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Startups are reinventing Indias seafood supply chain

Seafood sector start-ups are building practices that improve harvesting, transportation, storage, processing and delivery to enable faster interstate product reach, improve cost efficiency, reduce spoilage and ensure fair trade.

Startups are reinventing Indias seafood supply chain

Seafood sector start-ups are building practices that improve harvesting, transportation, storage, processing and delivery to enable faster interstate product reach, improve cost efficiency, reduce spoilage and ensure fair trade. They are building the infrastructure that paves the way for the practice.

The Indian seafood market is experiencing a staggering growth of over 10.87% per annum, reaching a record 1.42 million tones production in 2019-2020. Currently, the market size is over INR 650 billion and is expected to reach INR 195 billion by 2027, growing at a CAGR of 18%. The seafood industry also generated an income of over INR 4666.285 crore in 2019-20 through exports.