{"id":62634,"date":"2025-08-12T13:33:21","date_gmt":"2025-08-12T13:33:21","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/62634\/"},"modified":"2025-08-12T13:33:21","modified_gmt":"2025-08-12T13:33:21","slug":"seek-new-markets-govt-urges-seafood-exporters-india-news","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/62634\/","title":{"rendered":"Seek new markets: Govt urges seafood exporters | India News"},"content":{"rendered":"<p> <img src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/08\/123247307.jpg\" alt=\"Seek new markets: Govt urges seafood exporters\" title=\"Representative image\" decoding=\"async\" fetchpriority=\"high\"\/> NEW DELHI: Amid concerns over the US move to impose a 50% tariff on Indian goods significantly impacting the export of India&#8217;s fisheries, the government on Monday asked seafood exporters to explore alternative markets for shrimps and other fish varieties. &#8220;We have asked them (exporters) to face the current challenge bravely. There are alternative markets available&#8230; Where there is a will, there is a way,&#8221; Union fisheries and animal husbandry minister Rajiv Ranjan Singh said after a meeting with seafood exporters.India is currently the leading supplier of frozen shrimps and prawns to the US, with its market share increasing significantly from 24.4% in 2015 to 40.6% in 2024. Since the enhanced tariff will impact India&#8217;s market share in the US, the country will have to explore alternative markets. The meeting on Monday was held to chart a strategy to expand India&#8217;s market reach.The alternative markets identified for the purpose include the UK, European Union (EU), Oman, UAE, South Korea, Russia and China, with there being special focus on South Korea&#8217;s potential and west Asia&#8217;s growing demand for Indian seafood.Emphasising the need for greater value addition and better packaging in gaining new markets, Singh said, &#8220;We have asked them (exporters) to work in this direction&#8221;.<\/p>\n","protected":false},"excerpt":{"rendered":"NEW DELHI: Amid concerns over the US move to impose a 50% tariff on Indian goods significantly impacting&hellip;\n","protected":false},"author":2,"featured_media":62635,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[50421,64,63,1348,99,50425,50423,8061,1209,6464,8060,50422,50419,171,50424,3358,50420],"class_list":["post-62634","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-alternative-markets-for-seafood","tag-au","tag-australia","tag-breaking-news","tag-business","tag-fish-market-growth","tag-frozen-shrimps","tag-google-news","tag-india","tag-india-news","tag-india-news-today","tag-indian-fisheries-exports","tag-indian-seafood-exporters","tag-markets","tag-rajiv-ranjan-singh","tag-today-news","tag-us-tariff-on-indian-goods"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/62634","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=62634"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/62634\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/62635"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=62634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=62634"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=62634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}