Seafood exports costlier in India

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Kolkata, Oct 03, 2007: Seafood exporters in India are also reeling under the impact of the rising rupee and are unable to compete with its Asian competitors like China, Vietnam, Bangladesh and Sri Lanka.

Indian seafood exports dropped by 16 percent in quantity and 14 percent in value terms during the April to June quarter of 2007-08, compared with the same period a year ago… due to the appreciation of the Indian currency.

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