The cargo ferry service connecting India and Maldives service is being operated and commenced operation from 20 September 2020 as the culmination of the MOU signed by the Hon’ble Prime Minister of India Shri. Narendra Modi and H.E. Shri. Ibrahim Mohamed Salih, President of Maldives in 2019. The regular cargo ferry services helped significantly to enhance export- import trade between two countries. A market Study conducted by FICCI as per the directions of the High Commission of India, Male on identification of potential Imports and Exports between India and Maldives also contributed significantly to commence the Cargo Ferry Service.
The existing cordial Platonic relationship between India and Maldives has strong potential for more fruitful, productive and strong business relations. Kochi- Maldives ferry service is vital critical enabler to accelerate export/import trade relations, and there is significant potential for investment in the Fisheries Sector that will have both economic and social impacts too”.
The strength of Maldives is fisheries which exports 24000 million dollars’ worth seafood during 2019-20. Tuna being the major component of seafood exports from Maldives; India exports Tuna worth 56 million dollar and major exporters are from Kerala hence there is strong potential for close collaboration, joint venture between Seafood exporters and importers from both the countries. Cochin with significant capabilities in Seafood processing could become the gateway for Seafood imports from Maldives and re-export the same to European markets with reduced transshipment time.
Sea Food Exporters & Importers from India could tap the immense potential of Raw Seafood available at Maldives and reprocess the same in India with value addition and major available world destinations. A closer cooperation between the seafood exporters from Maldives and India and the potential of canned processed Maldivian seafood in Indian Markets. Indian Seafood Exporters could also become strong customers for Maldivian Tourism Sector with supply of canned processed seafood ready to cook products.
In this context FICCI along with High Commission of India, Maldives in coordination with Marine Product Export Development Authority (MPEDA) and Sea Food Exporters Association of India (SEAI) is organizing an Exclusive Virtual Buyer Seller Meeting on 15 January 2020 at 11 AM (IST) with selected Sea food exporters from Maldives & sea food importers from India. Buyer-Seller Meetings would be hosted in FICCI Virtual Platform with exclusive user ID and Password for Buyers and Sellers and a pre scheduled Meeting slot will be allotted to the exclusively selected Buyers and Sellers.
We cordially invite you for the Virtual Buyer Seller Meet for Seafood Importers and Exporters between India and Maldives on 15 January 2020 at 11 AM IST.
The flyer of the event & the registration form is attached herewith. Please send us the duly filled Registration Form. Prior Registration is mandatory. The pre scheduled meeting slots for the buyer and seller will be fixed on the basis of the receipt of duly filled Registration Form.
If any more details are required, please contact FICCI Kerala State Council @ Ph: 0484-058041/42/Mob: 9746903555.
