Sea Food Processing

  • Long coastline of 480 km with continental shift area of 24,000 sq kms along the East Coast of India
  • One of the largest seafood producing states of India, major supplier of seafood to the hinterland states of Jharkhand, Chattisgarh, West Bengal, etc.
  • Marine fish constitutes over 40% of the total fish production of 467,076 MT in the State
  • Exports of seafood poised to grow to USD 1.6 Billion by 2020 with a Y-o-Y of 15 %.
  • Major exporter to EU and Far East countries.  

Ecosystem

A. Resources
  • 418,000 hectares of brackish water resources including Chilika Lake, the largest brackish water lake in Asia.
  • 108 fish seed hatcheries with a production capacity of 673 million.
B. Fisheries and Specialized Infrastructure
  • Mega Seafood Park: An exclusive industrial park in an area of 152 acres for sea food/marine products industry with fully developed infrastructure, common facilities, cold storage, packaging units, etc.
  • A major fishing harbor networked with five minor harbours and 28 fish landing centres
C. Accessibility

Proximity to major South-East Asian markets such as Thailand, Indonesia, Vietnam, etc.

D. Policy Framework

A comprehensive Fisheries Policy 2015 promulgated recently to accelerate growth of the sector. Additionally, Odisha Food Processing, 2013 provides several incentives for setting up of sea food industry in Odisha.

Investment Opportunities

Huge potential for value addition in sea food in terms of:

  • Packaged food
  • Processed Foods
  • Hatcheries
  • Integrated Shrimp farming and processing
  • Development of fisheries infrastructure
  • Warehousing and Cold Storage
  • Logistics infrastructure