STOCK MARKET BSE NSE

CPCRI Gives Wings to Agribusiness Startups

Published: 08th August 2014 08:49 AM  |   Last Updated: 08th August 2014 08:49 AM   |  A+A-

KASARGOD: When M A Haris, who hails from Mulleria which is a remote village 25 km from Kasargod, dreamed to make desiccated coconut powder fit for export, money was a major problem before him. The machinery alone will cost `80 lakh to `1 crore, a huge stumbling block for a small-time  entrepreneur.

That was when he approached the Central Plantation Crops Research Institute (CPCRI), Kasargod, which was already making moves to change the game in agribusiness in this coconut-rich district.

CPCRI’s agribusiness incubation centre is taking one giant step ahead from just mentoring and providing space -- the institute has set up a full-fledged unit to house the machinery needed to produce  desiccated coconut powder.  “Most of the incubation centres provide guidance and office space. We wanted to be different and of real help to the agribusiness entrepreneurs,” said Dr K Muralidharan, Principal Scientist, Head, Social Sciences. Now for a rent of `7,000 per month, Haris can start his business, he says.

CPCRI has also set up machinery to produce virgin coconut oil and coconut chips. Two entrepreneurs have signed up to use the facility. One of them has started production -- Vaiga virgin coconut oil and Vaiga hair oil -- from the centre.  The institute is planning to formally commission the incubator -- Business Planning and Development Unit -- on August 20.

In an earlier avatar, started last June, the incubation unit was providing technology, technical assistance and consultancy. “In that period, we have incubated 20 startups,” Muralidharan said.

That venture went into a coma after funding dried up. It was a World Bank fund initiative. “Then we thought of moving ahead and setting up a one-stop solution for agribusiness entrepreneurs,” said the head of the social sciences division. The institute restricted itself to three value-added products because of limited funding. The virgin coconut oil unit was set up at a cost nearly `10 lakh and coconut chips unit at a cost of `4 lakh.

Stay up to date on all the latest Kerala news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp