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    [news_id] => 4862
    [news_heading] => India tops global coconut production; new promotion scheme announced in Budget 2026–27
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NEW DELHI, 18 March 2026: India has reaffirmed its position as the world’s largest coconut producer, contributing 30.37% to global production, while the government has announced a new Coconut Promotion Scheme in the Union Budget 2026–27 to further boost the sector.


India’s Dominance in Coconut Production

India’s coconut sector continues to play a vital role in agriculture and rural livelihoods:


 

 
Global share: 30.37%
 
 

 
Area under cultivation: 21.65 lakh hectares
 
 

 
Annual production: 21,373.62 million nuts
 
 

 
Average productivity: 9,871 nuts per hectare
 


Coconut cultivation supports nearly 30 million people, including around 10 million farmers, highlighting its importance as a livelihood crop.

New Coconut Promotion Scheme

The government has introduced the Coconut Promotion Scheme as part of the Union Budget 2026–27, aimed at:


 

 
Increasing coconut production
 
 

 
Enhancing farm productivity
 
 

 
Improving global competitiveness
 


Key interventions include:


 

 
Replacement of old and unproductive trees
 
 

 
Introduction of high-yielding saplings and improved varieties
 
 

 
Strengthening cultivation practices in major coconut-growing states
 


₹350 Crore Push for High-Value Agriculture

The scheme is part of a broader ₹350 crore allocation focused on high-value crops such as:


 

 
Coconut
 
 

 
Cashew
 
 

 
Cocoa
 


This move reflects the government’s strategy to diversify agriculture and boost export-oriented crops.

Implementation Status

The scheme is currently under formulation, and state-wise fund allocation and utilisation details are yet to be finalised.

Government Statement

The information was shared by Bhagirath Choudhary, Minister of State for Agriculture and Farmers Welfare, in a written reply in the Lok Sabha.

Outlook

With strong global leadership in coconut production and targeted policy support, India is well-positioned to:


 

 
Enhance productivity and farmer incomes
 
 

 
Strengthen value-added coconut products
 
 

 
Expand its footprint in global markets
 


The Coconut Promotion Scheme is expected to play a key role in modernising the sector and ensuring sustainable growth.

Image credit: parachutekalpavriksha.org/

    [date] => 2026-03-18 00:38:00
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    [location] => NEW DELHI
    [meta_title] => India tops global coconut production; new promotion scheme announced in Budget 2026–27
    [meta_description] => India leads global coconut production with over 30% share; government announces Coconut Promotion Scheme in Budget 2026–27.
    [meta_keywords] => India coconut production global leader, Coconut Promotion Scheme 2026 India, coconut farmers India productivity, high value agriculture budget India coconut cashew cocoa, coconut exports India agriculture.
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    [date_added] => 2026-05-19 15:59:07
    [date_modified] => 2026-03-18 12:42:40
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