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Indian seafood industry fears further setback on freight hike, US retaliatory tariff May 03, 2021 × India’s largest market of aquaculture shrimps is the US, accounting for about 50% of the country’s total production Already beset with problems on the production and export fronts, the Indian seafood sector fears further setback due to the proposed retaliatory tariff by the US and impending freight rate hike. US trade authorities are planning retaliatory tariffs against the imposition of two per cent tax by India on revenue generated by digital services offered in India. One of the items mentioned is frozen shrimps. India’s largest market of aquaculture shrimps is the US, accounting for about 50 per cent of the country’s total production to the tune of $ 2.5 billion annually. The shrimp export sector, employing nearly 10 million people, mainly shrimp farmers, will get seriously affected, and requires urgent consideration from the government, a note prepared by Seafood

Narendra modiAlexk ninanSeafood exporters association of indiaSeafood exporters associationPrime minister narendra modiExported productsSeafood industryநரேந்திர மோடிகடல் உணவு ஏற்றுமதியாளர்கள் சங்கம் ஆஃப் இந்தியாகடல் உணவு ஏற்றுமதியாளர்கள் சங்கம்ப்ரைம் அமைச்சர் நரேந்திர மோடிகடல் உணவு தொழில்கடல் உணவு