Comments
In spite of the November 8 note ban and the subsequent cap on the purchase of arecanut, the total turnover of Campco (Central Arecanut and Cocoa Marketing and Processing Cooperative) Ltd crossed the ₹1,600-crore mark in 2016-17.
Giving the provisional figures for the year, Suresh Bhandary, Campco MD, told BusinessLine the total turnover of the cooperative stood at a record ₹1,610 crore, against ₹1,591 crore in 2015-16. Arecanut’s share in the total turnover stood at around ₹1,400 crore.
The cooperative purchased around 53,700 tonnes of arecanut from its grower members in 2016-17, against 51,142 tonnes in 2015-16.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.