A China battling Japan seems to be a big catch for the Indian seafood industry. Hit by steep tariffs by the Trump administration, India's seafood industry has gained with China imposing curbs on imports from Japan. On Wednesday, Beijing imposed a complete ban on Japanese seafood imports , asserting its economic might amid a diplomatic battle over Taiwan. Shares of Indian seafood exporters jumped as much as 11% soon after.

Shares of Telangana-based, Avanti Feeds, an integrated seafood company, closed nearly 10% higher, which was its strongest daily gain in over two months, while those of Coastal Corporation, one of the leading producers and exporters of seafood in India, rose 5%. The latter had announced plans earlier this year to ramp up shipments to China and other markets as part of

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