Fisheries Sector

Ravishankar, C N and Ananthan, P S and Rajendran, K V and Suresh, Arul Victor and Krishnan, P and George, Grinson (2025) Fisheries Sector. In: Indian Agriculture by 2047: A Roadmap for Research, A Roadmap for Research, Education and Extension. National Academy of Agricultural Sciences, New Delhi, pp. 121-145. ISBN 978-81-931524-8-5

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Abstract

India’s fisheries sector has exhibited remarkable growth and resilience over the years, evolving into a pivotal component of the country’s agriculture and food industry. From a modest production of 24.42 lakh tons in 1980, the sector has experienced a rapid rise, reaching an astounding 162.48 lakh tons by 2022-23. This remarkable expansion is characterized by a significant shift towards inland and coastal production, which now stands at 121.21 lakh tons and exceeds marine production at 41.27 lakh tons (FAO, 2024a). The sector has maintained a robust average annual growth rate of 10.34%, reflecting its dynamic adaptation to changing environments and market demands. This surge in production has had a considerable impact on the country’s economy, contributing 6.44% to the Gross Value Added (GVA) in the agriculture sector (GoI, 2020a). Additionally, the fisheries sector has marked its prominence in the global market, with the export of 13 lakh tons of fish and fishery products generating revenue of over Rs. 60,000 crore and witnessing an annual growth rate of 31.71%. Beyond its economic contributions, the fisheries sector is a vital source of employment, providing livelihood opportunities to approximately 28 million people nationwide (DoF, 2020). This includes many jobs spanning from fishing, processing, and marketing, highlighting the sector’s pivotal role in socio-economic development and community welfare.

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