export earnings.
Hatcheries
Sustainable
aqua-culture technology
Feed meals plants
Processing
unit for value-added products.
Investment in frozen
food sector with new technology and equipment has a vast potential for growth.
