Economic analysis of mariculture operations

India is the third largest fish producing country in the world and occupies second position in global aquaculture production (DAHDF, 2022). The fish production in the country reached 14.73 million t in FY 2020-21 and recorded an outstanding double-digit annual growth of 10.87 per cent since 2014-15. Fisheries sector contributes about 1.24 per cent to the country’s GVA and over 7.28 per cent to the agricultural GVA (Economic survey, 2021-22)