The cost of fishing boats in India varies significantly based on several factors including size, material, and features. Small traditional wooden boats used by local fishermen can cost between ₹50,000 to ₹2,00,000. These are typically manually operated or use small outboard motors.
Medium-sized fiberglass reinforced plastic （FRP） boats with inboard engines range from ₹5,00,000 to ₹15,00,000. These offer better durability and are popular among commercial fishing communities. Large deep-sea fishing vessels with advanced navigation and fishing equipment can cost from ₹50,00,000 to several crores, depending on their specifications and technology.
Government subsidies and schemes, such as those from the National Fisheries Development Board, can reduce the effective cost for eligible fishermen. Additionally, regional variations exist, with boats in coastal states like Kerala, Gujarat, and Tamil Nadu having different price points due to local manufacturing and demand. |
