Global

EU Became India’s Third Largest Marine Export Destination

Sharing is caring!

European Union has continued to be the third largest export destination for Indian marine products, informed Minister of State in the Ministry of Commerce and Industry, Hardeep Singh Puriin.

In a written reply in the Lok Sabha, Puriin said European Union (12.96% of export value in USD) continued to be the third largest export destination for marine products after USA (34%) and South East Asia (21.7%).

India exported 159274 metric tonnes of marine products worth over Rs 6,000 crore in 2018-19.

Total exports of India’s marine product to global markets amounted to 1356098 metric tonnes worth over Rs 46085.

European Union have not placed any procedural ban on export of marine products from India, he added.

SMEStreet Desk

SMEStreet is fast growing platform dedicated to entrepreneurs from small and medium sized businesses (SMEs). Committed to facilitate Knowledge & Networking for Business Growth, SMEStreet offers value added content which shows the actual voice of Indian MSMEs.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to top button
%d bloggers like this: