Shrimp

Indian shrimp production to fall up to 20% as price crunch renders farms unviable

Many Indian shrimp farms have lain fallow the last 12 months as high post-COVID inventories stacked up in the world's biggest markets.

Low shrimp prices over the last 12 months have led to many Indian producers fallowing their farms or switching over to alternative species such as freshwater shrimp and fish, Choice Group Director Thomas Jose told IntraFish.
Low shrimp prices over the last 12 months have led to many Indian producers fallowing their farms or switching over to alternative species such as freshwater shrimp and fish, Choice Group Director Thomas Jose told IntraFish.Photo: Shutterstock
Published 9 October 2023, 07:48Updated 9 October 2023, 07:48
Farmed shrimpIndiaChoice Canning