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India Tops Global Coconut Production, ₹350 Cr Promotion Scheme Announced in Budget 2026-27

Over 30 Million Livelihoods Linked; Push for Higher Productivity, Replantation of Old Trees

Gadyal Desk by Gadyal Desk
18/03/2026
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India Tops Global Coconut Production, ₹350 Cr Promotion Scheme Announced in Budget 2026-27
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New Delhi, Mar 17 (JKNS): India has reaffirmed its position as the world’s largest coconut producer, contributing over 30 percent to global output, as the Government announced a dedicated Coconut Promotion Scheme in the Union Budget 2026–27 to boost production, improve productivity and strengthen farmer livelihoods.

In a written reply in Lok Sabha by Minister of State for Agriculture and Farmers Welfare, Bhagirath Choudhary said as per news agency JKNS, “India is the world’s largest producer of coconuts contributing to 30.37% of the Global coconut production.”

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Globally, coconut cultivation covers nearly 12390 thousand hectares, of which India accounts for approximately 2165.20 thousand hectares. The country produces around 21373.62 million nuts annually.

It further stated that, the average productivity stands at around 9871 nuts per hectare, reflecting the crop’s significant contribution to agricultural output of the country.

About 30 million people including nearly 10 million farmers, depend on coconuts for their livelihood, reply stated.

Coconut Promotion Scheme has been announced by the Government of India in Union Budget 2026-27 aimed to increase production and enhance productivity through various interventions including replacing old and non-productive trees with new saplings/plants/varieties to further enhance competitiveness in coconut production in major coconut growing States in the country.

The initiative is part of a broader ₹350 crore allocation for high-value agriculture, which includes coconut, cashew, and cocoa.However, the State/UT-wise fund sanctionand utilization under the scheme have not yet been finalized as the scheme is under formulation. (JKNS)

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