Next Wave in Aquaculture: How Feed Innovation Can Boost India’s Shrimp Exports

India’s shrimp sector stands at an inflection point. In FY 2023–24, the country exported 17,35,286 MT of frozen shrimp valued at US $8,094.31 million. Yet growth has been modest, with a CAGR of just 0.8% in overall shrimp export value. Meanwhile, national ambitions remain far more aggressive. Under the Pradhan Mantri Matsya Sampada Yojana (PMMSY), a ?20,050-crore investment is driving what is being positioned as “Aquaculture 2.0”—a transformation aimed at doubling aquaculture productivity, increasing seafood exports to 1 lakh crore, and generating 55 lakh...
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