Visakhapatnam, June 5 -- India has set its sights on a dramatic leap in seafood exports, with Commerce and Industry Minister Piyush Goyal calling on the industry to scale up from the current USD 8.5 billion to USD 30 billion within five years.

Speaking at a national workshop on seafood exports in Visakhapatnam, Goyal said the ambitious target is achievable but only if the sector sharpens its focus on production quality and value-added goods rather than raw commodities.

"Take India's fish across the world. Reduce import of raw shrimp and export value-added goods and build brands," he urged industry stakeholders.

Goyal also pointed to India's recently finalised nine free trade agreements with developed nations as a major tailwind, saying...