Welcome to FIS   Sponsored By
Subscribe to FIS | Register with FIS | Advertise with FIS | Newsletter | About FIS | Contact us
   


Farmed tilapia. (Photo: Terje Engoe/Copyrigh: FIS)

MPEDA seeks to boost tilapia aquaculture

Click on the flag for more information about India INDIA
Friday, May 19, 2017, 01:30 (GMT + 9)

The Government of India seeks to boost tilapia aquaculture in order to meet the huge demand for the fish in the domestic market and to capture a significant share of about USD 6 billion global export of the fish currently dominated by China.

To achieve this aim, Marine Products Export Development Authority (MPEDA) intends to promote large scale farming of the fish even in landlocked state based on the fact that a farmer fetches around INR 120-150 (USD 1.8-2.3) per kg at a production cost of just half of it, The Indian Times reported.

"A farmer can make a profit of INR 60,000 (USD 935) from a three tonne capacity tank with 60,000 fingerlings in a cycle lasting 45 days. Since they can run seven cycles annually the profit can touch INR 4.8 lakh (USD 7,479)," pointed out MPEDA chairperson A Jayathilak.

Meanwhile, MPEDA is expecting to raise tilapia production output in the country by increasing the seed supply of genetically improved farmed tilapia (GIFT) to the farmers. In addition, the entity recently launched a self-sufficiency project at its hatchery and training complex in Kochi to help farmers export their produce.

For his part, Rajiv Gandhi Centre for Aquaculture (RGCA) S Kandan project director, who works with MPEDA, encouraged farmers to use technology, available with premier research agency to diversify their business and export Indian goods to other countries.

Experts in the field stress that non-requirement of feed, resistance to disease and 70 per cent survival rate of the fingerlings keep cost of production down and that, unlike other several other species that are bred, tilapia can be grown in tanks, ponds or cages, which add to its advantages.

All in all, seafood exporter WestCoast Group, which owns Cambay Tiger brand, plans to invest INR 1 billion (USD 15.6 million) in breeding tilapia in cages in two lakes in Maharashtra and one in Rajasthan in the next four years.

" We expect to produce 20,000 tonnes in Rajasthan and 10,000 tonnes in Maharashtra," the group founder chairperson Kamlesh Gupta said.

The idea primarily is to encourage consumption of tilapia in hotels and restaurant by supplying live forms.

"Since it lends itself well as base fish for value added products, eventually we hope to replace the imported Vietnamese basa fish that is now common in restaurant kitchens," Gupta said, adding that exports will come later as they present the greater challenge with China and Vietnam holding sway in value added products. Anand Aqua Exports in Bhimavaram is another company that breeds tilapia.

Currently, farmed shrimp, particularly vannamei species, accounts for nearly 70 per cent of the value of Indian seafood exports, which reaches INR 330 billion (USD 5,142 million).

 
[email protected]
www.fis.com


 Print


Click to know how to advertise in FIS
MORE NEWS
United States
May 22, 03:20 (GMT + 9):
Lobster exporters fear China's retaliation for tariff implementation
Vanuatu
May 22, 02:40 (GMT + 9):
Tuna plant restarts operations thanks to Chinese funding
Spain
May 22, 02:20 (GMT + 9):
Andalusia demands management plan to increase bluefin tuna catch
Oman
May 22, 02:10 (GMT + 9):
First sea bream project harvest begins
United Kingdom
May 22, 01:00 (GMT + 9):
IFFO RS seeks to improve its standard
Spain
May 21, 23:20 (GMT + 9):
Bermeo launches global initiative for tuna sustainability
Chile
May 21, 22:20 (GMT + 9):
New MSC standard for seaweed presented
United States
May 21, 22:00 (GMT + 9):
IN BRIEF - Governor says another Chinese company wants to invest in Maine
Mexico
May 21, 21:30 (GMT + 9):
MSC deems Mexico is Latin America leader in fisheries sustainability
United States
May 19, 03:10 (GMT + 9):
First Copper River salmon arrives at Seattle with high prices
Argentina
May 19, 02:20 (GMT + 9):
Fresh shrimp fleet could stop operations
Canada
May 19, 02:10 (GMT + 9):
Climate change to affect commercial fishermen in the US and Canada
Canada
May 19, 02:00 (GMT + 9):
IN BRIEF - Report: Canadian salmon firm admits using lobster-killing pesticide near Maine border
Japan
May 19, 02:00 (GMT + 9):
IN BRIEF - Fish recycling program begins at conveyor-belt sushi chain Kurazushi
United States
May 19, 02:00 (GMT + 9):
IN BRIEF - Cooke Aquaculture To Create Up to 100 New Jobs



Lenguaje
FEATURED EVENTS
  
TOP STORIES
First Copper River salmon arrives at Seattle with high prices
United States The fishery for Copper River king salmon opened in Alaska on Thursday and the first shipment of fish arrived with much fanfare at Sea-Tac Airport, Washington, Friday morning.
Govt to aid sector to restart exports to Saudi Arabia
Myanmar The Myanmar government expressed its intention to join efforts with private seafood factories to restart fish and shrimp exports to Saudi Arabia after the ban imposed by Saudi authorities in April.
EU to keep yellow card for Thailand
Thailand The European Union has decided to keep a yellow card for Thailand over the country’s illegal, unreported and unregulated fishing problems, a source at the Agriculture and Cooperatives Ministry revealed.
Chamber of Deputies approves bill regulating giant squid capture
Chile With a strong support and in front of a wide citizenship attendance, including representatives of the artisanal and industrial fishing sectors, the Room of the House of Representatives approved in general the bill regulating giant squid capture.
 
Maruha Nichiro Corporation
Nichirei Corporation -Headquarter-
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation -Wartsila Group Headquarter-
ITOCHU Corporation -Headquarter-
BAADER - Nordischer Maschinenbau Rud. Baader GmbH+Co.KG (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Sea Harvest Corporation (PTY) Ltd. - Group Headquarters
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
Blue Continent Products (Pty) Ltd - (Oceana Group Limited)
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods Inc. -Headquarter-
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO -Food and Agriculture Organization- Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Group Headquarters
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Omega Protein Corporation -Headquarter-
Marona S.A.
Marine Harvest ASA - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. - Headquarters
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
Mitsubishi Corporation Marine Products Depts. D.Team
CJ Corporation  - Group Headquarters
Greenpeace International - The Netherlands | Headquarters
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
NOREBO Group (former Ocean Trawlers Group)
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation -Headquarter-
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart / Wal-Mart Stores, Inc. (Supermarket) -Headquarter-
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
INVE Group - Head Office
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
Morpol ASA - Group Headquarters
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2018 Fish Info & Services Co.Ltd| All Rights Reserved.   DISCLAIMER