India’s export of coconut products excluding coir products during the year 2021-22 touched Rs 3,236.83 crore, recording an increase of about 41 per cent over the previous year.
The production of coconut in India during 2021-22 was 19,247 million nuts which accounts for more than 31 per cent of the global production, a release said on Sunday.
Total export including coir reached at Rs. 7577 crores which shows the importance of coconut to Indian economy. The productivity was recorded at 9,123 nuts per hectare. Our total area under coconut is 2.10 million ha.
India leads the coconut growing countries in production and productivity and holds third position in area under coconut. In India coconut based industries are growing in number bringing new products in the markets and also giving employment opportunities to many.
The Coconut Development Board (CDB) has extended support for the establishment of 537 new coconut processing units with a capacity to process 3,638 million nuts per year.
Source: Daily Excelsior