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Govt pegs marine exports to grow by 20% to $6.6 bn in FY16

Industry Food Processing & Beverages

According to the union commerce ministry, India's marine product export is expected to grow by around 20 per cent to USD 6.6 billion this fiscal. The ministry further said that, the US is the largest market for Indian seafood products with a share of 26.46 per cent followed by South East Asia (25.71 per cent), European Union (20.08 per cent) and Japan (9.11 per cent).

Extracted from BS,July 03,’15

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