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Indian seafood exports defy strong rupee

This article was originally published in Foodnews

INDIAN seafood export earnings for 2010-11 reached a record of USD2.67 billion despite the global recession's after-effects, according to provisional estimates from the country's Marine Products Export Development Authority (MPEDA). Neil Murray writes: the growth is mainly attributed to a doubling in exports to the US, and comes despite a considerable rise in the value of the rupee.

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