How to start a seafood export business in India?
This is a complex, regulated, but potentially lucrative business. It involves navigating international standards and supply chain logistics.1. Legal and Regulatory Compliance (The First Step): Business Registration: Register your company and obtain an Import Export Code (IEC) from the Directorate General of Foreign Trade (DGFT). FSSAI License: You need a state and central FSSAI license for export. MPEDA Registration: It is mandatory to register with the Marine Products Export Development Authority (MPEDA). EIC Certification: Your processing unit must be certified by the Export Inspection Council (EIC) to ensure it meets hygiene and safety standards for the target country.2. Supply Chain and Sourcing: Source from Registered Hatcheries/Fishermen: You must source from MPEDA-registered suppliers to ensure traceability and quality. Processing Unit: You will need access to a processing plant that meets international HACCP and ISO standards. This often means building or leasing a state-of-the-art facility with cold storage. Logistics: Partner with freight forwarders experienced in perishable goods. You need a cold chain from the plant to the destination airport/port.3. Market Research and Buyers: Identify Target Markets: Research which countries import the seafood you plan to export (e.g., USA, EU, Japan, China). Each has its own strict regulations.* Attend Trade Fairs: Events like India International Seafood Show are crucial for meeting international buyers.* Quality is Paramount:** International buyers will audit your facility. Consistency, size grading, and packaging are critical.This is a capital-intensive business requiring deep industry knowledge. Starting as a trader, by connecting Indian processors with international buyers for a commission, can be a lower-risk way to enter the field.