**Summary: Coconut Promotion Scheme and India’s Global Production Leadership**
**Overview and Global Standing**
As of March 2026, India is the world’s largest producer of coconuts, contributing 30.37% of total global production. Nationally, coconut cultivation covers approximately 2,165.20 thousand hectares, out of a global total of nearly 12,390 thousand hectares. India produces approximately 21,373.62 million nuts annually, with an average productivity of 9,871 nuts per hectare.
**Socio-Economic Impact**
The coconut industry is a vital component of India’s agricultural output and serves as a primary source of livelihood for approximately 30 million people, including nearly 10 million farmers.
**Coconut Promotion Scheme (Union Budget 2026-27)**
The Government of India has introduced the Coconut Promotion Scheme to further enhance productivity and global competitiveness. Key interventions include:
* Increasing overall production and productivity in major coconut-growing states.
* Replacing old and non-productive trees with new saplings and improved plant varieties.
**Financial Allocation and Status**
The initiative is integrated into a broader ₹350 crore budgetary allocation designated for high-value agriculture, which encompasses coconut, cashew, and cocoa. As the scheme is currently under formulation, the specific State/UT-wise fund sanctions and utilization schedules have not yet been finalized.
**Official Source**
This information was released by the Ministry of Agriculture & Farmers Welfare and communicated by Shri Bhagirath Choudhary, Minister of State for Agriculture and Farmers Welfare, in a written reply to the Lok Sabha on March 17, 2026. (Release ID: 2241416).
Key Entities Referenced
Coconut Promotion Scheme: A government initiative aimed at increasing production and productivity by replacing old trees with new saplings and enhancing competitiveness in coconut-growing states.
Union Budget 2026-27: The national budget that introduced the Coconut Promotion Scheme and provided a ₹350 crore allocation for high-value agriculture including coconut, cashew, and cocoa.
Ministry of Agriculture & Farmers Welfare: The primary ministry responsible for the formulation and implementation of the Coconut Promotion Scheme.
Shri Bhagirath Choudhary: The Minister of State for Agriculture and Farmers Welfare who provided official details regarding the scheme's objectives and funding in the Lok Sabha.
Ministry of Agriculture & Farmers Welfare
India Leads Global Coconut Production;
Government Announces Coconut Promotion
Scheme in Budget 2026-27
Posted On: 17 MAR 2026 7:15PM by PIB Delhi
India is the world’s largest producer of coconuts contributing to 30.37% of the Global coconut production.
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.
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.
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.
This information was given by Minister of State for Agriculture and Farmers Welfare, Shri Bhagirath
Choudhary in a written reply in Lok Sabha today.
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