Indian Fisheries and Aquaculture sector is considered as a sunrise sector and is poised to play a significant role in the Indian economy in near future. In the recent past, Indian fisheries has witnessed a paradigm shift from marine dominated fisheries to inland fisheries, with the latter emerging as a major contributor of fish production from 36% in the mid-1980 to 70% in the recent past. Along with the coastal states, more inland states are now entering into the aquaculture sector, which would definitely open the space for investment in the fisheries sector.
Although inland fisheries and aquaculture have grown in absolute terms, the development in terms of its potential is yet to be realized. The unutilized and underutilized vast and varied resources, in the form of 191,024 km of rivers and canals, 1.2 million Ha of floodplain lakes, 2.36 million Ha of ponds and tanks, 3.54 million Ha of reservoirs and 1.24 million Ha of brackish water resources offer great opportunities for enhanced production along with livelihood development and ushering economic prosperity.
CII jointly with the Department of Fisheries, Government of India is organizing a digital Conference on Fisheries and Aquaculture with the theme “Showcasing India as a hub for Aquaculture and Fisheries Investment” on Friday, 21 January 2022.
The objective of the Conference is to deliberate on the key interventions needed to strengthen and sustain the Fisheries and Aquaculture Industry and create a roadmap for showcasing India as a hub for Investment in the Fisheries Sector.