Aquaculture industry set to scale new heights

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Andhra Pradeshis focusing more on aquaculture which is a rapidly growing sector in the country. It also provides significant economic benefits for the state. AP plays a vital role in countrys seafood exports, ranking first in production of fish and shrimp, besides egg. It stood on top in marine exports in the fiscal year 2021-22.

While the state is gearing up for the Global Investors Summit on March 3 and March 4, and G20 Summit on March 28 and March

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29 inVizag, the government has been showcasing its advantages in the farming sector.

The state has favourable climatic conditions and ample Resources“>Water Resources, besides a long coastline of 974 km for aquaculture.

Around 1.38 lakh farmers are involved in aquaculture in 2.12 lakh hectares in AP. As many as 111 cold storages store 2.27 metric tonnes of aqua products. The government is now providing subsidised power to aqua farmers cultivating in areas of less than 10 acres falling under aqua zones, with about 26,000 power connections currently receiving the benefit.