City
Epaper

Icelandic collaboration to further boost India’s Blue Economy

By IANS | Updated: September 12, 2025 16:45 IST

New Delhi, Sep 12 India and Iceland are set to enhance collaboration in fisheries and aquaculture, emphasising sustainable ...

Open in App

New Delhi, Sep 12 India and Iceland are set to enhance collaboration in fisheries and aquaculture, emphasising sustainable practices, zero-waste models, technology transfer and cluster-based development, the government said on Friday.

An Indian delegation, led by Dr. Abhilaksh Likhi, Secretary of the Department of Fisheries, completed a three-day official visit in Iceland's Reykjavík to strengthen bilateral cooperation through strategic partnerships, investment promotion, and innovation exchange, an official statement said.

Likhi met with senior representatives of the Iceland Ocean Cluster and discussed cooperative innovation in fish processing, value addition, traceability, and certification. BRIM and Hampiðjan, leading Icelandic companies, provided insights into their advanced zero-waste models and cutting-edge processing technologies.

"Both sides explored investment opportunities for the Icelandic seafood processing industry in India, along with ways to deepen business-to-business (B2B) linkages," the statement said.

The delegation also visited MATIS, Iceland’s top food and biotech R&D institute, to discuss cooperation in biotechnology, food safety, and marine resource utilisation. The visit opened new avenues for collaboration in research and technology transfer to bolster India’s fisheries value chain, the release added.

Emphasis was also laid on training and capacity building in deep-sea fishing technologies, alongside the adoption of advanced vessel monitoring and surveillance (VMS) systems, the ministry of Fisheries said.

The two sides explored opportunities in deep-sea fishing technologies, vessel monitoring systems, trout farming, and tuna innovations for India's islands.

The government has adopted a cluster-based development model under the PMMSY, with 34 clusters notified so far. The cluster-based approach enhances competitiveness and efficiency by uniting geographically connected enterprises of all sizes - micro, small, medium, and large-across the entire value chain, from production to exports.

The country’s total fish production has grown by 104 per cent from 96 lakh tonnes in 2013–14 to 195 lakh tonnes in 2024–25, as inland fisheries expanded by 142 per cent for the same period from 61 lakh tonnes to 147.37 lakh tonnes, according to government data.

India stands as the second largest fish producing nation in the world, contributing around 8 per cent of global output.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

BusinessIANS Year Ender 2025: Indian equities recover in 2025 after correction, earnings, rate cuts key in 2026

EntertainmentIANS Year Ender 2025: 15 iconic Hindi Films that redefined new-age cinema in the first quarter of the 21st Century

NationalFairPoint: A year of perfect signals for Rahul Gandhi and Congress

EntertainmentAhead of Jan 9 Release, ‘The RajaSaab’ Makers Promise a Grand Horror-Fantasy Spectacle

NationalHM Shah leads BJP in remembering Arun Jaitley on 73rd birth anniversary

Business Realted Stories

BusinessGautam Adani inspires young India to lead the AI age

BusinessRisk-averse growth takes centre stage across India's BFSI sector: Report

BusinessHow Pakistan govt is letting down its people

BusinessBe prompt in reporting vigilance matters linked to Directors, govt tells public sector banks

BusinessRatan Tata reshaped Indian enterprise with integrity: HM Amit Shah