Costly Fish is prompting restaurants to go for imported varieties.Import of such varieties from SE Asia has gone up due to demand from premier restaurants.
Coffee plantations plagued by labour shortage will benefit from the decision to reduce the import tariff on coffee machines from 7.5% to 5%.
The rubber industry has called for the removal anti-dumping duties on import of raw materials like rubber chemicals and carbon black.
Cashew exporters are exploring new markets with volumes shipped to the US and Europe facing a slump.
Though the market intervention price scheme is yet to come into effect, global rubber prices have been looking up since then.
The seafood exports have shown 22% rise in value and 1.48 %increase in quantity for the April-December 2011 period.
The traditional banana and tapioca chips industry in Kerala worth around 750 crore is in a changeover mode.
Indian seafood exports to the US will be hit due to the soft pedaling of the Union Government with the WTO on the anti-dumping duty on shrimp.
Coffee exporters are facing a glut in the world market amid a lull in demand. Arabica shipments are down 23% in the January-February period.
Indian aquaculture farms are upbeat about the rising prospects of farmed shrimps in the overseas market.
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