International Journal of Management and Commerce Innovations ISSN 2348-7585 (Online) Vol. 7, Issue 2, pp: (1057-1066), Month: October 2019 - March 2020, Available at: www.researchpublish.com
A STUDY ON THE EFFECT OF CLIMATE CHANGE IN THE FISH INDUSTRY IN KARNATAKA 1
B. Sai Kartik, 2Maaz Sheik MBA (IB)
School of Business Studies and Social Sciences
Abstract: There are huge changes taking place in the climate in the world and India is not any different. These climate changes have had a huge impact on the fish suppliers and fish industry as a whole causing significant changes in factors like demand supply ratio, inventory management, sourcing, quality and transportation of fish as a product. As the suppliers are dependent on the fishermen, the climate change is affecting both the parties in a significant manner. The study aims to analyse the impact of climate change on fish suppliers and industry in Karnataka and various changes that have taken place in the key supply chain operations such as sourcing, distribution, stocking and transportation through a case study method in order to get an in-depth descriptive knowledge of the scenario. Keywords: Climate change, Fish Industry.
1. INTRODUCTION Karnataka has reported the highest growth in the country's coastal States in fish production. Karnataka reported a compounded annual growth rate of about 11.5 per cent in the last five years, according to an independent study conducted by the Associated Chambers of Commerce and Industry of India (Assocham). It produced five lakh tons of fish last year (value-based Rs 4,000 crore) and accounted for 6% of total fish production in the country estimated at 91 lakh tons.With a coastline of 300 km and six lakh hectares of inland waters, it has tremendous potential for further growth in fishery sector investment . Fisheries and aquaculture in many countries like India contribute largely to food, nutrition and livelihood welfare. This contributes nearly 1 per cent of India's gross domestic product. Nevertheless, the global climate change has profoundly affected both coastal and inland ecosystems as well as aquaculture. Climate change affects the fisheries and aquaculture sector directly by regulation of the patterns of ecology, behaviour, distribution and migration, reproductive capacity and mortality. It is estimated that ecosystem services on India's east coast could decrease by 25 per cent in 25 years OBJECTIVES 1.To study the ways in which climate change has affected fishing industry in Karnataka 2.To study the impact of climate change on fish suppliers 3.To study the impact of climate change on sourcing, distribution and sales of fish in Karnataka HYPOTHESIS H0: Change in climate has significant impact on suppliers operations H1:Change in climate has no significant impact on supplier operations H2: Change in climate has a significant impact on sales, sourcing and distribution of fish
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