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India’s shrimp trade recorded a steady rise in the first five months of FY26, with exporters earning $2.43 billion — an 18 per cent increase from last year — as per a new assessment by CareEdge Ratings. Shipment volumes also improved, touching 3.48 lakh metric tonnes, up 11 per cent year-on-year. Much of this momentum…
NEW DELHI: Andhra Pradesh IT minister Nara Lokesh said the state govt has reduced power tariffs for shrimp farmers to address a key disadvantage against rivals such as Ecuador after the US tariffs. “Our closest competitor, Ecuador, had 16% tariffs, so the difference was around 34%. I sat with the ministers, we interacted with the…
The US FDA has halted Indonesian spice imports after detecting radioactive cesium 137 in cloves, following earlier massive shrimp recalls. This contamination, a byproduct of nuclear reactions, has raised health concerns despite low levels found. While no contaminated food reached consumers, extensive shrimp recalls are underway. The FDA advises avoiding affected products due to potential…
Facing mounting cancellations of nearly half the shrimp export orders, Andhra Pradesh CM N Chandrababu Naidu has said US tariffs have inflicted losses of around Rs 25,000 crore on the state’s aquaculture sector.Andhra Pradesh Chief Minister N Chandrababu Naidu has said that American tariffs have dealt a heavy blow to the state’s shrimp exports, causing…
