The Marine Products Export Development Authority(MPEDA) was set up under Section (4) of the MPEDA Act, 1972, and became functional from 20th April 1972. It is a statutory body functioning under the Department of Commerce. The MPEDA, a statutory body, is responsible for the development of the marine products industry with special reference to exports. It is headed by a Chairman. It has its headquarters at Kochi and has a number of Regional and Sub- Regional Offices
Services offered by MPEDA
In 1972, the Government of India (GOI) introduced Marine Products Export Development Authority (MPEDA) to diversify aquaculture, promote the marine product industry for exports, regulate exports of marine products, ensure sustainability and quality in the production of seafood.
Bank Guarantee: – The new Merchant Exporters of frozen marine products should submit a Bank Guarantee of Rs.15 lakh for a period of 5 years to MPEDA for enforcing accountability and for honoring the settlement in cases of quality complaints and trade disputes Merchant Exporters shall fulfill the following conditions highlighted in the guidelines for obtaining exporter registration:
1. The certificate of registration as an exporter issued to a Merchant Exporter shall indicate the name and number of the Processing Plant / Handling Facility and the Storage premises the production from which alone the holder is allowed to export.
2. The name and number of the Merchant Exporter utilizing the surplus capacity of Processing Plant or Handling Facility shall be endorsed on the certificates of registration or Processing Plant / Handling Facility and Storage premises.
3. Merchant Exporters shall enter into a regular written agreement with the owner of the Processing Plant or Handling Facility.