The Coconut Development Board (CDB) has provided funding for the construction of 537 new coconut processing units, which will have the ability to handle 3638 million nuts annually once they are fully operational. The export of Indian coconut goods has also seen extraordinary success. There was a growth of over 40.09 per cent in the export of coconut products in 2021-22, with the total amount reaching Rs 3236.83 crore. This figure does not include coir products. Indian coconut exports mostly consist of activated carbon, coconut oil, dry coconut, desiccated coconut, fresh coconut, and virgin coconut oil.
The CDB estimates that exports in FY23 amounted to roughly Rs 3,555 crore, an increase of 9.8 per cent from FY22. Exports, on the other hand, grew by a far more impressive 41 per cent to a total of Rs 3,237 crore in FY22. The export value of activated carbon and coconut oil, which together make up more than 75 per cent, declined during the previous fiscal due to the onset of hostilities between Russia and Ukraine and price fluctuations.
Commenting on the aforementioned situation, M M Abdul Basheer, Managing Director, Indo German Carbons Ltd stated, "Activated carbon is used extensively in Russian industry. Many shipping companies were hesitant to transport goods to Russia because of the conflict with Ukraine. The United States, South Africa, and other countries keep on buying, nevertheless. While our prices are 10 per cent higher than the international market, the quality we provide is unmatched."
Striking the right price balance
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Denne historien er fra AgroSpectrum India Sep 2023-utgaven av AgroSpectrum.
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Small farmers are the greatest asset to India's food security: PM Modi
Prime Minister Narendra Modi centre) along with other dignitaries at the inauguration of the 32nd International Conference of Agricultural Economists ICAE) at National Agricultural Science Centre NASC) Complex, in New Delhi on August 3, 2024.
Agri Budgeting Blues
Budgeting blues is a wonderful term to identify what you have and what is necessary to investigate the need. When one deciphers the current Budget specifically for the farm sector blues, there is little Khushi (Happiness) and more Gum (sadness).
Unlocking the Potential of Municipal Solid Waste
The more conventional methods of managing waste, such burning and landfilling, become unsustainable. Landfills, although still in widespread usage, are land-use intensive and provide long-term environmental hazards, such as methane emissions and groundwater contamination. Even while incineration is a good way to reduce trash volume, it is energy-intensive and emits dangerous emissions. Cities are looking for new and creative approaches to manage garbage sustainably as conventional approaches become less practical.
Why Energy Transition Financing is Crucial for India
The whole world is badly hit by the cost of energy, including fuel, due to the ongoing geo-political issues. India’s net oil and gas import bill reportedly stood at 122 billion for 2023-24. The Indian economy is the fastest growing economy and estimated to grow between 6.8 and 7.2 per cent in the coming years. No doubt the need for energy is ever increasing. India’s per capita electricity consumption is at 1200 units as compared to the USA which is 12000 units. Energy is a growth engine for any economy. In such a situation, focusing on Energy Transition is quite crucial, with significantly long term financing for 15-20 years in place.
Navigating Upstream Challenges in Bioenergy Sector
Bharat is at the cusp of a Green Energy Revolution’; and Bioenergy, including Biofuels, is a vital Energy Engine’ to contribute towards the Net Zero 2070 commitment made by India during COP26. Surely, we will get there with collective efforts and partnerships, as we move into COP29 at Azerbaijan this year and beyond and one is sanguine that Bharat will not only lead the 2nd Industrial Revolution but also initiate and lead the Green Energy Revolution’.
Why Ensuring Adequate Biomass Supply is Fraught with Challenges
In recent years, biomass has emerged as a promising source of bioenergy, offering carbon neutral and sustainable energy. Sourcing and procurement of feedstock in India, however, presents unique challenges due to varying agricultural land, infrastructure constraints and economic conditions. Let's take a closer look.
Leveraging Bioenergy to Revitalise Indian Economy
From the early use of fire and animal power that improved lives, to the present world with use of electricity and cleaner sustainable fuels for a multitude of purposes - energy has been the enabler of development.
Can Bioenergy Adoption End Stubble Burning Practise?
Rice is one of the primary agricultural produces in India and a major source of sustenance.
Compressed BioGas: The New Hope for Energy Independence
The global bioenergy landscape is evolving rapidly, with countries around the world recognising its potential to address climate change, enhance energy security, and promote sustainable development. India, with its abundant biomass resources and growing energy demand, is uniquely positioned to lead in the bioenergy sector, particularly in the production and utilisation of Compressed Biogas CBG). Let's delve deep as to how CBG can be a new hope for energy independence for India.
Public-Private Partnership in Bioenergy Sector
Public-Private Partnerships (PPPS) represent a collaborative approach between government entities and private sector companies to achieve goals that neither party could easily achieve alone.
