Divya Kumar Gulati, Chairman of CLFMA India, highlighted that the move will strengthen farmer incomes and ensure long-term sectoral growth. Nitin Awasthi, Research Analyst at InCred Capital, pointed out that direct access to EU markets enhances margin potential for processors and sets the stage for structural expansion in India’s seafood value chain.
India’s shrimp industry, worth around $5 billion, is at a turning point as new opportunities open up in Europe even while challenges mount in its largest market, the United States.
Continue Reading with
Continue Reading with
CNBC-TV18 Access Membership
Priority Access and Networking: CNBC-TV18’s flagship events
Interaction with CNBC-TV18’s journalists
Webinars & LIVE Q&As with India Inc. Leaders
Exclusive CNBC-TV18 studio & newsroom tours
Premium business insights, expert opinions & analysis
Curated lifestyle privileges & offers