Union Minister Piyush Goyal Sets $30 Billion Target for Seafood Exports

Exam-focused facts from the 8 June 2026 current affairs briefing.

Key facts

India aims to increase annual seafood exports by 2.5 times to reach a target of $30 billion over the next five years through higher production and quality.
Marine product exports reached a record ₹73,890.46 crore ($8.45 billion) in FY26, with total export volumes recorded at 1.97 million metric tonnes.
Andhra Pradesh is the largest fish producer and seafood exporter in India, achieving an aquaculture production of 5.539 million tonnes in FY26 and a 66% share in shrimp exports.
The National Fisheries Board will establish a regional office in Andhra Pradesh to facilitate increasing value addition in the fisheries sector from 12% to above 25%.
India's seafood exports increased to the European Union (EU), Japan, China, and Southeast Asia despite the United States (US) imposing tariffs of 55.8%.