Overview

• The tariff hike to 50 percent took effect on August 12, sharply undermining Indian shrimp’s competitiveness in its largest market.
• Exporters have suspended shipments to the U.S. and cut purchase prices by ₹40–60 per kilogram, driving farm-gate rates down by ₹230 per quintal.
• The Seafood Exporters Association of India has asked the commerce and finance ministries for soft loans, interest subvention and a moratorium to protect about $2 billion in export value.
• Shrimp farmers across over 4.65 lakh acres in Andhra Pradesh are planning phased protests and demanding procurement at minimum support prices, subsidies and cold-storage facilities.
• Exporters are exploring alternative markets in Europe and East Asia and seeking to boost domestic absorption to clear mounting inventories and stem losses.