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The Union Minister for Commerce & Industry Shri Anand Sharma today dedicated the Nucleus Breeding Centre of the Domestication of Tiger Shrimp Project of Rajiv Gandhi Centre for Aquaculture in Port Blair. Speaking on the occasion, Shri Sharma said that establishment of the project will have far reaching benefits for the shrimp famers and the sea food exporters of India. It is expected that within five years of the establishment of the project, tiger shrimp aquaculture in India would scale new heights to achieve additional production to the tune of 100000 MT and have export value of USD 1 billion, said Shri Sharma. Last year, we exported shrimps worth over US$ 1.8 billion. This is an area which has the potential of becoming a huge foreign exchange earner for our country, added Shri Sharma. The Minister further added that India ranks second only to China in global aquaculture production producing 4.64 million tonnes annually out of the world s total production of 60 million tones.