Where was the Fisheries Startup Conclave 2.0 held?

The Correct Answer is Hyderabad.

In News

• Department of Fisheries Hosts Fisheries Startup Conclave 2.0 in Hyderabad.

Key Points

• The Fisheries Startup Conclave 2.0 was held in Hyderabad, Telangana on 9th March 2025 to promote innovation in the fisheries sector.
• The event was inaugurated by Shri Rajiv Ranjan Singh, the Union Minister of Fisheries, Animal Husbandry, and Dairying, along with the Ministry of Panchayati Raj.
• The Fisheries Startup Grand Challenge 2.0 was launched as part of the conclave, aiming to foster entrepreneurship, technological advancements, and sustainability in the fisheries sector.
• The Grand Challenge 2.0 will provide Rs 1 crore in funding to 10 winning startups.
• Winning startups will receive structured incubation support from institutions like ICAR-Central Institute of Fisheries Technology (CIFT), National Fisheries Development Board (NFDB), and other affiliated organizations under the Department of Fisheries.
• The NFDP Mobile Application was launched to expand access to the Pradhan Mantri Matsya Sampada Yojana (PM-MKSSY) benefits.
• The National Fisheries Digital Platform (NFDP) creates digital work-identities for fishers, fish farmers, vendors, and processors, integrating them into formal financial and welfare systems.
• The Government of India has invested ₹38,572 crore since 2015 to promote the sustainable growth of the fisheries and aquaculture sector.
• The rapid growth of the fisheries sector has led to the rise of over 300 startups leveraging technologies such as blockchain, IoT, and AI to enhance productivity and ensure traceability.
• The identified problem statements to address fisheries value chain challenges include the development of affordable and nutritious aquaculture feeds, AI-powered precision farming, resilient seafood supply chains, and integrating traditional knowledge with modern technology.