India’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 Group, founded in 1967 by M.V. Ramachandra Bhat, has grown to become one of India’s leading seafood enterprises, producing over 17,000 tonnes of frozen seafood annually. “As one of the top producers of wild caught seafood and farm-raised shrimp, we offer a diverse product range with over 50-60 products”, says Ashok Bhat, Owner, Mangala Marine.
Starting as a single plant operation, the company now boasts a state-of the-art infrastructure with
multiple processing units equipped with modern technology. The growth reflects its commitment to quality and customer satisfaction, with a focus on ensuring ‘Quality Through Control’ at every step of the production process. By implementing stringent quality controls, the company guarantees the safe, timely delivery of its products to international markets.
The growth reflects its commitment to quality and customer satisfaction, with a focus on ensuring ‘Quality Through Control’ at every step of the production process
Certified Standards
The company’s focus on quality and maintaining high standards has earned it strong relationships with major retail chains, particularly in the U.S., which accounts for 60 percent of its market. With an experienced team and robust cold storage infrastructure, it is well-positioned to meet client expectations and ensure product quality from arrival to shipment. The company’s facilities are HACCP compliant and certified by international bodies such as ISO 22000:2018 and BRC, further solidifying its reputation for excellence.
In-house laboratories and modern processing equipment ensure that all seafood products meet the highest safety and hygiene standards, free from contamination and adulteration. Mangala Group's commitment to sustainability is evident in its focus on producing safe and wholesome fishery products that consistently meet both national and international requirements.
Innovation, Expansion, Growth
The company’s success is driven by a strong management team and a highly experienced workforce, with over five decades of industry expertise. This team-centric approach fosters innovation, transparency, and customer satisfaction, laying the foundation for long term partnerships with clients. Its journey is marked by continuous technological upgrades and expansion, which has enabled it to consistently meet market demands and position itself as a top seafood exporter in Kerala.
Mangala is setting ambitious goals for growth, with a target of becoming a ₹600-700 crore business in the next three years. It is exploring an IPO and commercial expansion, including setting up a new facility in Andhra Pradesh to further capitalize on the region’s aquaculture potential. As India’s presence in the global seafood trade is expected to grow, Mangala Group is well-positioned to contribute significantly with its range of products and well-equipped facilities.
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