Ornamental Fishing in India
Strategic Management
A Case study
On
Ornamental Fish Trading in India
Submitted by-
Group 4
Srinivas Hegde
Chandni.C.S
Sharon Barboza
Yashovardhan Sinha
Sneha Pujari
Mohammed Zooheb
Ornamental Fish Trading in India
Introduction
Keeping colourful and fancy fishes known as ornamental fishes, aquarium fishes, or live jewels is one of the oldest and most popular hobbies in the world. The growing interest in aquarium fishes has resulted in steady increase in aquarium fish trade globally. The ornamental fish trade with a turnover of US $ 6 Billion and an annual growth rate of 8 percent offers lot of scope for development. The ornamental fish sector is a widespread and global component of international trade, fisheries, aquaculture and development. However, the scope of this sector and the impact on human and aquatic communities are often inaccurately known and unappreciated(ref.1)
Ornamental fish keeping is one of the most popular hobbies in the world today.
The top exporting country is Singapore followed by Hong Kong, Malaysia, Thailand, Philippines, Sri Lanka, Taiwan, Indonesia and India. The largest importer of Ornamental fish is the USA followed by Europe and Japan. The emerging markets are China and South Africa. Over US $ 500 million worth of ornamental fish are imported into the USA each year. Although most fish kept in aquariums are from freshwater, the acquisition of marine ornamental fish has greatly increased, popularized by children's movies starring charismatic colourful fishes and other creatures. Recent advances in fish husbandry and aquarium equipment technology have further facilitated the hobby of the people.
Ornamental Fish Trade History
Some early cultures were known to keep fish, other than for the consumption of food. Some examples of ancient fish keepers are the Chinese, the Romans and early Asians. It has been noted that the ancient Babylonians kept ponds of ornamental fish and this was circa 500 BC. The
A Case study
On
Ornamental Fish Trading in India
Submitted by-
Group 4
Srinivas Hegde
Chandni.C.S
Sharon Barboza
Yashovardhan Sinha
Sneha Pujari
Mohammed Zooheb
Ornamental Fish Trading in India
Introduction
Keeping colourful and fancy fishes known as ornamental fishes, aquarium fishes, or live jewels is one of the oldest and most popular hobbies in the world. The growing interest in aquarium fishes has resulted in steady increase in aquarium fish trade globally. The ornamental fish trade with a turnover of US $ 6 Billion and an annual growth rate of 8 percent offers lot of scope for development. The ornamental fish sector is a widespread and global component of international trade, fisheries, aquaculture and development. However, the scope of this sector and the impact on human and aquatic communities are often inaccurately known and unappreciated(ref.1)
Ornamental fish keeping is one of the most popular hobbies in the world today.
The top exporting country is Singapore followed by Hong Kong, Malaysia, Thailand, Philippines, Sri Lanka, Taiwan, Indonesia and India. The largest importer of Ornamental fish is the USA followed by Europe and Japan. The emerging markets are China and South Africa. Over US $ 500 million worth of ornamental fish are imported into the USA each year. Although most fish kept in aquariums are from freshwater, the acquisition of marine ornamental fish has greatly increased, popularized by children's movies starring charismatic colourful fishes and other creatures. Recent advances in fish husbandry and aquarium equipment technology have further facilitated the hobby of the people.
Ornamental Fish Trade History
Some early cultures were known to keep fish, other than for the consumption of food. Some examples of ancient fish keepers are the Chinese, the Romans and early Asians. It has been noted that the ancient Babylonians kept ponds of ornamental fish and this was circa 500 BC. The