Array
(
    [news_id] => 4862
    [news_heading] => India tops global coconut production; new promotion scheme announced in Budget 2026–27
    [language_id] => 1
    [parent_id] => 0
    [full_story] => 
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
    [image] => india-tops-global-coconut-production-new-promotion-scheme-announced-in-budget-2026-ndash-27-english.jpeg
    [pdf] => 
    [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.
    [tag] => tops , global , coconut , promotion , announced , 202627 , delhi , 2026 , reaffirmed , worldrsquos , largest , contributing , 3037 , 2026ndash27 , boost , sector , indiarsquos , dominance , continues , vital , agriculture , rural , livelihoods , cultivation , 2165 , lakh , hectares , annual , 2137362 , productivity , 9871 , hectare , supports , farmers , highlighting , importance , livelihood , crop , aimed , increasing , enhancing , improving , competitiveness , interventions , replacement , unproductive , introduction , yielding , saplings , improved , varieties , strengthening , practices , crore , broader , allocation , crops , cashew , cocoa , reflects , governmentrsquos , diversify , export , oriented , implementation , currently , formulation , utilisation , finalised , bhagirath , choudhary , welfare , reply , sabha , outlook , leadership , targeted , positioned , enhance , farmer , incomes , strengthen , products , expand , footprint , markets , modernising , ensuring , sustainable , creditnbspparachutekalpavrikshaorgindia , announces
    [youtube_url] => 
    [third_party_url] => 
    [thumbnails] => 0
    [news_type] => 0
    [amount] => 0
    [agri_intelligence] => 1
    [news_details] => 1
    [publish] => 1
    [sort_order] => 0
    [status] => 1
    [watermark_status] => 0
    [admin_id] => 13
    [n_id] => 0
    [view] => 120614
    [date_added] => 2026-05-19 16:00:00
    [date_modified] => 2026-03-18 12:42:40
    [category_id] => 55
    [ads] => Array
        (
        )

)