According to him, Indonesia is producing 170 million tonnes of coconut per year, while Philippines produced 130 million tonnes. CP Radhakrishnan of Coir Board takes a look at a stall at Coconut festival 2018 in Coimbatore on Saturday. (Photo: DC) COIMBATORE: The first edition of ‘CII Coconut Festival’ opened here on Saturday, amid domain experts calling for more value addition to coconut to help tap the huge business potential it offers in both the domestic and export sectors. The two-day exhibition under the theme, ‘More nuts per tree and more value per nut’ was inaugurated at CODISSIA trade fair complex. Speaking at the function, P Ravichandran, chairman CII, Tamil Nadu, said that value addition is the future of Indian food industry, as world population continued to increase. He said, “the current population of the world will increase into 7.2 billion from six billion in 2030 and it will touch nine billion in 2050. People require nutritious foo...
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