India accounts for over 30% of global coconut production: CDB

Hyderabad, Feb 28 (KNN) As per 2020 statistics of International Coconut Community (ICC), India is the largest coconut producing country with 30.93 per cent share in global production, followed by Indonesia and Philippines,” said Vijayalakshmi Nadendla, CEO of Coconut Development Board (CDB) on Monday.

Addressing the inaugural ceremony of an international conference on trade and marketing of coconut products organised by the CDB in Hyderabad, Nadendla said, “India ranks second in terms of productivity 9,346 nuts per ha next to Vietnam where the production is 10,547 nuts per ha.”

Presently, the coconut crop contributes around Rs 30,795.6 crore to the country’s GDP and earns export revenue of around Rs 7,576.8 crore.

The two-day trade and marketing conference is being organised in collaboration with International Coconut Community (ICC).

More than 450 delegates joined virtually from across the globe and 26 international delegates are participating in person, the organisers said.

Addressing the gathering, ICC Executive Director Jelfina C. Alouw stressed the significance of facilitating transfer of technical information on global market prospects in coconut, innovative industry in coconut sector and sustainability in coconut sector.

Exports of coconut products during 2021-22 were valued at Rs 3,236.83 crore as against Rs 2,294.81 crore in 2020-21.  (KNN Bureau)