| Date: |
22-04-2011 |
| Subject: |
Marine Products Export Cross USD 2.5 Billion Mark |
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Export of marine products from the country touched USD 2.67 billion mark during the fiscal 2010-11 by registering a growth of 10.96 per cent in quantity, over the year-ago period.
This is 20.42 per cent in rupee value and 25.55 per cent in USD realisation compared to the previous fiscal, according to the provisional export figures.
This was the first time in the history of Marine Products Industry, that India had crossed the USD 2.5 billion mark.
Average unit value realisation had also gone up by 13 per cent, Marine Products Export Development Authority (MPEDA) said.
A total quantity of 75,2791 tonnes of marine products were exported during April-March 2010-11 valued at Rs 12,100.48 crore against 67,8436 tonnes valued at Rs 10,048.53 crore over the year-ago period, MPEDA said in a press release here.
In US dollar terms the value was 2,677.
Source : ptinews.com
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