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B-Plan On Shrimp Farming

REPORT ON ESTABLISHING A PRAWN CULTURE FARM

Project Members: 1. 2. 3. 4. Nadeem Zea (2007088) Sulagno Das Chowdhury (2007110) Sumegh Borkar (2007111) Suyash Nigam (2007112)

CONTENTS 1. Introduction 2. Demand Analysis 3. Site selection 4. Setup of a Prawn Farm 5. Financial Viability 6. Modus operandi of a Prawn farm 7. Legal Compliances for starting a prawn farm 8. Conclusion

Page No. 1 1 4 5 8 11 13 18

INTRODUCTION
India is endowed with a long coastline and hence offers scope for large exploitation of marine wealth. Shrimp has long dominated the seafood export from India. They are called the "Pinkish Gold" of the sea because of its universal appeal, unique taste, high unit value and increasing demand in the world market. The over exploitation of shrimp from natural sources and the ever increasing demand for shrimp and shrimp products in the world market has resulted in the wide gap between the demand and supply shrimp in the International market. This has necessitated the need for exploring new avenues for increasing prawn production.

The most profitable variety of the shrimp is the ‘Paneaus monodon’ also commonly known as the Tiger Prawn. These can grow upto 60-100gm in a 140 day cycle and are less prone to virus. They have a very high export value and are exported from India in large numbers.
Tiger prawn (Paneaus monodon). (Courtesy: Devendra Deshprabhu).

DEMAND ANALYSIS
India is a major exporter of shrimp to the US .The US market is flooded with India shrimp, as there is immense consumer demand for India shrimp. Indian Tiger shrimp is highly appreciated in the US market. This Indian Tiger Shrimp is of better variety than the white vanami type found in the US. India therefore has a cutting edge over other exporters. The estimated brackish water area suitable for undertaking shrimp cultivation in India is around 11.9 lakhs ha. spread over 10 states and union territories viz... West Bengal, Orissa, Andhra Pradesh, Tamil Nadu, Pondicherry,...