Bumper boost in coconut production as its export reaches to Rs 2000 Cr in FY17

NewsBharati    28-Jan-2018
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New Delhi, January 28: Union Agriculture Minister Radha Mohan Singh said that India is leading in the global coconut production and productivity. In the year 2016-17, coconut products worth of Rs.2084 crore were exported.

On the occasion of the inauguration of the Farmers’ Training Centre cum Regional Office Building of Coconut Development Board (CDB) in Patna, the Minister informed that the annual coconut production is 2395 crore from 20.82 lakh hectare and the productivity is 11505 coconuts/hectare. Coconut contributes to about Rs.27900 crore to the country’s GDP.

“More than one crore population depends on coconut cultivation for their livelihood. The aim of the CDB is to assist the coconut farmers in coconut production, processing, marketing and export of value-added coconut products thereby to make India the global leader in coconut production, productivity, processing, and export.”

Singh said that the country has witnessed an increase in coconut export. During the period 2013 -15, coconut production was 42,104 million nuts whereas 44,405 million nuts were produced during the period of 2015-17.

The export value of coconut products has increased from Rs.3017.30 crore during 2011-14 to Rs. 4846.36 crore, which is 60.62% more, which is an achievement. In the year 2016, we started exporting coconut oil to Malaysia, Indonesia, and Sri Lanka, the countries from where we were importing earlier. For the first time, desiccated coconut is being exported to the US and Europe in large quantities from India.

Coconut Agriculture Farmer Coconut Production Radha Mohan Singh Governance Coconut Development Board