Sri Lanka, April 20 -- The Coconut Development Authority (CDA), the apex body responsible for the development of the coconut industry aims at doubling the revenue from coconut exports this year according to a top official of the CDA.
"We have the potential, ability and skills to double the income from coconut and king coconut exports for which we have launched a program to revitalise the industry," CDA Chairman Shantha Ranathunga told the 'King Coconut Exporters Forum' in Colombo last week.
The forum was held on the theme "Golden Drops to the World: Empowering King Coconut Export Excellence."
Revenue from coconut exports last year was USD 854 million and income from king coconuts was USD 8 million despite a sharp drop in yields.
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