The Marine Products Export Development Authority (MPEDA), established in 1972, oversees India's fisheries and marine product exports, including registration of seafood facilities, international market promotion, and development initiatives. The authority functions under the Ministry of Commerce and has a budget of Rs 100 crore for 2017-18, focusing on market promotion, infrastructure development, and quality control. Despite fluctuations in export performance, particularly in shrimp export to the USA, MPEDA aims to modernize fishing harbors with a proposed Rs 2500 crore project starting in 2020.