<h1>India's MPEDA Boosts Marine Exports with Subsidies for Modernization and Infrastructure, Achieves USD 2.93 Billion in 2011-12.</h1> The Marine Products Export Development Authority (MPEDA) under India's Ministry of Commerce and Industry promotes marine exports. From April 2011 to January 2012, marine product exports reached 704,952 tons, valued at Rs. 13,753.43 crore, earning USD 2,930.93 million. MPEDA implements subsidy schemes for modernizing processing facilities, infrastructure development, aquaculture, and promotional activities. These include financial assistance for fish curing, chilled fish export facilities, technology upgrades, ice plant renovations, tuna processing, refrigerated transport, cold storage, and insulated fish boxes. The subsidies aim to enhance export capabilities and boost foreign exchange earnings.