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CDB hosts exporters’ meet in Kochi; Plans to launch schemes for exporters
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Friday, 24 February, 2017, 08 : 00 AM [IST]
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Our Bureau, Mumbai
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Coconut Development Board (CDB) organised an exporters’ meet in Kochi recently.Saradindu Das, chief coconut development officer, CDB, inaugurated the programme. In his introductory remarks, he stated that CDB was planning to come up with many beneficial schemes to coconut product exporters in the ensuing Five-year Plan period, which would boost the export of coconut products andmotivate the exporters to explore the opportunities in the sector to its fullest.
A M Girija, Quality Council of India- (QCI) approved consultant and chief executive officer, Insight Quality Consultancy Services, spoke on quality systems and standards for a competitive edge in exports, and Sreekant Bhatof Logon Logistics and Shipping spoke on minimising the risk of export business.
K S Sebastian, assistant director, marketing, CDB, made a presentation on the present scenario of Indian coconut product exports. An interactive session of exporters was also held as part of the programme.A K Nandi, secretary, R Jnanadevan, deputy director, and other senior officers of the Board, along with 40 major coconut product exporters, took part in the programme.
Sardar Sing Choyal, deputy director, CDB, delivered the welcome address, andSiddarameswara Swamy, assistant marketing officer, CDB, proposed the vote of thanks.
The programme provided an opportunity for exporters to show their experience and suggest fresh schemes or modifications to be made in the existing schemes to bridge the gap between the requirements and government interventions incorporated in the future policies.
A sizable quantity of Indian coconuts and coconut products is exported to various destinations. The United States, the Gulf Cooperation Council (GCC), the United Kingdom, the European Union (EU)countries, Japan, Iran and South Africa are some of the major export destinations.
In terms of export, India is the fourth largest exporter of coconut products behind the Philippines, Indonesia and Sri Lanka.
The government of India notified Coconut Development Board as Export Promotion Council (EPC) onApril 1, 2009, for promoting the export of coconut and coconut products from India other than coir and coir products.
Since then, the export of coconut products recorded a steady increase with a compounded annual growth rate (CAGR) of 22.35 per cent.
In 2009-10, the exports of coconut products from India wereworth Rs432.38 crore, and they touched Rs1,450.24 crore in financial year (FY) 2015-16.
During FY 2015-16, when the total exports of India declined by 15.8 per cent, coconut product exports marked a remarkable increase of 10.50 per cent compared to FY 2014-15.The exports of coconut products since FY2009-10 are given below:
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Export of
coconut products
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Year
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Export
(Rs in crore)
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2009-10
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432.38
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2010-11
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525.65
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2011-12
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838.65
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2012-13
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1,022.53
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2013-14
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1,156.12
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2014-15
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1,312.38
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2015-16
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1,450.24
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The current trend in export of coconut products also indicates a positive growth. The export of coconut products during the period between April and November 2016 was Rs1,446.80 crore, which shows a growth of about 50 per cent compared to the same period of the previous year.
CDB issues a Registration-cum-Membership Certificate (RCMC) to coconut exporters. RCMCfrom the Export Promotion Council ismandatory for exports, so as to avail the various benefits under the Foreign Trade Policy and the duty neutralisation schemes of the Department of Revenue.
A considerable increase in the number of exporters is recorded since CDB is registered as EPC. The cumulative number of exporters registered with CDB during FY 2015-16 was 2,088. The number of exporters registered with CDB recently reached 2,631.
Coconut and value-added products has immense potential in the international markets and is growing year-by-year.
The sector still has opportunities for the exporters, who can tap that opportunities and achieve more heights.
The exporters meet conducted by CDB provided a common platform for exporters of coconut and its value-added products, to provide an overall understanding of the present export scenario and the beneficial schemes and provisions enabled by government agencies for supporting exporters.
This platformalso helped exporters to share their knowledge, thoughts and concerns regarding the sector.
Introductory remarks by Saradindu Das, chief coconut development officer, CDB
A M Girijaspeaking on quality
systems and standards for a competitive edge in exports
Sardar Sing Choyal, deputy director,
CDB, delivering the welcome address
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