Restrictions
The banning of trawling by chartered foreign vessels and the speedy motorization of traditional fishing craft in the 1980s led to a quantum jump in marine fish production in the late 1980s. The export of marine products rose from 97,179 tons (Rs531 billion) in FY 1987 to 210,800 tons (Rs17.4 trillion) in FY 1992, making India one of the world's leading seafood exporting nations. This achievement was largely a result of significant advancements in India's freezing facilities since the 1960s, advancements that enabled India's seafood products to meet international standards. Frozen shrimp, a high-value item, has become the dominant seafood export. Other significant export items are frozen frog legs, frozen lobster tails, dried fish, and shark fins, much of which is exported to seafood-loving Japan. During the eighth plan, marine products were identified as having major export potential.
Read more about this topic: Fishing In India