Grouping of Cost Involved in Seafood Export of Tamil Nadu-Exploratory Factor Analysis

Cost plays an important role in every aspects of the product from the processing to till packaging of the product. Seafood manufacturers are adopting the strategy to reduce the cost of the product upto their maximum effort. The efforts are mainly for the reasons of reduce the cost of product and offer the product with low cost. The researcher has identified twelve cost involved in the processing plant of the exporter to reach the goods in the hands of the importer. The survey conducted with the 230 seafood exporters of Tamil Nadu by using the simple random sampling method. The researcher found the four groups among the twelve costs involved in seafood export by applying the exploratory factor analysis. The researcher would like to thank the authorities of Indian Council of Social Science Research for providing fund to complete the research work successfully.