CAMPCO to expand arecanut procurement, sales across India
The Central Arecanut and Cocoa Marketing and Processing Cooperative (CAMPCO) is expanding its procurement and sales operations nationwide. The cooperative also plans to host an international conference on arecanut in 2027.
Why it matters
This expansion reflects a strategic shift for agricultural cooperatives to compete in a globalized market.
The Central Arecanut and Cocoa Marketing and Processing Cooperative Ltd. (CAMPCO), an inter-state cooperative organisation of arecanut growers of Karnataka and Kerala, has decided to expand its arecanut procurement and sales operations nationwide, according to its president S.R. Satishchandra.
Announcing this at the cooperative’s 52nd Annual General Meeting here on Saturday, he said CAMPCO now faces a situation where it must compete in the global market; consequently, its business operations are being expanded to the national level. Agreements will be signed with cooperative societies across various States for direct procurement and sales. The plan also involves procuring agricultural produce from different States for sale in Karnataka and Kerala.
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