Government Invests Rs 39,272 Crore Since 2015 to Transform Fisheries and Aquaculture Sector

Government Invests Rs 39,272 Crore Since 2015 to Transform Fisheries Sector
India’s fisheries sector is emerging as a key driver of economic growth, contributing significantly to food security while sustaining millions of livelihoods across coastal and rural regions. Once largely production-oriented, the sector has begun to attract innovative ideas and entrepreneurial talent, giving rise to a growing fisheries start-up ecosystem, according to an official statement by the Ministry of Fisheries, Animal Husbandry and Dairying dated March 27, 2026.

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Investment Boost Fuels Fisheries Growth

Since 2015, the Government has invested Rs 39,272 crore through various initiatives schemes to promote sustainable development in fisheries and aquaculture. This push has catalysed the emergence of over 300 start-ups, many of which are leveraging advanced technologies such as blockchain, Internet of Things (IoT), and artificial intelligence (AI) to develop innovative, commercially viable solutions that enhance productivity, ensure traceability, and improve value chain efficiencies.

“To address the fisheries’ value chain challenges through innovative technology solutions, a set of problem statements have been identified that focus on developing nutritious and affordable aquaculture feeds from sustainable sources, enhancing aquaculture sustainability through AI-powered precision farming, building resilient and inclusive seafood supply chains, minimizing waste while maximizing value in the seafood industry, and integrating traditional knowledge with modern technology for sustainable fisheries,” the Ministry said.

Technology Driving Efficiency and Sustainability

The integration of technology is redefining operations across the fisheries sector. IoT-enabled systems are being used for real-time monitoring of water quality, pond health, and environmental conditions, helping farmers reduce input costs and adopt precision aquaculture practices. “Artificial intelligence (AI) and machine learning (ML) tools are increasingly being used for disease prediction, biomass estimation, feed optimisation, and decision-support systems that help farmers manage risks and improve yields,” the Ministry added.