Agri Business

Campco to market areca, pepper on e-commerce platform soon

Our Bureau Mangaluru | Updated on November 26, 2020 Published on November 26, 2020

Will launch 1 kg pack of arecanut, 200 gm pack of pepper on e-commerce platform by end of December, says Campco’s Managing Director (in-charge)

The Central Arecanut and Cocoa Marketing and Processing Cooperative (Campco) Ltd is planning to market arecanut and pepper in consumer packs on the e-commerce platforms from next month.

SR Satishchandra, President, Campco, said Campco started marketing its chocolate products on an e-commerce platform recently. The feedback for this initiative is good.

He said now the cooperative is planning to market pepper and arecanut in consumer packs on the e-commerce platform.

Growth

HM Krishna Kumar, Managing Director (in-charge), said, “The cooperative will launch 1 kg pack of arecanut and 200 gm pack of pepper on e-commerce platform by the end of December.” Satishchandra said, Campco made a net profit of ₹32.10 crore during 2019-20 as against ₹28.58 crore in 2018-19, registering a growth of 12.31 per cent.

He said the price of white arecanut has crossed ₹400 a kg. Referring to Campco’s initiatives during the lockdown, he said the cooperative commenced purchases of arecanut and cocoa in a phased manner meeting the all the strictures laid down by the government.

In spite of a total standstill in all sectors, Campco extended a remunerative price to the grower-members during the lockdown.

The total production at the chocolate factory of Campco stood at 15,956 tonnes during 2019-20. It sold chocolates worth ₹224 crore during the period including export of 1,507 tonnes valued at ₹22.81 crore, he said.

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Published on November 26, 2020
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