India earned INR 6,448 crore from export of coconut products during 2014-18

New Delhi: Every year, 2nd September is celebrated as World Coconut Day to commemorate the formation day of Asian Pacific Coconut Community (APCC). APCC is an intergovernmental organization of 18 member countries mandated to promote, coordinate and harmonize coconut developmental activities of the Asian Pacific region to achieve maximum economic development.

In India, under the leadership of the Central Government, the Coconut Development Board is celebrating World Coconut Day every year in various coconut producing states across the country.

India stands first in global coconut production and productivity. The annual coconut production of India is INR 2,437.80 crore and the productivity is 11,616 coconuts per hectare. The crop is cultivated in 20.98 lakh hectare. The crop contributes INR 34,100 crore to GDP. More than one crore people depend on this crop for their livelihood.

In his remarks on the occasion, the Minister of Agriculture and Farmers’ Welfare, Mr Radha Mohan Singh stated that coconut palm the ‘Kalpavriksha’ is Nature’s great boon for the healthy and wealthy life of mankind. Coconut is known to have been cultivated for thousands of years in our country and is an inevitable part of our culture and tradition, religious and social practices, folklore, food and drink. In folklore, coconut is the fruit which provides nutrition and is our heritage and legacy. The tree is mankind’s true friend and a symbol of national integration.

The Minister informed that the National Horticulture Mission is implementing various aspirational schemes for the integrated development of coconut in the country and through these schemes farmers throughout the country get updated on scientific coconut cultivation, product processing, marketing and export.

The Coconut Development Board has made significant contribution for the remarkable achievements made in the coconut industry in the country. Coconut farmers can be led to prosperity only through value addition of coconut. For this, the Coconut Development Board is implementing the Technology Mission on Coconut programme under which 480 coconut processing units have been established with a capacity to process 274 crore nuts per year.

He said that 9633 Coconut Producer Societies, 740 Coconut Producer Federations and 67 Coconut Producer Companies have been established in the country. I hope that all the schemes of the Board will be implemented through these farmer collectives and the farmers will assert their right over the processing, marketing and import of coconut products.

The Coconut Development Board has made laudable achievements under its skill development in coconut sector viz. Friends of Coconut Tree (FOCT) Training Programme and the Neera Technician training programme and has given training to more than 60998 youths and 2637 Neera Technicians.

Board through its various sponsored research programmes has brought before the world the goodness of not only coconut oil but also tender coconut and other coconut products. Now we know that coconut oil has medium chain fatty acids which is disease resistant and heart friendly and virgin coconut oil can prevent premature ageing. Research has shown that virgin coconut oil is effective in curing diabetes, cancer and Alzheimer diseases. The Minister appealed to the people to take up this sacred fruit, which is the identity of our tradition and culture, and enjoy the innumerable benefits of this fruit for the wellness of our families.

The government has increased the Minimum Support Price of Milling Copra from INR 6,500 per Quintal to INR 7,511 per Quintal and for Ball copra from INR 6,785 per Quintal to Rs 7757 per Quintal. Not only this, the government has declared up to 5% incentive in the export value (FOB) in its new Foreign Trade Policy for 2015-20 for the promotion of coconut product export. A quantum leap in the export of coconut products is expected in the near future as the price of coconut products is increasingly becoming highly competitive.

“Income earned from export of coconut products was INR 3,975 crore during 2004-14, which increased to INR 6,448 crore during 2014-18. With the efforts of Modi Government, India has started exporting coconut oil to Malaysia, Indonesia and Sri Lanka. Till last year, India used to import coconut oil from these countries. Besides, for the first time, India is exporting large quantities of dry coconut to US and European countries,” said Mr Singh.

The Minister said that he is confident that the farmers will avail the benefits of the schemes implemented by the Board and will take forward the coconut cultivation and industry for their better Health, Wealth and Wellness. The Coconut Development Board with its whole hearted efforts will leave no stone unturned to fulfil the dreams of the farmers and beneficiaries. India will become the global leader in not only the production and productivity of coconut but also in processing and export, and the innumerable qualities of coconut will emerge.