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KeralaEU Blue Economy Conclave Yields Rs 7,288 Crore in Expressions of Interest, EU Seeks Joint Platform

Kerala becomes the EU’s first state-level partner under a new outreach.

Overview

  • The two-day Blue Tides conclave in Kovalam brought together Kerala officials, Indian central ministers and envoys from 18 EU member states to map cooperation across the marine economy.
  • Fisheries Minister Saji Cherian said 28 investors signed expressions of interest worth Rs 7,288 crore for prospective projects tied to the sector.
  • EU Ambassador Hervé Delphin proposed a joint platform and nodal point to accelerate coordination between EU businesses, member states and the Kerala government.
  • Union Fisheries Minister Rajiv Ranjan Singh said expanded EU market access, especially for shrimp, could bolster jobs and foreign exchange, citing India’s emphasis on food safety and traceability.
  • Speakers highlighted Kerala’s blue-economy drive anchored by assets such as the Vizhinjam deepwater port and a 600 km coastline, with discussions also responding to pressures from U.S. tariffs on seafood.