Lakshadweep hosts first-ever investors' meet to unlock fisheries, aquaculture potential
Kavaratti (PTI): The Centre, in collaboration with the Lakshadweep administration, has organised a first-of-its-kind investors' meet in the union territory to boost the fisheries and aquaculture sector.
The meet on "Investment Opportunities in Fisheries and Aquaculture Sector of Lakshadweep Islands" was organised at Bangaram Island on Saturday.
The Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying (MoFAHD), Government of India joined hands with the Lakshadweep administration to organise the event, according to an official statement.
"This was a first-of-its-kind investors' meet in the Island, wherein various Investors from across the country participated. So far, investments to the tune of approximately Rs 519 crore have been envisaged," the statement said.
The event was attended by union ministers Rajiv Ranjan Singh, S P Singh Baghel and George Kurian, along with Praful Patel, the Administrator of Lakshadweep.
An interactive session was held as part of the meet to provide investors with a platform to share experiences and highlight challenges.
They outlined several issues, including transportation of the production to the mainland, cold storage requirements, ice plants, and development of chilled fish handling centres for post-harvest management.
The Investors called for value-added facilities for sashimi-grade tuna, fish oil refining capacities, the requirement of skilled labour, and ornamental fish brood banks for the strategic utilisation of Lakshadweep's Exclusive Economic Zone (EEC) to drive sustainable growth.
In his keynote address, Ranjan Singh said that the Centre issued fishing rules for the EEZ and hence, the fishermen operating there can now legally fish with an authorised "access pass," enabling them to export high-value tuna and other fish products to international markets.
As per international law, fishery resources present in India's EEZ will now be recognised as "Indian origin," which would further facilitate the export of fish products, he added.
The minister further said that the Centre issued the 'High Seas Fishing Guidelines' granting fishing vessels flying the Indian flag the legal right to operate in these waters, it said. He also urged investors to come forward and seize the vast investment opportunities in the sector.
Baghel, in his address, highlighted Lakshadweep's untapped fisheries potential and called for the need to bridge the gap between the archipelago's current production of 14,000 tonnes and its potential of 1 lakh tonnes.
He emphasised that the islands are naturally suited for premium-quality tuna fishing using pole-and-line and handline methods are globally recognised for their clean and sustainable practices. With proper branding, certification, and modern value-chain development, Lakshadweep tuna can access high-end international markets.
He urged exporters to explore newer markets and leverage existing government welfare schemes to strengthen the fisheries value chain.
Minister Kurian focused on emerging investment domains such as seaweed farming and ornamental fisheries, which offer high returns and diversification opportunities.
He emphasised that India must harness its vast EEZ to boost production, strengthen deep-sea fishing, and create value-added seafood products, driving the blue economy forward.
Administrator Patel affirmed the collective commitment to realise Prime Minister Narendra Modi's vision of leading the blue revolution and urged stakeholders to share sector-wise and policy-related suggestions to help frame Lakshadweep's first fishing policy.
Highlighting upcoming initiatives such as the Minicoy airport development and cooperative society strengthening, Patel assured full support to the investors, with plans for a follow-up meeting in Delhi to accelerate progress.
The investors' meet brought together 22 key investors from various parts of the country. Over 200 participants joined in hybrid mode, the statement said.
The event was attended by senior officials from the Department of Fisheries of the Centre and the UT along with local fishermen societies, the statement added.
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Experience comes when you play bigger teams in bilateral series: Rashid Khan
Chennai (PTI): Afghanistan skipper Rashid Khan called for more bilateral series against stronger cricketing nations after his team signed off from the T20 World Cup on a high, defeating Canada in their final group match here on Thursday.
Afghanistan played some exhilarating cricket, going down to South Africa in a gripping second Super Over after the scores were tied, a humdinger that provided one of the early thrills of the World Cup.
However, the spin-bowling stalwart said Afghanistan could make significant strides if they get regular opportunities to compete against stronger cricketing nations.
"Couple of areas to improve, with the batting, the middle order got a bit stuck against the big teams, and then with the bowling the death overs. That comes when you play the bigger teams in bilateral series," said Rashid after his team defeat Canada by 82 runs, with him returning excellent figures of 2 for 19.
The stalwart said the side had arrived well prepared for the tournament and produced some breathtaking cricket, but admitted the narrow defeat to South Africa proved costly and remained a painful setback.
"We were well-prepared (for the tournament), we played some unbelievable cricket. The game against South Africa, that really hurt everyone. We had to win one of those (first two) games and see how the tournament unfolded. We'll take some positive things from this World Cup and look forward," he said.
With head coach Jonathan Trott set to part ways with the team, Rashid described the departure as an "emotional" moment for the side.
"I think we had some wonderful times with him. Where we are now, he played a main role. It's emotional to see him leave us, but that's how life is. We wish him all the best and somewhere down the line we see him again."
Ibrahim Zadran, who was named Player of the Match for his unbeaten 95 off 56 balls, said it was satisfying to finally register a substantial score after two below-par outings.
"I enjoyed it, didn't play better cricket in first two innings, which I expect. Wanted to back my skills, really enjoyed it. Pressure was there, it's there all the time. I want to put myself in pressure situations and enjoy it," said Zadran.
"Wanted to play positive cricket, rotate strike and punish bad ball, create partnerships and this is what I have done."
