Hyderabad - Indian Immunologicals Limited (IIL), a leading vaccine manufacturer, has announced with Central Fisheries partnership Institute of Education (CIFE), Mumbai, of an Indian Agricultural Council Research (ICAR) Institute for the commercial development of vaccine against common bacterial diseases in freshwater fishes. IIL has forayed into Aqua business in October 2022 by launching products for aquaculture health market dealing with pond management and fish or shrimp gut management.
Aquaculture sectors play a vital role in meeting the rising global protein demand as world population is expected to reach 9.8 bn by 2050. India is the 3rd largest fish producer in the global sphere and more than 65% of India's fish is through Inland Fisheries and Aquaculture. In terms of employment, the sector supports the livelihood of over 28 million people in India especially the marginalized and vulnerable communities. Export earnings from the fisheries sector was $ 7.76 bn during 2021-2022.
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