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*Corresponding author: ad_up@rediffmail.com
The smoked fish is popular and in high demand in Manipur. In this paper vale chain of smoked fish was analyzed and findings showed that the smoking of fish in Manipur is profitable activity which provides gainful employments to the women in the state. The sub value chain-I(traders outside states-wholesalers-retailers-consumers) and sub value chain-IV (fishermen-fish processor-traders- retailers-consumers) were identified as core value chain through which maximum volume and value flow takes place. The women participation was found to be higher in processing as well as in trading of smoked and other processed fish products. Further, for upgradion of value chain, technical and financial supports are crucial.