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Lobsters are commercially fished decapods found in all oceans with hard protective exoskeleton. Lobster meat was one of the high valued seafood with well-established export markets around the world. Commercial exploitation of lobsters from the Indian seas began in the 1950s. The peak annual lobster landings were 16663 t in 1974 followed by 12508 t in 1973 and 9612 in 1971. The recent landings were 1410 t in 2013 followed by 1568 t in 2014. Due to overfishing or improper management, the lobster fishery was declining in recent years. The lobster fishery could be managed properly by Lobster aggregating devices (LAD’s); forming artificial habitats; strict implementation of conservatory measures on mesh size with community and co-management principles. Suggestions and recommendations have been made for the enhancement of lobster fisheries in India enclosing all the fishers, stakeholders and scientific communities.