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India’s first export-oriented ornamental fish park recently started its operation near Kochi on a 10 acre land, which has been conceived to transform the country’s role in aquaculture industry. Despite being blessed with rich resources, export of ornamental fish is still relatively small. India has a mere share of 0.01% in the global market of ornamental fish, which is estimated to be worth around US$6 billion. To increase ornamental fish export, the government of Kerala came up with a unique project called ‘Aqua Technology Park’ which incorporated various stakeholders on a public-private partnership and also involved hundreds of locals in setting up homestead aquariums for earning their livelihood. The government has also formed a company Kerala Aqua Ventures International Ltd. (KAVIL) with public-private participation to establish this park, which would provide the stakeholders a unique opportunity for investment and trade in the sector. The first of its kind concept in India to popularize the aquaculture industry, the project would not only generate employment, but would also help in maintaining a socio-economic status of the local people. Authorities said that while the main units will have common facilities such as water, electricity, laboratory and quarantine facilities, the satellite farms will be the major production centres, where much of the ornamental fish will be reared and propagated. At present Indian ornamental fishes are exported to the US, Europe, Russia and Japan and the company has already procured orders from France, Italy, Korea and Hong Kong. With this endeavour, the authorities hope to capture a 10% share in the world market within a period of seven to eight years.
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