On a proposal made by the Ministry of Traditional Industries and Small Enterprise Development, Cabinet approval was granted to develop and expand this Fishnet Factory at Gurunagar in Jaffna.

A sum of Rs.152 million will be obtained from the government of India under its small Grant Assistance Program to develop this factory.

Fishing industry has been a major economic activity and a source of livelihood in the Northern Region during the past

The sea food production in Jaffna in 2010 was 20,740 Mt. and is expected to be increased up to 25,000 Mt. per annum.