India has set some ambitious targets with its goal to increase its seafood exports from around $5 billion (€3.9 billion) in 2013/2014 to $10 billion (€7.9 billion) by 2020 -- but A.J. Tharakan, president of the Seafood Exporters Association of India, is confident it will reach its goal -- all issues aside.
Shrimp exports, which currently account for 67 percent of the total overseas sales value, or $3.35 billion (€2.6 billion), are likely to continue to grow 20 percent on a year-on-year basis, he said, with more areas coming under vannamei farming.
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