News > CRISIL sees revenues of Indian shrimp exporters rising 8% on improved demand

CRISIL sees revenues of Indian shrimp exporters rising 8% on improved demand

12/06/2024 09:42 PM | Click to read full article

Indian shrimp exporters will see their revenues grow by 8-10% this fiscal year as demand from key importing nations recovers and realisations improve, despite the higher duties in the US and locational advantages enjoyed by key competing nations. Higher revenues and lower procurement costs will help the exporters sustain an operating margin of around 7%, despite supply chain disruptions and higher logistics costs.

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