MARCH 202519India's seafood export market is on a steady growth trajectory, expanding at a rate of around 3-5 percent annually, driven primarily by demand from major markets like the U.S. The sector faces significant opportunities for growth, with the potential to expand at a rate of 5-10 percent per year with enhanced government support. However, high freight costs, port congestion, and inflation in key export markets like the U.S. and Europe continue to pose hurdles. The COVID-19 pandemic also exacerbated these issues, particularly with logistical disruptions and rising costs. Ongoing geopolitical tensions, such as the conflicts in Ukraine, Israel, and Lebanon, add further complexities to global trade, contributing to persistent challenges in freight and material availability. A family-run business with over five decades of experience in the seafood export sector, Mangala Group has relied on its expertise to navigate these obstacles.MANGALA GROUPAdeptly Navigating Challenges inFreight & Material AvailabilityAshok Bhat,Director/PartnerBy Ankit TOP 10SEAFOOD EXPORTERS2025
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