Shrimp Stocks Jump as India Eyes Big Chunk of Global Seafood Pie
- Avanti Feeds, Apex Frozen, Waterbase up about 20% in two days
- India’s seafood exports topped $7 billion in fiscal year 2024
The worldwide seafood market has exploded in the past couple of decades thanks to improvement in aquaculture technologies and growing health consciousness.
Photographer: Linh Pham/BloombergThis article is for subscribers only.
Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly.
Shrimp farmers have been among the hottest stock trades in India this week after the government announced proposals to help local aquaculture firms capture a bigger share of a growing global market.