Marketing of Marine Products in India and Abroad in Relation to WTO

Indian fisheries sector has been recognized as a powerful income and employment generator as it stimulates growth of a number of subsidiary industries and is a source of cheap and nutritious food, at the same time it is an instrument of livelihood for a large section of economically backward population of the country. For the last few decades Indian marine products became a tool of foreign exchange earner. After signing World Trade Organization in 1995, growth of Indian marine product export increasing high till date in terms of quantity and values (both INR and US dollar). Its marketing in both the domestic as well as International market has also opened up a good employment opportunity. The importance of international trade in fish and the fishery products is repeatedly enhanced with the fact that the total earning of foreign exchange from the export business of marine products is considered as one of the highest business in all over India.