Eyeing a massive growth in tuna fishing, its processing and export, the Centre has steered investors towards the Lakshadweep Islands in the Arabian Sea. A single-window system is also being developed for smooth project approvals in order to facilitate investment and streamline processes in Lakshadweep.

Investment proposals worth more than Rs 500 crore were envisaged in the first-ever investors’ meet conducted on the island to unlock the immense potential of Lakshadweep’s blue economy, said the Department of Fisheries.

Lakshadweep possesses nearly 20 per cent area of India’s Exclusive Economic Zone and water around it has rich stocks of tuna and other high-value species. The current production is around 15,000 tonnes annually, but the region has the potential of reach one-lakh mark. The g

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