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Thailand is pushing hard to bring together its coconut sector, an important cash crop which contributes 0.11 per cent of export earnings of the country.
A five-member delegation from CP (Charoen Pokphand) group, Thailand, visited Coconut Development Board to explore the possibilities of establishing individual coconut producing units or starting joint ventures with the coconut producer companies in South India. CP Group is the largest private company in Thailand which has been active in India for the past 20 years and is yet to set foot in the agriculture sector.
Coconut is one of an important cash crop of more than three lakh small farmers of Thailand and the country is lacking in sufficient raw materials for processing industries.
The team headed by Khunsri Thongyoi, Senior Vice-President of CP Crop Integration Business, held detailed discussions with TK Jose, Chairman of CDB, who briefed about the coconut cultivation and industry of India and scope for starting coconut-based industries in association with Indian partnership.
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