Financial Assistance for Coconut Based Industries from CDB

KOCHI:
Coconut Development Board (CDB) is a statutory body established by Government of India under Ministry of Agriculture and Farmers Welfare, New Delhi for the Integrated Development of Coconut Industry in India.
CDB is extending financial support for establishment of coconut based industries. The scheme is being implemented on project basis. Financial support is extended to the tune of 25% of the project cost limited to Rs.50 lakhs 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 production of coconut based value added products such as desiccated coconut powder, virgin coconut oil, spray dried coconut milk, coconut milk, flavored coconut juice, tender coconut water, activated carbon, shell powder and shell charcoal.
Interested entrepreneurs planning to set up coconut based processing units with a processing capacity of 5000 coconuts per day and above may contact to the following numbers: 0484-2376265/2377266/2377267/2376553
SS Choyal- Deputy Director/ Mridula K – Technical Officer / Jyothi K Nair- Food Processing Engineer
For more details, kindly visit: www.coconutboard.gov.in