In which year was the Marine Products Export Development Authority (MPEDA) established in India? |
1948 1974 1947 1972 |
1972 |
The correct answer is Option (4) → 1972 The Marine Products Export Development Authority (MPEDA) was established in India in 1972. The MPEDA is a statutory body under the Ministry of Commerce & Industry, Government of India. It is responsible for the promotion of marine products exports from India. The MPEDA provides a range of services to exporters, including market research, product development, and trade promotion. It also works to ensure the quality and safety of Indian seafood exports. The MPEDA has played a significant role in the growth of India's seafood exports. India is now the world's largest exporter of shrimp and the second largest exporter of fish. The MPEDA has also helped to diversify India's seafood exports, with new products such as squid and cuttlefish now gaining popularity in international markets. |