Our Bureau

Kochi, Dec. 15

THE international seminar on coconut on the theme "Global Coconut Industry - Outlook for the Future," organised by the Coconut Development Board recently in Goa, has recommended introduction of crop insurance to protect coconut farmers against crop loss and price loss.

The seminar, which has covered important areas such as coconut production and protection technology, value addition of coconut and challenges and opportunities for market development, also emphasised the need to ensure quality, starting from the farm operations to the final product on shelf.

Other recommendations included the launching of a promotional campaign to project the positive attributes of coconut and its products and popularise their health and nutritional benefits, as reflected in traditional ayurvedic texts and further corroborated by modern scientific research.

The participants also pointed out the need to enlarge the range of products derived from coconut in order to reduce the diminishing market for traditional products such as coconut oil. In this context, the need to promote virgin coconut oil, which is a high value oil with a niche market, processed and packaged Neera and the various downstream products derived from Neera also received attention, an official release here said.

It also deliberated on the need to examine the economics of using coconut oil as bio fuel, and to study the developments made in Thailand.

(This article was published in the Business Line print edition dated December 16, 2005)
XThese are links to The Hindu Business Line suggested by Outbrain, which may or may not be relevant to the other content on this page. You can read Outbrain's privacy and cookie policy here.