Crisis-hit seafood industry seeks relief measures
March 14th, 2008 - 5:37 pm ICT by admin
Kochi, March 14 (IANS) Representatives of Indian seafood exporters have urged Prime Minister Manmohan Singh to provide relief measures to the seafood sector, which is hit by stiff competition from China, Vietnam and Thailand. Office-bearers of Seafood Exporters Association of India (SEAI) met the prime minister and several of his colleagues in New Delhi recently and sought incentives for the seafood sector in the forthcoming export import (EXIM) policy.
If steps were not taken to help the seafood sector, it would be in trouble, president of SEAI Anwar Hashim told IANS.
“The total export of seafood this fiscal would be lower by 25 percent in quantity and 20 percent in value as compared to the previous fiscal. One main reason is severe competition from China, Vietnam and Thailand who offer cheaper products,” Hashim said.
In the 2006-07 fiscal, export of marine products from India set an all time record of 612,641 tonnes valued at Rs.83 billion ($2.1 billion).
Last month, the seafood exporters had given a memorandum highlighting the problems of the sector to Congress president Sonia Gandhi during here visit to Kerala.
The exports have been badly hit on account of a new cheaper shrimp product called peneul vennami, which is available in plenty in China, Thailand and Vietnam. It is similar to white shrimp.
“The cost of production of peneul vennami is 50 percent lower than our Black Tiger shrimp and it is also 20 percent cheaper. This has badly hit us,” said Hashim.
“We have told the government that at no cost they should discontinue the present duty exemption passbook scheme which is a huge blessing for us. We have also sought price exemption for diesel for fishing activities and have requested for alternate employment for the fishermen in the off season,” he said.
Close to two million people in the country depend on the seafood industry for their livelihood.
- Indian seafood exports soars - May 07, 2011
- Seafood industry happy with new sops - Apr 03, 2008
- India's seafood exports to rise - Apr 07, 2010
- Weak rupee brings cheer to seafood industry - Nov 22, 2011
- Seafood exporters happy as export incentive stays - Mar 30, 2008
- India's marine products export rises to $2.8 bn - Aug 26, 2011
- The sky is the limit for ASEAN-India cooperation (Comment) - Oct 27, 2010
- Global garment factories leaving China - Mar 28, 2012
- $2 bn aerospace, defence exports by India in 2011-12: Assocham - Jan 27, 2012
- New EU seafood import rule worries Indian exporters - Jul 20, 2009
- Myanmar foreign trade to grow by 30 percent - Feb 13, 2012
- MFN status will spur Indian tea exports to Pakistan - Oct 25, 2011
- India agrees to duty-free Pakistani exports to EU: Report - Sep 10, 2011
- Vietnam sues US over anti-dumping tax - Apr 23, 2010
- Air India rebuts claims, says not a party in case against ExIm - Feb 20, 2012
Tags: anwar, black tiger, china vietnam, congress president sonia gandhi, export import, exporters association, indian seafood exporters, manmohan, manmohan singh, passbook, prime minister manmohan, prime minister manmohan singh, relief measures, seafood industry, seafood sector, seai, stiff competition, thailand office, tiger shrimp, time record