New Delhi, Aug 17: India is emerging as a major force in the global fisheries industry, ranking as the world’s second-largest fish producer and contributing nearly 8 per cent of global fish output.
India’s fish production has more than doubled over the past decade, rising from around 95.79 lakh tonnes in 2013-14 to 197.75 lakh tonnes in 2024-25. The steady expansion of inland fisheries and aquaculture has been a key factor behind this growth.
The fisheries sector supports millions of livelihoods, particularly in coastal and rural areas. Its impact goes beyond fishers and farmers, creating employment across processing, transportation, storage, marketing and seafood exports.
India’s growing production has also strengthened its presence in international markets. Seafood exports reached around ₹62,408 crore in 2024-25, highlighting the sector’s increasing contribution to the country’s export economy.
Government initiatives have supported the sector through investments in infrastructure, technology, credit, insurance and livelihood programmes. The Union Budget 2026-27 proposed annual budgetary support of ₹2,761.80 crore for fisheries, while the Pradhan Mantri Matsya Sampada Yojana continues to support the development of fisheries and aquaculture.
The next challenge is to ensure that rising production translates into better incomes and stronger opportunities for people working across the sector. Improved cold-chain facilities, modern processing, easier access to markets and greater value addition can help fishers and fish farmers earn more from their produce.
Sustainability will also be crucial as the industry expands. Responsible fishing practices, efficient aquaculture and careful management of marine and inland resources can help balance economic growth with environmental protection.
For the people whose lives are closely connected with fishing and aquaculture, the sector’s growth is about more than production numbers. It can mean more stable incomes, better market opportunities and improved prospects for their families.
As India expands its fisheries and seafood industry, the focus is increasingly shifting towards sustainable growth that creates value at every stage of the supply chain. With the right mix of technology, infrastructure, market access and responsible resource management, the sector can strengthen livelihoods while helping India build a larger and more competitive presence in the global blue economy.