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Economic Times
Economic Times
1w ago 17 views

Amit Shah inaugurates Deep-Sea Fishing Vessels at Mazagon Dock in Mumbai

Union Home Minister Amit Shah inaugurated advanced deep-sea fishing vessels in Mumbai to empower fishing cooperatives, boosting India's Blue Economy and creating jobs.
Amit Shah inaugurates Deep-Sea Fishing Vessels at Mazagon Dock in Mumbai
A What happened
On October 27, 2025, Union Home Minister Amit Shah inaugurated advanced deep-sea fishing vessels at Mazagon Dock in Mumbai, a significant initiative aimed at modernizing India's marine fisheries sector. This program, under the Pradhan Mantri Matsya Sampada Yojna, provides financial support for the construction of these vessels, which are expected to enhance deep-sea fishing capacity and empower fisheries cooperatives. The initiative is designed to explore India's Exclusive Economic Zone (EEZ) and High Seas, unlocking new opportunities in high-value fisheries such as tuna. The vessels are equipped with advanced technologies for sustainable harvesting, ensuring minimal ecological disruption while maximizing economic returns. The focus on strengthening fisheries cooperatives, particularly women-led enterprises, aims to drive inclusive growth and socio-economic transformation in coastal communities. This initiative is expected to generate substantial employment opportunities, bolster India's seafood exports, and support national goals of food security while safeguarding marine ecosystems.

Key insights

  • 1

    Empowerment of Cooperatives

    The initiative strengthens fisheries cooperatives, promoting self-reliance and economic growth.

  • 2

    Sustainable Fishing Practices

    Advanced technologies ensure responsible resource management and minimal ecological disruption.

  • 3

    Job Creation

    The deep-sea fishing initiative is expected to generate significant employment in coastal regions.

  • 4

    Boosting Seafood Exports

    Enhancing deep-sea capacity will strengthen India's position in global marine trade.

Takeaways

The inauguration of deep-sea fishing vessels marks a pivotal moment for India's marine fisheries, promoting sustainable practices and empowering local communities while enhancing economic opportunities.