India Strengthens Fisheries and Aquaculture Cooperation with Iceland for Blue Economy Development
15 September 2025, New Delhi: Senior officials from the National Fisheries Development Board (NFDB) presented India’s vision for fisheries and aquaculture cluster development, highlighting opportunities in investment, innovation, and international collaboration. Icelandic companies, including BRIM and Hampiðjan, along with the Iceland Ocean Cluster, shared insights into Iceland’s pioneering zero-waste models and cutting-edge processing technologies.
The meeting also saw participation of Mr. R. Ravindra, Ambassador of India to Iceland, Embassy of India, Reykjavik along with other senior officials from the Embassy of India in Reykjavík while prominent Icelandic participants included Mr. Thor Sigfusson, Founder and Chairman of the Iceland Ocean Cluster, and Mr. Bala Kamallakharan, Founder of Startup Iceland. Dr. Likhi also visited MATIS, a leading Icelandic food and biotech R&D company, where he was briefed on their work in food safety, biotechnology, and sustainable marine resource utilization.
The visit opened new avenues for collaboration in research and technology transfer to bolster India’s fisheries value chain.On 10th September, the Indian delegation visited the Icelandic Fishing Expo 2025 at Laugardalshöll, Reykjavík, where Dr. Likhi met with Ms. Hanna Katrín Friðriksson, Minister of Industries, Iceland. The two sides discussed developments in the fisheries and aquaculture sectors and explored opportunities for strengthening institutional and commercial ties.
The Indian delegation also interacted with leading Icelandic fishing associations, agencies, and entrepreneurs to learn about innovative technologies and best practices in sustainable fishing. In a separate thematic discussion, both sides identified several key areas for future cooperation that included the establishment of fisheries and aquaculture clusters with zero-waste interventions, and the deployment of deep-sea fishing vessels equipped with on board processing facilities, trans-shipment capabilities, value addition mechanisms, and robust traceability and certification systems.
Emphasis was also laid on training and capacity building in deep-sea fishing technologies, alongside the adoption of advanced vessel monitoring and surveillance (VMS) systems to enhance regulatory oversight and resource management. Additionally, both sides explored collaboration in promoting trout farming, health management, and marketing in India’s hilly states, as well as in developing specialized fishing technologies for tuna and tuna-like species in the Andaman & Nicobar and Lakshadweep Islands.
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