Kavaratti, Aug 31: Vice President C. P. Radhakrishnan has highlighted the fisheries sector as a key driver of India’s long-term economic development, calling for greater use of technology, scientific practices and sustainable methods to unlock the country’s blue economy potential.
Addressing an event in Lakshadweep, the Vice President described the occasion as an important milestone for the islands and India’s broader Blue Revolution. He said the country’s fisheries and aquaculture industry has emerged as an important growth sector, with significant potential to generate livelihoods and strengthen coastal economies.
Radhakrishnan said the government is working to ensure that development schemes and support reach fishing communities directly. He noted that fisheries projects worth more than ₹62 crore have been approved for Lakshadweep under the Pradhan Mantri Matsya Sampada Yojana (PMMSY).
Lakshadweep has considerable marine resources, with its estimated fisheries potential exceeding one lakh tonnes. Tuna and tuna-like species account for around 94,000 tonnes of this potential, offering significant scope for expanding the islands’ seafood economy.
The Vice President stressed that this potential must be developed responsibly, with scientific management and conservation remaining central to fisheries growth. Sustainable fishing practices, protection of marine resources and stronger action against illegal, unreported and unregulated fishing were identified as important priorities.
India’s seafood export industry is also expanding its global footprint. Seafood exports crossed ₹73,000 crore in the last financial year, with Indian products reaching more than 120 countries. Further development of the country’s Exclusive Economic Zone and opportunities in the high seas could help expand this presence in international markets.
Radhakrishnan also encouraged young people to look at fisheries as a modern and technology-driven career rather than limiting it to a traditional occupation. Advances in marine science, aquaculture, processing, cold-chain infrastructure and digital technology can create new opportunities for employment and entrepreneurship.
Drawing a comparison with India’s Green and White Revolutions, he said the Blue Revolution could similarly transform the economic prospects of fishing communities if government, industry, researchers and local communities work together.
A stronger fisheries sector could contribute to food security, rural and coastal employment, exports and economic growth, while creating opportunities for value-added seafood processing and allied industries.
The Vice President called for coordinated efforts to make the blue economy an important pillar of India’s Viksit Bharat 2047 vision, with growth balanced by the long-term protection of the country’s marine resources.