Simulating The Impact Of Environmental And Market Variability On Fishing Industry

Abstract

The fishing market has an important role in the development of the economy of India. However, environment and market variability play a significant role in the growth of the fishing industry by creating opportunities for investment and growth, but it can also pose challenges such as competition and threats to sustainability. It is important for the fishing industry to take a long-term approach to market variability, balancing short-term opportunities with the need to ensure the sustainability of fish stocks and the long-term health of the industry. Rectifying all the challenges in the fishing industry requires a multi-faceted approach, including government support, community-based management, and sustainable fishing practices. The study has collected information through the secondary qualitative method where valuable existing information has helped in making the study more accurate and understandable