FISHERIES: An Economically Viable Business

India is one of the largest fish producing countries in the world and shares 7.58% to the global production. Contributing 1.24% to India’s Gross Value Added (GVA) and 7.28% (2018-19) to the agricultural GVA, fisheries and aquaculture continue to be an important source of food, nutrition, income and livelihood to millions of people.

Fisheries sector in India has shown impressive growth with an average annual growth rate of 10.88% during the year from 2014-15 to 2018-19. The fish production in India has registered an average annual growth of 7.53% from 2014-15 to 2018-19 and stood at an all-time high of 137.58 lakh metric tons during 2018-19 (provisional). The export of marine products stood at 13.93 lakh metric tons and valued at Rs 46,589 crores (USD 6.73 billion) during 2018-19 with an impressive average annual growth rate of about 10% in recent years.

Fisheries and aquaculture remain an important source of:-

  • food
  • nutrition
  • employment
  • and income for millions

especially the rural populations. In fact, the sector provides livelihood to about 25 million fishers and fish farmers at the primary level and twice the number along the value chain. Fish being an affordable and rich source of animal protein, is one of the healthiest options to mitigate hunger and nutrient deficiency. It has immense potential to enhance incomes and usher in economic prosperity to stakeholders. Hence, it is essential that sustained and focused attention is given to accelerate its development in a sustainable, responsible, inclusive and equitable manner.

Considering the above facts Rising Roots Agriculture Pvt. Ltd. is offering wide spectrum of services in the versatile field of Fisheries. We have exclusively dedicated & trained staff for Fisheries sector. Through our support in Fisheries we not only wish to make Fisheries a popular enterprise but also target to make it a economically viable business for the farmer’s of INDIA as well as abroad.

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