Indian assistance to help coconut industry
Coconut growers and manufacturers of coconut-based products will benefit from expertise from India through a memorandum of understanding to be signed with the Indian government. The experts from India would do studies and make recommendations to Government.
The Ministry of Agriculture said they had sought assistance from India to revitalise the coconut industry with a vigorous replanting program and to establish small, family-managed cottage industries for income generation in rural areas.
India would provide qualified professional engineers and advisors.
The Agriculture Ministry said that other uses of coconut would also be explored to move away from the traditional dependence on copra due to its vulnerability to changing prices of coconut oil.
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