Mangroves are valuable for their fishery resources, coastline stabilization abilities, water quality and clarity benefits, provision of habitat to economically profitable and ecologically important species, carbon sequestration services, and climate regulation capabilities. For centuries, mangroves have contributed significantly to the socioeconomic lives of coastal dwellers; especially in coastal fishery by providing nursery grounds for finfishes. Fishery resource services provided by mangrove ecosystem play an important role as the habitat, nursery ground, feeding ground, and spawning ground for various marine fish species. Despite their enormous socio-economic value and ecological significance, mangrove ecosystems are under severe threat such as large scale clearing, small scale harvesting and grazing, and industrial threats. The productivity of mangrove ecosystems has been linked to the well-being of valuable fisheries because of the role mangroves play as nursery habitat for a variety of marine and estuarine species. Many species of mangrove-related fish and crab have served the coastal communities as a natural, cheap and balanced nutritional source. Mangroves provide vital ecosystem services to coastal fishing communities through the enhancement of fisheries production. Due to their economic and ecologic significance, it is important to look to the future of these systems in the face of ‘fishery resource’ so that policy makers may act quickly to preserve and protect these ecosystems. Present review provides recent information on role of mangroves as fishery resource by studying the updated published literature and the threats faced by the mangroves. It is suggested that strategies should be prepared and rigorously implemented for the conservation and restoration of mangrove ecosystem.