Govt To Set Up USD 1 Bn Marine Export Zones To Boost Seafood Sector
New Delhi, July 13 -- The government is planning to establish its first dedicated Marine Export Zones (MEZs) as Special Economic Zones (SEZs) to strengthen the country's seafood export ecosystem.
The initiative, with an estimated investment of about USD 1 billion, will begin as a pilot project across coastal districts of Tamil Nadu.
The proposed zones will function as integrated clusters, bringing together facilities such as feed mills, hatcheries, aquaculture farms, seafood processing units, cold storage, packaging centres and export logistics infrastructure, TOI reported.
The project is being led by the Madras Export Processing Zone (MEPZ) under the Union Commerce and Industry Ministry.
Integrated Infrastructure and Employment Poten...
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