The Kolkata-based Prayag Group is eyeing export of ornamental fish. The company has recently set up an ornamental fishery jointly with Marine Products Export Development Authority (MPEDA).
Located at Naihati, nearly 40 km away from Kolkata, the Fish Breeding Unit is expected to produce five lakh fish a year, Mr Avik Bagchi, Managing Director, Prayag Group, said.
The unit breeds 60-65 varieties of ornamental fishes, including popular ones such as Gold Fish, Shark, Angel, Barb, Tetra and Danio.
India has a Rs 200-250 crore ornamental fish market. Exports are made primarily to countries in Asia and Europe.
Apart from various species of aquarium fishes, Prayag has set up a separate unit for fresh water fish such as Rohu, Catla, Mrigel, Silver carp, Grass carp, Pangas, Chitol.
According to Mr Bagchi, the group is also planning to set up fisheries in other eastern and north-eastern States, which have several water bodies.