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India may launch PLI for seafood MSMEs to surge exports and value added products
Economy
Published on 14 May 2026
Number of seafood exporters could jump from 1200 to 5000
India’s Fisheries Department will explore a production-linked incentive (PLI) scheme for MSMEs in the seafood sector, aiming to improve global competitiveness and accelerate exports. The plan, discussed in a high-level meeting between commerce and industry minister Piyush Goyal and fisheries minister Rajiv Ranjan Singh, targets a major shift toward value-added seafood and a larger export base. Export-oriented infrastructure and sustainability measures are part of the roadmap, alongside strengthening sanitary and phytosanitary compliance from production to packing.
- Govt is considering a PLI framework for seafood MSMEs
- Goal is to raise value-added seafood exports share significantly
- Exporter count may expand from about 1,200 to 5,000
- Sustainable harvesting, processing, branding and tuna-focused support planned
- Integrated approach sought for SPS issues in aquaculture and capture
- Plan includes traceability, quality assurance, disease-free zones and standards compliance
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times