export performance of marine products development authority in india

2. of
Submitted by

3. India is a very large country with an EEZ of 2
million km2, a continental shelf of some 500 000 km2, and
ranks as the world’s fourth-largest fish producer, after China,
Peru and Japan. Marine capture fisheries contribute less than
half of the national fish production (48.7 percent in 2000), the
remainder coming from inland fisheries, inland aquaculture and
brackishwater aquaculture. This situation changed with the
development of technology/modernization; dried products
gave way to canned and frozen items. The product shift also
resulted in market shift. More sophisticated and affluent
markets like Aquaculture has become the mainstay of seafood
exports, accounting for 90 per cent of current shrimp
exports. The aquaculture harvest in 2011 had been very good,
including Japan, USA, Europe and Australia, became our
important buyers.

4. The lack of an overarching and coherent policy for coastal and deep-sea capture
fisheries contributes to the weak structure of the sector. The current legal
framework is dated, production oriented, and fails to provide a clear mandate
and a framework for responsible fisheries management.
A new legal framework is required to define the objectives of marine resource
management for the national and state administrations. Employment, increased
production, welfare of fishermen and increased export earnings are the main
aims pursued by the Government in its recent five year plans.
Efforts aimed at fisheries focus on infrastructure enhancement (ports and post
harvest facilities) and modernisation of the fleet implemented through direct
investments and subsidy schemes. Much less effort is aimed at resource
appraisal, management and conservation of the resources. No single Ministry is
responsible for managing the fisheries sector.

5.  To improve the percentage of marine products exports reach in
future at least 5% of total exports.
 To improve the exports value also rise the Indian economy To
focus on exports while having good resource in marine products
to utilize
 To give more job opportunities in Marine industry.
 To be create new legal framework is required to define the
objectives of marine resource management for the national and
state administrations. Efforts aimed at fisheries focus on
infrastructure enhancement (ports and post harvest facilities)
and modernisation of the fleet implemented through direct
investments and subsidy schemes.
 To be modernising with increased mechanisation, but traditional
small-scale craft stall remain responsible for these large catches.
The east coast sector is modernising at a slower pace. Offshore
fishing, or deep sea fishing, is still very much under-utilized in
India.

6.  To find the overall performance of MPEDA
in international trade.
 To analysis product wise export of MPEDA
in international trade.
 To Identify country wise export of MPEDA
in international trade.
 To find the export performance in
forthcoming years using Trend analysis.
 To implement the other strategies,
requirements, suggestions for marine
products exporters make it a success.
 1. The finding of the study is
applicable only to Marine products of
over all india’s international trade.
 2. Data has restricted only to MPEDA
 3. It is restricted to 10years only.
 4. Data collected will show only the
approximate value not accurate value.

7. In this project using only Secondary Data. It is an
integral part of any research study as it provides
information on variables, which plays a major part in the
actual research. The source of secondary data
includes.Various books, journals, magazines, newspapers
& Pamlets. Internet ( Email, Commerce websites)
The sampling size is estimated to be 10 years.
(8 major items & 16 major exporting countries)
The period of the study is 3 months
The study has been carried out in MPEDA’s export
performance in india’s marine exports.

8. The Marine Products Export
Development Authority Acts as a coordinating
agency with different Central and State
Government establishments engaged in marine
products and allied activities. The role envisaged
for the MPEDA under the statute is
comprehensive - covering fisheries of all kinds,
increasing exports, specifying standards,
processing, marketing, extension and training in
various aspects of the industry. The Marine
Products Export Development Authority
(MPEDA) was constituted in 1972 under the
Marine Products Export Development Authority Act

9.  Conservation and management of fishery resources and
development of offshore fishing.
 Registration of exporters and processing plants.
 Regulations of marine products export.
 Laying down standards and specifications.
 Acting as an agency for extension of relief as per directions
from Government.
 Helping the industry in relation to market intelligence,
export promotion, and import of essential items.
 Imparting training in different aspects of the marine
products industry, with special reference to quality control,
processing and marketing.
 Promotion of commercial shrimp farming.
 Promotion of joint ventures in aquaculture, production,
processing and marketing of value added seafood.

11. 2004
6% 2005
7%
2006
7%
2007
8%
2008
7%
2009
7%
2010
10%
2011
12%
2012
17%
2013
19%
% of exports /10years exports
2.08%
1.72%
1.54%
1.40%
1.06%
0.84%
1.17%
1.04% 1.13% 1.15%
0.00%
0.50%
1.00%
1.50%
2.00%
2.50%
1 2 3 4 5 6 7 8 9 10
% OF MARINE EXPORTS/TOTAL COMMODITY
0.00
2,000.00
4,000.00
6,000.00
8,000.00
10,000.00
12,000.00
14,000.00
16,000.00
18,000.00
20,000.00
6,105.63
6,469.22
7,035.91
8,001.04
6,926.67
7,066.37
9,899.98
11,917.11
16,584.71
18,841.20
MARINE PRODUCTS EXPORTS –(2004-2013) Rs in crores
17073.82
18941.66
20922.38
23015.01
25276.30
0.00
5000.00
10000.00
15000.00
20000.00
25000.00
30000.00
2014 2015 2016 2017 2018
FUTURE MARINE
PRODUCTS EXPORTS
(value in crores)
COMPOUND ANNUAL GROWTH RATE - (2004-2013)
MARINE PRODUCTS EXPORTS 11.93%
INDIA’S TOTAL EXPORTs 10.19%

12. 2004
8%
2005
8%
2006
8%
2007
9%
2008
7%
2009
7%2010
8%
2011
11%
2012
16%
2013
18%
FROZEN SHRIMP
2004
3%
2005
4%
2006
6%
2007
8%
2008
7%
2009
10%
2010
11%
2011
15%
2012
18%
2013
18%
FROZEN FISH
2004
5% 2005
6%
2006
6%
2007
9%
2008
9%
2009
9%
2010
11%
2011
13%
2012
16%
2013
16%
FROZEN CUTTLE FISH
2004
5% 2005
6%
2006
8%
2007
8%
2008
6%
2009
9%
2010
8%
2011
14%
2012
17%
2013
19%
FROZEN SQUID

13. 2004
3% 2005
3% 2006
4%
2007
6%
2008
6%
2009
10%
2010
13%
2011
12%
2012
17%
2013
26%
CHILLED ITEMS
2004
4% 2005
5%
2006
6%
2007
8%
2008
9%
2009
11%
2010
10%
2011
12%
2012
17%
2013
18%
OTHERS
2004
5% 2005
5%
2006
6%
2007
6%
2008
7%
2009
10%
2010
13%
2011
14%
2012
15%
2013
19%
LIVE ITEMS
2004
3%
2005
3%
2006
3%
2007
4%
2008
6%
2009
9%
2010
21%2011
21%
2012
12%
2013
18%
DRIED ITEM

14. 2004
8%
2005
8%
2006
8%
2007
9%
2008
8%
2009
9%
2010
9%
2011
12%
2012
15%
2013
14%
JAPAN
2004
9%
2005
8%
2006
9%
2007
7%
2008
6%
2009
6%2010
6%
2011
11%
2012
16%
2013
22%
USA
2004
6% 2005
6%
2006
7%
2007
9%
2008
8%
2009
11%2010
15%
2011
16%
2012
10%
2013
12%
CHINA
2004
11%
2005
7%
2006
6%
2007
5%
2008
7%
2009
8%
2010
11%
2011
10%
2012
16%
2013
19%
UMITED ARAB EMIRATES
2004
7%
2005
6%
2006
7%
2007
6%
2008
8%
2009
6%
2010
14%
2011
11%
2012
17%
2013
18%
SINGAPORE

15. 2004
3%
2005
3% 2006
4% 2007
4%
2008
5%
2009
6%
2010
24%
2011
19%
2012
15%
2013
17%
HONG KONG
2004
8%
2005
7%
2006
9%
2007
8%
2008
10%
2009
10%
2010
11%
2011
10%
2012
13%
2013
14%
U K
2004
5% 2005
5%
2006
7%
2007
7%
2008
8%
2009
11%
2010
13%
2011
12%
2012
15%
2013
17%
GERMANY
2004
2%
2005
2%
2006
7%
2007
9%
2008
10%
2009
12%
2010
9%
2011
12%
2012
16%
2013
21%
BELGIUM
2004
4% 2005
5%
2006
6%
2007
8%
2008
9%
2009
11%
2010
10%
2011
12%
2012
17%
2013
18%
ITALY

16. 2004
11.4%
2005
9.0%
2006
1.3%
2007
0.4%
2008
1.6%
2009
0.3%
2010
16.5%
2011
11.3%
2012
14.8%
2013
33.3%
BANGLADESH
2004
6% 2005
10%
2006
3%
2007
4%
2008
3%
2009
3%
2010
20%2011
15%
2012
17%
2013
19%
NETHERLAND
2004
5% 2005
6%
2006
5%
2007
4%
2008
7%
2009
8%
2010
21%
2011
13%
2012
15%
2013
16%
SRI LANKA
2004
0.13%
2005
0.35%
2006
0.93%
2007
0.56% 2008
0.28%
2009
0.16%
2010
8.06%
2011
19.49%
2012
26.04%
2013
43.99%
SAUDI ARABIA
2004
3%
2005
5% 2006
3%
2007
1%
2008
9%
2009
2%
2010
6%
2011
16%
2012
25%
2013
30%
INDONESIA
2004
3%
2005
6%
2006
9%
2007
7%
2008
11%
2009
7%
2010
13%
2011
16%
2012
14%
2013
14%
KOREA

17. 5.17%
1.20%
5.49%
-12.53%
-4.11%
10.65%
36.72%
42.97%
18.73%
2005 2006 2007 2008 2009 2010 2011 2012 2013
FROZEN SHRIMP
0.00%
22.32%
31.54%
45.48%
-10.29%
32.14%
18.00%
29.11%
25.16%
0.39%
FROZEN FISH
8.93%
15.85%
45.20%
-6.68%
2.27%
21.39%
19.56%
21.92%
0.56%
2005 2006 2007 2008 2009 2010 2011 2012 2013
FROZEN CUTTLE FISH
27.98%
20.59%
-1.25%
-28.14%
54.83%
-1.54%
62.31%
21.53%
12.20%
2005 2006 2007 2008 2009 2010 2011 2012 2013
FROZEN SQUID
-16.93%
9.54%
38.17%
41.34%
62.53%
133.18%
-2.67%
-41.08%
45.72%
2005 2006 2007 2008 2009 2010 2011 2012 2013
DRIED ITEM
-0.69%
21.61%
3.80%
7.83%
43.33%
40.55%
2.16%
8.76%
28.00%
2005 2006 2007 2008 2009 2010 2011 2012 2013
LIVE ITEMS
6.41%
19.70%
43.82%
0.68%
84.02%
21.69%
-2.63%
38.78%
50.27%
2005 2006 2007 2008 2009 2010 2011 2012 2013
CHILLED ITEMS
22.18% 20.82%
17.36%
15.27% 25.48%
-7.45%
20.72%
36.58%
5.21%
2005 2006 2007 2008 2009 2010 2011 2012 2013
OTHERS

18. 3.33%
-3.87%
17.08%
-9.29%
0.52%
4.50%
30.54%
27.16%
-6.59%
2005 2006 2007 2008 2009 2010 2011 2012 2013
JAPAN
-7.49%
5.34%
-17.78%
-24.55%
0.45%
-0.88%
96.57%
49.60%
35.23%
2005 2006 2007 2008 2009 2010 2011 2012 2013
USA
2.48%
22.53%
36.20%
-12.74%
28.41%
38.14%
10.44%
-36.33%
14.74%
2005 2006 2007 2008 2009 2010 2011 2012 2013
CHINA
-36.40%
-18.93%
-7.22%
36.16%
16.39%
33.42%
-7.04%
56.30%
15.00%
2005 2006 2007 2008 2009 2010 2011 2012 2013
UMITED ARAB EMIRATES
-7.09%
4.84%
-13.24%
33.02%
-14.00%
110.45%
-16.27%
44.46%
11.57%
2005 2006 2007 2008 2009 2010 2011 2012 2013
SINGAPORE
-16.27%
19.45%
13.90%
22.45%
20.07%
311.57%
-19.83%
-22.06%
11.94%
2005 2006 2007 2008 2009 2010 2011 2012 2013
HONG KONG
-6.81%
26.96%
-10.08%
23.44%
-4.27%
10.32%
-6.88%
32.51%
4.93%
2005 2006 2007 2008 2009 2010 2011 2012 2013
UK
1.47%
32.19%
12.66%
13.46%
35.42%
19.82%
-10.54%
29.95%
12.33%
2005 2006 2007 2008 2009 2010 2011 2012 2013
GERMANY

19. -14.73%
216.07%
38.03%
13.85%
20.13%
-31.65%
44.62%
27.85%
35.97%
2005 2006 2007 2008 2009 2010 2011 2012 2013
BELGIUM
6.12%
11.02%
-0.72%
7.05%
26.72%
97.54%
-86.85%
842.00%
15.51%
2005 2006 2007 2008 2009 2010 2011 2012 2013
ITALY
-20.51%
-85.33%
-66.25%
249.47%
-77.86%
4677.55%
-31.92%
31.71%
124.19%
2005 2006 2007 2008 2009 2010 2011 2012 2013
BANGLADESH
63.76%
-65.48%
18.51%
-29.31%
15.71%
514.21%
-26.90%
19.07%
8.20%
2005 2006 2007 2008 2009 2010 2011 2012 2013
NETHERLAND
24.46%
-12.63%
-13.16%
46.21%
19.50%
163.85%
-36.55%
15.63%
4.83%
2005 2006 2007 2008 2009 2010 2011 2012 2013
SRI LANKA
177.36%
163.95%
-39.95%
-50.64%
-40.87%
4830.88%
141.63%
33.65%
68.91%
2005 2006 2007 2008 2009 2010 2011 2012 2013
SAUDI ARABIA
54.30%
-33.41%
-79.88%
1173.82%
-83.56%
317.01%
171.79%
57.78%
18.44%
2005 2006 2007 2008 2009 2010 2011 2012 2013
INDONESIA
77.44%
51.96%
-17.65%
54.90%
-33.37%
72.47%
20.81%
-8.65%
-2.96%
2005 2006 2007 2008 2009 2010 2011 2012 2013
KOREA

20. 620.7
759.3
998.7
1,452.9
1,303.4
1,722.3
2,032.3
2,623.9
3,284.1
3,296.9
3,544.2
3,921.1
4,290.8
4,661.5
5,082.1
0.00
5000.00
10000.00
FROZEN FISH
435.2
474.0
549.1
797.4
744.1
761.0
923.8
1,104.6
1,346.7
1,354.3
1,434.2
1,557.9
1,674.8
1,786.3
1,933.5
0.00
1000.00
2000.00
3000.00
FROZEN CUTTLE FISH
372.9
477.3
575.5
568.3
408.4
632.3
622.6
1,010.6
1,228.2
1,378.1
1,289.6
1,419.9
1,569.1
1,741.3
1,914.2
0.00
1000.00
2000.00
3000.00
FROZEN SQUID
51.1
50.7
61.7
64.1
69.1
99.0
139.1
142.2
154.6
197.9
193.1
215.4
237.0
259.1
279.1
0.00
100.00
200.00
300.00
LIVE ITEMS
145.7
121.0
132.6
183.2
258.9
420.7
981.1
954.9
562.6
819.9
985.6
1,113.4
1,229.6
1,329.3
1,409.1
0.00
500.00
1000.00
1500.00
DRIED ITEM
64.0
68.1
81.6
117.3
118.1
217.3
264.5
257.5
357.4
537.1
465.1
529.3
593.6
656.5
719.8
0.00
500.00
1000.00
CHILLED ITEMS
389.2
475.6
574.6
674.3
777.3
975.3
902.6
1,089.7
1,488.2
1,565.8
1,595.8
1,743.7
1,893.4
2,044.9
2,195.6
0.00
1000.00
2000.00
3000.00
OTHERS
4,013.1
4,220.7
4,271.5
4,506.1
3,941.6
3,779.8
4,182.4
5,718.1
8,175.3
9,706.4
8,085.5
8,888.9
9,797.5
10,771.9
11,830.2
0.00
5000.00
10000.00
15000.00
FROZEN SHRIMP

21. 1,682.1
1,556.1
1,639.2
1,347.8
1,016.9
1,021.6
1,012.5
1,990.3
2,977.5
4,026.5
2,887.2
3,272.6
3,698.2
4,201.8
4,691.8
0.00
2000.00
4000.00
6000.00
USA
676.5
693.3
849.4
1,157.0
1,009.6
1,296.4
1,790.9
1,977.8
1,259.2
1,444.9
1,839.1
1,944.8
2,019.7
2,082.9
2,175.2
0.00
1000.00
2000.00
3000.00
CHINA
325.1
206.8
167.6
155.5
211.8
246.5
328.9
305.7
477.8
549.5
469.6
545.8
611.2
669.9
719.1
0
200
400
600
800
UMITED ARAB EMIRATES
93.2
86.6
90.8
78.8
104.8
90.1
189.7
158.8
229.5
256.0
241.9
271.7
301.7
332.4
358.2
0
100
200
300
400
SINGAPORE
109.5
91.7
109.6
124.8
152.8
183.5
755.1
605.3
471.8
528.1
674.1
764.2
847.9
925.0
987.7
0
500
1000
1500
HONG KONG
278.3
259.4
329.3
296.1
365.6
350.0
386.1
359.5
476.3
499.8
490.6
521.0
544.4
578.4
602.8
0
200
400
600
800
U K
53.9
54.7
72.3
81.4
92.4
125.1
149.9
134.1
174.3
195.8
202.1
221.7
239.5
258.0
275.1
0
50
100
150
200
250
300
GERMANY
1,163.7
1,202.5
1,156.0
1,353.4
1,227.6
1,234.0
1,289.6
1,683.4
2,140.7
1,999.6
1,996.5
2,142.0
2,300.6
2,447.6
2,629.7
0.00
1000.00
2000.00
3000.00
JAPAN

22. 89.3
76.1
240.5
332.0
378.0
454.1
310.4
448.9
573.9
780.3
726.9
795.9
846.5
913.1
990.5
0
500
1000
1500
BELGIUM
134.2
142.4
158.1
156.9
168.0
212.9
420.6
55.3
521.0
601.8
496.5
559.4
625.6
694.7
759.8
0
200
400
600
800
ITALY
48.3
38.4
5.6
1.9
6.6
1.5
70.2
47.8
63.0
141.2
89.7
110.2
133.5
152.5
169.7
0
100
200
BANGLADESH
80.8
132.3
45.7
54.1
38.3
44.3
271.9
198.7
236.6
256.0
260.3
295.3
346.2
383.5
417.8
0
200
400
600
NETHERLAND
17.1
21.2
18.5
16.1
23.5
28.1
74.2
47.1
54.5
57.1
66.2
73.4
81.4
88.3
93.1
0
50
100
SRI LANKA
0.5
1.5
3.9
2.3
1.1
0.7
33.5
81.0
108.3
182.9
137.2
164.5
193.8
224.7
254.8
0
100
200
300
200420052006200720082009201020112012201320142015201620172018
SAUDI ARABIA
11.3
17.4
11.6
2.3
29.7
4.9
20.4
55.3
87.3
103.4
86.5
101.3
118.5
135.5
149.7
0
100
200
INDONESIA
27.2
48.2
73.3
60.3
93.5
62.3
107.4
129.8
118.5
115.0
139.4
146.7
155.1
166.9
174.5
0
50
100
150
200
KOREA

23. 0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
FROZEN
SHRIMP
FROZEN
FISH
FR CUTTLE
FISH
FR SQUID DRIED ITEM LIVE ITEMS CHILLED
ITEMS
OTHERS
9.23%
18.17%
12.02%
13.96%
18.86%
14.50%
23.70%
14.93%
0.00%
10.00%
20.00%
30.00%
40.00%
50.00%
60.00%
70.00%
80.00%
5.56%
9.12%
7.88%
5.39%
10.63%
17.03%
6.03%
13.77%
24.21%
16.19%
11.33%
12.23%
12.84%
79.39%
24.81%
15.52%

24. •India’s highest export performance increased to18841.20crores ( 19.06%) in 2013 on Total marine exports.
•Indian overall products and Marine products exported from our country. In the year 2004 Total exports of marine
products contri buted arround 2.08% on India’s Total export. but it was decreased to 0.84% in 2009 on Total
exports. but it over all reveals the contri but ion was above 1% on all the year of marine products
•In the year 2010 contribution of Marine products is arround 40.10% and in the year 2008 it was increased to -
13.43% due to lack of demands in foreign country. Overall it shows function in marine products
•Marine products export to FROZEN SHRIMP at the value was increasing into highest level 9706.36 croress (18.48%) in the year of 2013.
•Marine products export of FROZEN FISH at the was increasing into highest level 3296.86croress (18.22%). in the year of 2013
•Marine products export of FROZEN CUTTLE FISH at thewas Growing the highest export value in the year of 2013 is 1354.28croress (15.95%).
•Marine products export of FROZEN SQUID at thewas increasing into highest leve 1378.08 croress (18.94%) . in the year of 2013
•Marine products export of DRIED ITEM at thewas increasing into highest level 819.90 croress (17.90%). in the year of 2013
•Marine products export to LIVE ITEMS at thewas increasing into highest level 197.89 croress (19.22%). in the year of 2013.
•Marine products export of CHILLED ITEMS at the value was increasing into highest level 537.11 crores(25.78%). in the year of 2013
•Marine products export of OTHERS at the value was increasing into highest level 1565.78croress (17.57%). in the year of 2009

25. •Marine products export to JAPAN at the value was increasing into highest level 2140.67croress(14.81%). in the year of 2009
•Marine products export to USA was increasing into highest level 4026.48croress(22.04%). in the year of 2013
•Marine products export to CHINA was increasing into highest level 1977.81croress(16.27%). in the year of 2011
•Marine products export to U ARAB EMTS at the value was increasing into highest level 549.51croress (18.47%). in the year of 2009
•Marine products export to SINGAPORE at the value was increasing into highest level 256.01croress (18.57%). in the year of 2013
•Marine products export to U K at the value was increasing into highest level 499.8croress (13.88%). in the year of 2009
•Marine products export to GERMANY at the value was increasing into highest level 195.75croress (17.27%). in the year of 2009
•Marine products export to BELGIUM at the value was increasing into highest level 780croress (21.18%) in the year of 2009
•Marine products export to ITALY at the value was increasing into highest level 601croress. (23.41%) in the year of 2009
•Marine products export to BANGLADESH at the value was increasing into highest level (33.26%) 3779.80croress. in the year of 2013
•Marine products export to NETHERLAND at the value was increasing into highest level (18.85%) 256.03croress. in the year of 2009
•Marine products export to SRI LANKA at the value was increasing into highest level (15.97%) 57.08croress. in the year of 2013
•Marine products export to SAUDI ARAB at the value was increasing into highest level (43.99%) 182.9croress. in the year of 2013.
•Marine products export to INDONESIA at the was increasing into highest level (30.10%) 03.36croress. in the year of 2013
•Marine products export to KOREA at the value was increasing into highest level 118.53croress (13.77). in the year of 2013.
•Marine products export to HONG KONG at the value was increasing into highest level 755.06croress (24.11%). in the year of 2010

26. The marine board should take
necessary steps to improve its
foreign trade .Because the future
trend of the board’s export is in
partially decreasing trend.
The board has to produce some
more variety of marine products.
The board should adopt some
safety measures to avoid future
losses.
Multiple usages & multiple-
ownership;
 Poor understanding of
requirements of users;
The government and the industry
has to clearly identify the problem
and evolve a common strategy
involving the government and the
industry with cluster as focus.
 Unlike marine sector, inland
fisheries cannot claim a satisfactory
status with regard to data collection;
Preparation of policy papers and
issuing guidelines based on latest
information on zonal and regional
basis
Poor understanding of
requirements of users; Lack of
relevant and usable information;
It is good to give more incentives
to the employees; it will be helpful
for increasing the production
marine product.
To avoid fluction in growth rate
for seasonal,demand,production,
market condition, tax rate problem
,preshipment problem should be
avoided by improving storage
facility
Establishment and adoption of
standardized or compatible data
compilation methodologies and
tools;

27. The marine products export fetches several crores of foreign country to our country and provides
employment opportunities to our people. The production of the marine products must be increased to
increase the exports into global level. So, our marine products can hike their share into global level in
future. By, improving the exports of the marine products, it will yield the benefit to improve our
economy. Based on the above study we can find that all the aspects related to this company’s products
show a positive growth steadily. If marine export promotion council follows the strategy and policy
suitable to its environment it can be able to secure a significant portion of the world market. The growth
of exporter lies in the technical advancements, and maintenance of good will to beat the competitions,
which is extruding now as well as in the future. This chapter explains the trend analysis for export
statistics from the year 2014-2018. This projected trend will help the further enhancement of the
company. Increasing and declining trend has been shown by different charts.