Aquaculture Industry in Odisha: A Review

Kar, B. & Tripathy, S. (2020). Aquaculture Industry in Odisha: A Review . Space and Culture, India, 8(2), 183-193. https://doi.org/10.20896/saci.v8i2.690

11 Pages Posted: 17 Dec 2020

See all articles by Brajaballav Kar

Brajaballav Kar

KIIT University - School of Management

Sugato Tripathy

affiliation not provided to SSRN

Date Written: October 21, 2020

Abstract

Odisha’s economy is predominantly agriculture driven. Exports from mining industries remained a significant source of foreign exchange. However, over a period, aquaculture exports have also emerged as a lucrative possibility. It is a perfectly suitable sector considering the long coastline, rivers and water bodies and labor intensive nature of the industry. From an individual or community level of operation, aquaculture developed the characteristics of industry in the early 1970s.

This descriptive research paper investigates the history of the aquaculture industry in Odisha over the past 50 years. The aquaculture industry in Odisha started two decades later than Kerala (another southern state of India), in the form of an experiential learning and opportunity-seeking process by the early players. The subsequent dominance of local players, consolidation, and expansion of the export market proves the natural resource advantage of the State.

The study emphasizes the contribution of the sector to the state economy. The adoption of healthy consumption habits, large untapped Indian market, value and values-addition in the product, and evolving traceability requirements for exports are some of the significant challenges facing the industry.

Despite being an important sector for the State, this sector has not received due attention from academic research. Technology adoption practices, productivity improvement, internal competitions, development of industry structure, and role of policy could be some areas for future research.

Keywords: Aquaculture, Industry Review, History, Secondary Research, Odisha

JEL Classification: N15, N50, N90, O13

Suggested Citation

Kar, Brajaballav and Tripathy, Sugato, Aquaculture Industry in Odisha: A Review (October 21, 2020). Kar, B. & Tripathy, S. (2020). Aquaculture Industry in Odisha: A Review . Space and Culture, India, 8(2), 183-193. https://doi.org/10.20896/saci.v8i2.690, Available at SSRN: https://ssrn.com/abstract=3715986

Brajaballav Kar (Contact Author)

KIIT University - School of Management ( email )

Campus - 7
Bhubaneswar, 751024
India

Sugato Tripathy

affiliation not provided to SSRN

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