Revolutionizing The Indian Shrimp Industry: Unleashing The Power Of Value-Added Shrimp For Global Market Dominance - A Comprehensive Perspective

Abstract

From Shrimp Success to Global Leadership: India's Journey and the Imperative for Value-Added Innovation. Despite rising as the world's second-largest farmed shrimp producer, India faces challenges in global markets. Explore the potential of value-added shrimp products, from eco-labelling to innovative cuts, as the key to enhanced profitability and sustainable growth. Uncover the economic advantages, with EBIT margins soaring to 20%, and discover how upgrading processing facilities can secure India's spot as a leader in the global shrimp market. This paper offers a forward-looking perspective on the future of the Indian shrimp industry, urging a transformative shift towards value-added processing for lasting success. This paper also explores the key to sustained success, emphasizing the need for innovation, enhanced processing capabilities, and a shift towards high-value offerings. Join the journey towards economic growth, profitability, and a sustainable future for India's shrimp industry!"