AN ARCHAEOLOGY OF INDIAN SEABED AND ITS EXPORT POTENTIAL IN GLOBAL GEOGRAPHY: AN EMPIRICAL ASSESSMENT

Abstract

The geographical situation of India makes it very old and opulent in having seabed resources, and thus, the significance of water body and borne has been historical to the development of civilization and development of the nearby regions. Marin Industry in India plays vital role in supporting the economic growth and development with the abundance of seabed resources and variety of sea food items demanded by the countries across the globe. Keeping in view the increasing marine export year on year, the study aims at presenting an overview of the Indian marine trade profile and analyzing the export potential. Entire assessment has been made based on secondary data collected from database of national and international importance. Most of which have been taken from DGCIS and Trade Map for year 2019 and 2020. To examine the export potential of marine products for the significant five exporting countries, Revealed Comparative Advantage (RCA) analysis has been conducted based on data for latest year. The study gives an overall view of India’s marine export composition, export direction and export trend during the last one decade.