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Incentivise Innovation

Modernize infrastructure, promoting sustainable practices to boost exports, says Captain Fish

By UTHAM GOWDA

Founder & CEO of Captain Fresh

As India charts its path to achieve ₹1 lakh crore in seafood exports annually, the Union Budget 2025-26 is expected to play a pivotal role in driving this ambitious goal.

At Captain Fresh, we’ve seen how technology can form the foundation for creating a platform business connecting various nodes across the global supply chain. As digitization becomes an imminent theme in organizing global supply chains, India can position itself as an exporter of not just seafood but also technologies that transform the value chain.

We hope the government will incentivize innovation by fostering collaboration with tech startups in the production ecosystem—both marine & aquaculture—to address critical challenges like scalability, market access, and international quality standards.

We expect the budget to emphasize technology integration, infrastructure development, and policy reforms to enable sustainable growth. Strengthening bilateral trade agreements to reduce tariff barriers and prioritizing R&D to advance domestic productivity will be crucial for meeting growing global demand.
By modernizing infrastructure and promoting sustainable practices, the government can boost exports and position India as a global leader in the Blue Economy, creating significant economic opportunities for coastal communities.

Aligning fiscal priorities with sectoral needs will also enhance resilience, generate employment, and drive GDP growth while solidifying India’s standing in the $450 billion seafood industry.

 

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