Financial Assistance for Coconut Based Industries

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% 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.

Entrepreneurs interested to invest for setting up of coconut based industries may see the details on the link given below:

Click Here to Download

After preliminary study of the projects, you may contact for further details to
SS Choyal - Deputy Director / Sharon Mariam Jacob, Food Processing Engineer / Ciby Susan Cherian, Food Processing Engineer.
Phone: 0484-2376265/ 2377266/ 2377267/ 2376553.