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    <title>Marine Products Exports from India Fetches a Foreign Exchange of USD 5.5 Billion in 2014-15</title>
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    <description>Marine products exports reached USD 5,511.12 million in 2014-15 (10,51,243 MT; Rs. 33,441.61 crores), up 10.05% in USD and 6.86% in quantity. Frozen shrimp dominated exports-about 34% of quantity and over 67% of USD earnings-driven by cultured vannamei growth despite falling unit values late in the year. Frozen fish declined in value and unit price, while value added products and certain species gained. USA, South East Asia and the EU were principal markets; China recorded significant declines. MPEDA set a USD 6.6 billion export target for 2015-16, citing production increases, species diversification, quality controls and infrastructure expansion.</description>
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    <pubDate>Fri, 03 Jul 2015 12:29:05 +0530</pubDate>
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      <description>Marine products exports reached USD 5,511.12 million in 2014-15 (10,51,243 MT; Rs. 33,441.61 crores), up 10.05% in USD and 6.86% in quantity. Frozen shrimp dominated exports-about 34% of quantity and over 67% of USD earnings-driven by cultured vannamei growth despite falling unit values late in the year. Frozen fish declined in value and unit price, while value added products and certain species gained. USA, South East Asia and the EU were principal markets; China recorded significant declines. MPEDA set a USD 6.6 billion export target for 2015-16, citing production increases, species diversification, quality controls and infrastructure expansion.</description>
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