The “Look East Policy” of India could create opportunities for Manipur’s fisheries sector through:

The “Look East Policy” of India could create opportunities for Manipur’s fisheries sector through:

• Export markets in Southeast Asia: The Look East Policy aims to improve India’s economic and strategic ties with Southeast Asia. This could create new export markets for Manipur’s fisheries products, such as fish, shrimp, and prawns.
• Technology exchange: The Look East Policy could also lead to technology exchange between India and Southeast Asia. This could help Manipur’s fisheries sector to adopt new technologies, such as aquaculture and fish processing.
• Collaboration in aquaculture: The Look East Policy could also lead to collaboration in aquaculture between India and Southeast Asia. This could help Manipur to develop its aquaculture sector and increase its production of fish.

In conclusion, the “Look East Policy” of India could create opportunities for Manipur’s fisheries sector through export markets, technology exchange, and collaboration in aquaculture.

Here are some additional details about each of these opportunities:

• Export markets: Southeast Asia is a large and growing market for fish and seafood. In 2018, Southeast Asia imported an estimated $15 billion worth of fish and seafood. This market is expected to grow in the coming years, driven by population growth and rising incomes. Manipur could tap into this market by exporting its fish and seafood products to Southeast Asia.
• Technology exchange: India and Southeast Asia have a lot to learn from each other in terms of fisheries technology. India has a strong track record in aquaculture, while Southeast Asia has a strong track record in fish processing. By exchanging technology, both India and Southeast Asia could benefit and improve their fisheries sectors.
• Collaboration in aquaculture: Aquaculture is a rapidly growing industry in the world. In 2018, the global aquaculture production was estimated to be 109 million tonnes. This production is expected to grow in the coming years, driven by the increasing demand for fish and seafood. Manipur could tap into this growth by developing its aquaculture sector. Collaboration with Southeast Asian countries could help Manipur to develop its aquaculture sector and increase its production of fish.