The Veraval fish industry, a cornerstone of Gujarat’s economy and one of India’s largest fish-exporting hubs, is grappling with an existential crisis exacerbated by high diesel prices and stiff competition from Pakistani fishermen. Chandrakant Malam, a veteran marine fisherman and boat owner, underscores the dire situation facing his community, as escalating operational costs, particularly fuel expenses, erode profitability.
The confluence of rising expenses and dwindling returns threatens the livelihoods of thousands directly engaged in Veraval’s fishing sector, comprising both small and large-scale operators. As the industry reels from the impact of post-pandemic economic challenges, concerns mount over its long-term viability amidst a shifting landscape marked by the ascendance of aquaculture and dwindling investment in traditional marine fishing practices.