Financial Assistance for Coconut-based Industries from Coconut Development Board

Coconut Development Board

Kochi: Coconut Development Board, Ministry of Agriculture and Farmers Welfare, Government of India is extending financial support for establishment of coconut based industries. Financial support is extended to the tune of 25% of the project cost limited to Rs.50 lakh and for SC/ST Women entrepreneurs, the financial assistance is extended upto 33.3 per cent of the project cost limited Rs. 50.00 lakh per project as back ended subsidy.

Prospective entrepreneurs/ NGOs/ Co-operatives/ FPOs may avail the benefits of this scheme for setting up of coconut based industries/ units for manufacturing of coconut-based value added products such as desiccated coconut powder, virgin coconut oil, coconut milk, coconut milk powder, flavored coconut milk (ready to drink), tender coconut water, coconut shell-based powder, charcoal and activated carbon and any other value added coconut products.

You may contact for further details to SS Choyal- Deputy Director/ Mridula K –Technical Officer / Jyothi K Nair- Food Processing Engineer. Phone: +91 484-2376265/2377266/2377267/2376553