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Gujarat Fisheries Sector Sees ₹11.49 Crore MoU at Vibrant Gujarat Conference

A significant Memorandum of Understanding worth ₹11.49 crore was signed by a fish supplier company during the Vibrant Gujarat Regional Conference in Rajkot. The deal was finalized following a panel discussion focused on opportunities and sustainable solutions for Gujarat's fisheries sector. Prime Minister Narendra Modi, who inaugurated the event, emphasized India's rapid progress toward becoming the world's third-largest economy. He highlighted the crucial role of Gujarat, particularly the Saurashtra and Kutch regions, in driving the momentum for a self-reliant India.

Key Points: ₹11.49 Crore MoU Signed at Vibrant Gujarat Fisheries Panel

  • ₹11.49 crore MoU signed for fisheries
  • Panel on sustainable fishing solutions
  • PM Modi highlights India's economic growth
  • Focus on Saurashtra and Kutch for self-reliance
2 min read

VGRC 2026: MoU worth Rs 11.49 crore signed by fish supplier company during panel discussion

A major MoU worth ₹11.49 crore was signed by a fish supplier company during a Vibrant Gujarat panel on building a future-ready fisheries sector.

"India is rapidly advancing towards becoming the world's third-largest economy. - Narendra Modi"

Rajkot, January 11

The Vibrant Gujarat Regional Conference was inaugurated at Marwadi University in Rajkot on January 11 by Prime Minister Narendra Modi. Following the inauguration, a series of B2B and B2G seminars were organised to foster dialogue and collaboration across key sectors.

According to a release, a special panel discussion was held on the theme "Building a Future-Ready Fisheries Sector in Gujarat: Opportunities, Challenges and Sustainable Solutions." The session brought together fish exporters and entrepreneurs to deliberate on critical issues such as fishing practices, fish processing, export strategies, adoption of technology in fisheries, deep-sea fishing, methods to enhance fish production, challenges faced by fishermen and boat owners, government incentives for exports, welfare schemes for fishermen, and the role of local offices in supporting the sector.

During the conference, a Fish Supplier Company signed a Memorandum of Understanding (MoU) worth ₹11.49 crore, underscoring the growing investment and commitment towards strengthening Gujarat's fisheries industry.

The event was graced by the presence of Arun Kumar Solanki, Additional Chief Secretary of the Department of Agriculture, Farmers' Welfare and Cooperation; Vijay Kharadi, Commissioner of the Fisheries Department; S. Kannappan from NDFB; entrepreneur Dr. Manojbhai Sharma; Jagdishbhai Fofandi; along with several other entrepreneurs and senior officials.

PM Modi highlighted India's rapid growth on Sunday at the Vibrant Gujarat Regional Conference in Rajkot.

He said that India was rapidly advancing towards becoming the world's third-largest economy and termed Saurashtra and the Kutch region a major centre for driving momentum for the Aatmanirbhar Bharat campaign.

Addressing the regional conference, PM Modi said, "One-fourth of the 21st century is over. In the last few years, India has progressed rapidly, and in that, Gujarat has played a crucial role. India is rapidly advancing towards becoming the world's third-largest economy, and the data coming in makes it clear that global expectations from India are rising. India is the world's fastest-growing large economy. Inflation is under control.

"He further cited 11-year progress and rising global expectations, noting that India leads in milk, generic medicines, and vaccine production. It is also no 2 in mobile manufacturing; no 3 in the startup ecosystem, aviation market, and metro networks.

- ANI

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Reader Comments

P
Priyanka N
As someone from a fishing family in Porbandar, I welcome any discussion on sustainable solutions. The challenges are real - from fuel costs to market access. I just hope these MoUs and seminars actually reach the small boat owners and don't just benefit the big companies. The welfare schemes need to be implemented faster.
R
Rahul R
Gujarat leading the way again! The fisheries sector has huge export potential. Combining traditional knowledge with modern tech in processing and deep-sea fishing can make us a global hub. Good to see the government and entrepreneurs coming together at VGRC.
S
Sarah B
Interesting read. The focus on sustainable practices is crucial. Overfishing is a global concern. Hope the "future-ready" model includes strong environmental safeguards and care for marine ecosystems. Economic growth and ecology must go hand-in-hand.
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Aman W
The numbers are impressive, but conferences and MoUs are just the first step. The real test is execution on the ground. Will the promised incentives and tech actually reach the fishermen in Kutch and Saurashtra? That's what matters for Aatmanirbhar Bharat.
K
Kavya N
More than the big MoU, I'm happy to see a panel discussion on the challenges faced by fishermen. Their voices are often missing from policy talks. Hope the officials present took good notes! The sector needs better cold storage and transport to reduce waste.

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

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