‘Rising aquafeed cost a matter of concern’

Genetically improved farmed tilapia summit held in Kochi

June 30, 2022 09:34 pm | Updated 09:34 pm IST - KOCHI

The second edition of the India Genetically Improved Farmed Tilapia (GIFT) Summit 2022 here on Thursday discussed a range of issues, including increasing the country’s share in GIFT exports and high seed and feed prices. The summit was organised under the aegis of the Rajiv Gandhi Centre for Aquaculture (RGCA) under the Marine Products Export Development Authority (MPEDA).

MPEDA Chairman K.N. Raghavan said the summit was part of the golden jubilee and silver jubilee celebrations of the MPEDA and the RGCA respectively. He added that there were interactions among aquaculture farmers and scientists from the MPEDA and other institutions during the summit.

Following an appeal from farmers, the price of GIFT seeds from MPEDA’s multi-species hatchery on Vallarpadam island was reduced from ₹6 to ₹3.50. Mr. Raghavan said MPEDA was also aware that aquaculture feed cost was high, which was a matter of concern when it came to encouraging more people to take up fish farming.

Speakers at the summit pointed out how GIFT had become a fish of choice in markets such as the United States and European nations like Spain, the Netherlands, Germany, and Belgium. GIFT has been described as “aquatic chicken” for its quality and nutritional value. When compared to shrimp and fish like salmon, GIFT is much cheaper, which has made it popular in U.S. restaurants.

Cheriachan Mundoth, a tilapia farmer, said the high feed price and marketing difficulties posed a challenge to aqua farmers. However, he added that there had been a revival in the market of late. Tilapia used to be looked down upon in the past. “But those who have tasted GIFT are now more willing to buy the fish for its quality and taste,” he added.

RGCA sources said the centre had been a quality seed supplier for fish such as sea bass, pearl spot, tilapia, and tiger shrimp. It is also the first multi-species hatchery in India that has helped thousands of aqua farmers with seed supplies.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.