Coconut Development Board (CDB) has approved 38 projects with an outlay of ₹60.20 crore and financial assistance of ₹9.086 crore under Technology Mission on Coconut.
The approved projects will have an annual processing capacity of 1912.70 lakh coconuts and 18,000 tonnes production of coconut shell charcoal and 1500 tonnes production of coconut shell based activated carbon.
Out of 38 sanctioned projects, there were 3 research projects, 32 projects on processing and product diversification, and 3 market promotion.