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Marine exports stayed resilient in March 2026. Shipments stood at $680.31 million, up 0.76% YoY.
For April 2025 to March 2026, exports rose 13.86% to $8431.33 million. This reflects strong annual momentum despite short-term volatility.
The long-term trend remains strong. Exports have grown at about 7% annually over the past 11 years. Marine product export value has more than doubled from Rs 30,213 crore in 2013-14 to Rs 62,408 crore in 2024-25. Growth is largely driven by shrimp exports.
Government commentary has supported sentiment. On 11 April 2026, Union Minister Rajiv Ranjan Singh, who heads the Ministry of Fisheries, Animal Husbandry and Dairying and the Ministry of Panchayati Raj, said exports remain strong despite global uncertainties. He highlighted rising demand from non-US markets and better diversification.
Singh also urged exporters to target Rs 1 lakh crore and adopt an open-market approach, with support from EIC, NCDC, NABARD and the Ministry of Food Processing Industries.
India exports over 350 seafood products to nearly 130 markets. The United States leads with a 36.42% share in 2024-25. It is followed by China, the European Union, Southeast Asia, Japan and the Middle East. Other markets contribute about 9%.
Steady demand and improving realizations have made marine exporters relative outperformers within agri exports. This has driven buying interest in listed seafood stocks.
FCS Software Solutions Ltd, EPack Prefab Technologies Ltd, Kitex Garments Ltd and AMD Industries Ltd are among the other gainers in the BSE's 'B' group today, 23 October 2025.
Coastal Corporation Ltd soared 20.00% to Rs 44.76 at 12:01 IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 3.06 lakh shares were traded on the counter so far as against the average daily volumes of 9294 shares in the past one month.
FCS Software Solutions Ltd surged 19.34% to Rs 2.53. The stock was the second biggest gainer in 'B' group. On the BSE, 47.76 lakh shares were traded on the counter so far as against the average daily volumes of 4.31 lakh shares in the past one month.
EPack Prefab Technologies Ltd spiked 18.54% to Rs 241. The stock was the third biggest gainer in 'B' group. On the BSE, 16.59 lakh shares were traded on the counter so far as against the average daily volumes of 1.56 lakh shares in the past one month.
Kitex Garments Ltd jumped 14.96% to Rs 214.4. The stock was the fourth biggest gainer in 'B' group. On the BSE, 2.48 lakh shares were traded on the counter so far as against the average daily volumes of 92143 shares in the past one month.
AMD Industries Ltd advanced 13.42% to Rs 61.95. The stock was the fifth biggest gainer in 'B' group. On the BSE, 93 shares were traded on the counter so far as against the average daily volumes of 8734 shares in the past one month.
Indian seafood exporters earn a large share of their revenue from the US market, making them particularly sensitive to trade policy developments. The stocks had come under pressure earlier this year after the Trump administration hiked tariffs on Indian imports to 50%, citing India’s continued purchases of Russian oil.