Young entrepreneurs in State to be promotedThe Marine Products Export Development Authority (MPEDA), which is exporting seafood products to many countries across the globe, is planning to boost its exports by promoting young entrepreneurs in the trade. During the financial year 2019-20, 12,89,651 metric tonnes of seafood products worth ₹46,662.85 crore (USD 6.68 billion) was exported. Frozen shrimp, which earned about ₹34,152.03 crore, retained its first position in seafood exports accounting its share of 50.58%, said MPEDA Chairman K. S. Srinivas. The MPEDA is planning to encourage fresh entrepreneurs to improve the exports, as the demand for Indian seafood is high in the international market. MPEDA officials are identifying the potential areas, develop ports to boost up the exports,” Mr. Srinivas told The Hindu.

Source: The Hindu November 20, 2020 19:10 UTC