Kings Infra Welcomes Landmark Trade Agreements & Union Budget 2026-27 Reforms for Fisheries; Calls It a Defining Push for India’s Blue Economy
Kings Infra Ventures Limited, a leader in sustainable aquaculture, has welcomed the historic trifecta of global trade deals and domestic fiscal reforms. The recent geopolitical landscape has fundamentally shifted in favour of Indian marine exports with the India-EU Free Trade Agreement (FTA) and a breakthrough US-India trade deal. The Union Budget 2026-27 has also provided fiscal tailwinds for the 'Blue Economy'. These developments signal a decisive turning point for India’s seafood sector, with enhanced access to global markets and strong policy support for sustainable growth. Kings Infra Ventures Limited is well positioned to capitalise on this momentum, committed to advancing responsible aquaculture, value-added processing, and integrated supply chains that strengthen India’s blue economy and global competitiveness.
Key Highlights
- India-EU FTA eliminates 26% tariff on Indian seafood, granting duty-free access to a $53.6 billion market
- US-India trade deal slashes reciprocal tariffs on Indian goods to 18%, expected to trigger a sharp recovery in shipment volumes
- Union Budget 2026-27 proposes record budgetary support of ₹ 32,761.80 crore for the fisheries sector
- Basic Customs Duty (BCD) on shrimp feed and imported broodstock significantly reduced, lowering operational costs for high-tech aquaculture
- Export incentives and deep-sea logistics improvements directly boost processing margins and global supply chain logistics