In 2023, employment in India's fishing sectors (excluding inland fisheries) was approximately 1.46 million persons. The forecast for 2024 to 2028 shows a slight decline, with numbers stabilizing at about 1.43 million persons by 2028. The year-on-year variation between 2024 and 2028 reveals minimal decreases, pointing towards a stable employment trend with a mild declining tendency.
Future trends to watch for:
- Technological advances impacting labor needs in the fishing industry.
- Government policy changes regarding marine fishery regulations.
- Environmental factors, such as climate change and overfishing, affecting fish stock and labor demand.
- Potential investments in offshore aquaculture driving employment shifts.