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In India, the fishing industry is a vital sector that supports millions of livelihoods, particularly in coastal regions. A well-structured fishing business plan is essential for entrepreneurs looking to tap into this market. It should outline key aspects such as target species, fishing methods, market analysis, and financial projections. For instance, focusing on local products like freshwater fish from rivers or marine varieties from the Arabian Sea and Bay of Bengal can provide a competitive edge. Additionally, incorporating sustainable practices and leveraging government schemes can enhance profitability and environmental responsibility. |
