India's bold push to expand seafood exports amid global trade hurdles
India is pushing to expand its seafood exports by securing better access to major global markets. The government has taken steps to address trade barriers, particularly with the European Union, as part of broader efforts to boost manufacturing and employment.
Last year, despite global uncertainties, India’s seafood exports grew by around 12-14%. Now, officials are working to strengthen long-term trade ties through new agreements and partnerships. The European Union remains a key target for Indian seafood exporters due to its high import demand. To improve access, India engaged in negotiations with the EU, tackling regulatory hurdles that had previously restricted trade. As a result, more than 125 Indian fishery establishments have now been registered with the EU, easing export procedures.
Meanwhile, the US imposed a 50% tariff on Indian seafood, creating challenges for local fishermen. Anticipating such disruptions, the Indian government moved quickly to secure alternative markets. Free trade agreements and global partnerships are now a priority to ensure stable demand for Indian products.
Expanding exports is part of India’s wider strategy to strengthen its economy. By opening new trade routes and reducing barriers, the country aims to support its manufacturing sector and generate more jobs for its workforce. India’s efforts to enter the EU market and diversify trade partners come at a critical time. With seafood exports already showing growth, securing long-term agreements could further stabilise the industry. The government’s proactive approach aims to protect exporters from sudden trade disruptions while driving economic development.
