GOAL 2019 - India

India to Host Global Aquaculture Alliance Event GOAL - 2019

The Global Aquaculture Alliance’s annual Global Outlook for Aquaculture Leadership (GOAL) conference keeps you ahead of the curve. Join other forward-thinking leaders from across the global aquaculture value chain in reviewing production, sustainability, innovation and market drivers. You’ll come away with valuable knowledge, strategic relationships and an understanding of emerging issues and solutions.

GOAL 2019 will be held at the Leela Palace in Chennai, India, from Oct. 21 to 24. This is the first time that GOAL will be held in India in its 19-year history. This is also the 20th edition of GOAL and the 10th time that GOAL will be held in Asia.

visit this page for more details - https://www.aquaculturealliance.org/goal/

GST on Fish Meal & Fish Oil

GST on Fish Meal & Fish Oil .

Following last GST Council meeting , Govt of India exempted GST on Fish Meal untill end of September 2019 due to lack of clarity . However it will be levied since 1st October 2019 at 5% .
All India Fish Meal & Oil Producers and Merchant Association is trying their best to convince govt to exempt 5% GST on Fish Meal .

Fish Oil GST contnues to be at 12% .

Welcome to My Blog ! Introduction to Indian Fish Meal Industry

Hello  everyone ,

Welcome to my new Blog, I am coming back to my page after 3 long years . ( Last posted in 2016 in another page).

In my new blog  i will posting mostly about Indian Fish Meal & Fish Oil Industry and Related news about Indian Aquaculture .  This Blog is to help understand and get updates on latest trends in Indian Fish Meal & Fish Oil Industry .

India is second largest in Seafood Catch and Second Largets in Aquaculture production in the world.

In India there are 56 factories as on 28/09/2019 . Out of which 20 Factories are located in Mangalore & Udupi ( Karnataka) . Rest of them are scattered in Tamilnadu, Maharashtra, Kerala and Gujrath .

India produces roughly 3,00,000 MT fish meal and 25000MT fish oil annually and has a consumption around same quantity . India does export decent quantity to mainly far east , However due to rapid growth in Indian Aquacture Industry has resulted in high demand in domestic market .

For the last 5 years Indian production has seen a roller coaster due to poor landing and almost vanishing of Indian Sardines from East and West coast of India . Also this has resulted in high demand for availabe mixed variety of thrash fish for the production of Fish Meal & Fish Oil.

Since there are various types of Fish sps available , India produces 50% to 67% crude protein fish meal.  But majorly the grades are between 60% to 63% Crude Protein Fish Meal .

I will keep posting more about this industry .

Please share your thoughts, Feed backs in comment section .