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India has the Seventh largest marine landing in the world with an
Extensive Coastline of 7500 km and an Exclusive Economic Zone (EEZ) of 2
million sq. km. largely untapped and a 29,000 km stretch of rivers and
canals, 1.45 million hectares of reservoirs and 0.75 million hectares of
tanks and ponds. The potential of dish production from Indian EEZ is
estimated as 3.9 million tones and as against present level of harvesting
at 2.87 million tones the production can be increased to 3.37 million tones
by intensifying the tapping operation in offshore and deep-sea
grounds making use of the modern technologies and techniques. The fish
harvesting from inland waters presently is 2.7 million tones and there is
good scope for increasing production form the inland resources also. In
addition to this the potential of fish production through aquaculture and
shrimp farming has also not been tapped to the expected extent .
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Traditionally, the vast marine and inland water resources of India have
been tapped only by local fishermen to supply domestic demand. Over the
last decade or so, the organized corporate sector has become involved in
preservation and export of coastal fish. Marine fish found in India
include prawns, shrimps, tuna, cuttlefish, squids, octopus, red snappers,
ribbon fish, mackerel, lobsters, cat fish and countless other varieties.
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Processing
of produce into canned and frozen form is carried out almost
entirely for the export market. In all, there are 258 freezing
units with a capacity of 2170 tones, 23 canning units with a
capacity of 84.5 tones, 131 ice making units with a capacity of
1820 tones, 24 fish meal units with a capacity of 419 tones and
297 cold storage units with a capacity of 20,3448 tones. This
sector has also attracted the attention of investors both domestic
and foreign and an investment as high as Rs.30,000 million has
been approved in the last six years of which foreign investment
was around Rs.7000 million.
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