catch while the Motorised and non-motorised artisanal sectors
accounted for 19% and 2% respectively. Marine products are of
great demand in the world market solely because of their high
health attributes. Seafood is claimed to be one of the fastest
moving commodity in the world market. Within the last decade,
the world market for seafood has doubled reaching US$ 49.32
billion. India’s share in this market is about 2.4% depending on
shrimp as a product, and giving increased attention to other
fishery resources like squid, cuttlefish etc and penetrating into
western European and south East Asian markets. With shrimp
farming and introduction of several resource specific vessels to
increase marine fish landings, India anticipates a steady growth
in exports of marine products. India exported only dried marine
products like dried fish and dried shrimp till the end of 1960. Since
1961, export of dried marine products was overtaken by export
of frozen marine items, leading to a steady growth export
earnings. Export of frozen and canned items registered a
significant rise with the devaluation of Indian currency in 1966.
ANCHOR
INDIA
marine resources 219