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MPEDA chairperson Leena Nair said that increased production of Vannamei shrimp, quality control measures and increase in infrastructure facilities for production of value-added items have helped in setting this target.
During the financial year 2012-13, exports of marine products had reached an all-time high with exports crossing all previous records in quantity.
Nair said the increase in export must be viewed in the light of the weaker economic conditions in the European Union, the still-recovering
While frozen shrimp continued to be the major export value item, fish retained its position as the principal export item in quantity terms and the second largest export item in value terms. Frozen cuttlefish export has also recorded a growth of 16 per cent in quantity.