About the Indian Market
India is the world’s largest democracy and holds the world’s second largest population. Measured gross domestic product (GNP) in 2016, India was the world’s 7th largest economy, according to the World Bank. This immense country is in the midst of ultra-dynamic economic expansion, with growth in GDP at 6.1 percent in 2016.
India is projected to overtake both the UK by 2020 to become the fifth largest economy in the world with a nominal GDP of USD 2.9 trillion having overtaken the French economy in 2018.
India`s seafood market the least exploited fish market in the world. By building a network of reliable suppliers in Norway and customers in India, Lakshav aims to capture the seafood market in India. It is expected that approximately 20 – 30 million people in India will eat approximately 1kg fish from Norway per year.