India, March 18 -- The Government of India issued the following news release:
India has significant potential for seaweed cultivation. As reported by the Central Marine Fisheries Research Institute (ICAR-CMFRI) total seaweed production in the country was 72,385 tonnes (wet weight) in 2023. The main cultivated species are Kappaphycus alvarezii and Gracilaria edulis, which are widely used for carrageenan and agar production. Seaweed is also utilized in food, biofertilizers, pharmaceuticals, cosmetics, animal feed, and biofuels.
In June' 2020, the Government of India launched a flagship scheme namely, Pradhan Mantri Matsya Sampada Yojana (PMMSY), with total investment of Rs. 20,050 crore towards promoting the fisheries sector in the country....