India asks Thailand to invest in the fishing sector in the Andaman and Nicobar Islands

Published 2024년 1월 21일

Tridge summary

India is seeking Thai investment in the fishing and tourism sectors of the Andaman and Nicobar islands, which are rich in marine resources. The region faces challenges such as limited industrial fishing activity and restricted market connectivity, so there is potential for technology exchanges and capacity building to improve infrastructure and establish a brand name for seafood products. The Indian government and administration are also hopeful for joint collaboration with Thailand in areas such as tourism and infrastructure development, as they believe the projects could be complementary and beneficial for both countries.

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Original content

India is inviting Thailand to invest in its fishing and tourism sector in the Andaman and Nicobar islands. Shri Vishwendra, Secretary of Fisheries in the Andaman and Nicobar Administration, said opportunities for deep-sea fishing in the region were plentiful due to its underexploited nature. The area is rich in marine resources, particularly tuna, with a potential catch of 148,000 tonnes. However, despite this potential, the island faces challenges such as limited industrial fishing activity, insufficient local demand, restricted market connectivity, manpower issues, and infrastructure logistics. Hence, there is room for technology exchanges in fisheries and seafood processing to improve the local infrastructure and enhance capacity building. This would contribute to establishing a brand name for seafood products on the island, while Thailand could make money from exporting technologies and expertise in this field. He also suggested Thailand and India could collaborate on joint ...

Source: Bangkokpost