Overview

Coconut is no longer regarded as the food crop and source of edible oil that it once was. Today, it serves as a raw ingredient for a variety of medicinal, nutraceutical, and cosmetic goods.

Furthermore, demand for coconuts and related products at a global level is increasing day by day. According to projections, the worldwide market will increase from USD 11.60 billion in 2020 to USD 23.39 billion in 2027.

Over 1.94 million hectares of land in India is used to grow coconuts. In general, the four southern Indian states and Kerala produce 90% of India's coconuts, with these states also accounting for around 50% of the country's total coconut-growing land.

Hence, starting a coconut business in India is not difficult now.

Entrepreneurs need to have good knowledge of the market and join hands with the Coconut Board of India. This will help entrepreneurs increase their awareness. Otherwise, entrepreneurs may face several challenges and lack essential resources to run a coconut business in India. This will eventually lead to the downfall of businesses.

What is the Coconut Board of India?

The Coconut Development Board (CDB) or Coconut Board of India, a statutory body, was established by the Ministry of Agriculture and Farmers' Welfare of India to promote the development of coconut agriculture and the industry in India. It focuses on increasing productivity and diversifying the product range of coconuts.

The Board was established on January 12, 1981. It is presently under the administrative control of the Ministry of Agriculture and Farmers' Welfare. Its headquarters are in Kochi, Kerala, and there are regional offices in Guwahati, Assam; Chennai, Tamil Nadu; and Patna, Bihar.

The Coconut Board of India focuses only on coconut and its related products and provides RCMC registration for the benefit of coconut businesses and the Indian economy.

Functions of the Coconut Board of India

#1. Taking multiple measures to develop the coconut industry.

#2. Providing technical advice to the coconut industry and coconut cultivation workers.

#3. Financial and other support for the expansion of the coconut area.

#4. Encouragement of the adoption of modern technology for coconut processing and its products.

#5. Introducing Incentives for Coconut and its Products

#6. Recommendations for improving the marketing of coconut products

#7. Recommendations for the regulation of the import and export of coconut and its products.

#8. Standardisation of coconut products and grades

#9. Finance suitable schemes to increase coconut production and improve its yield and quality.

#10. Assisting in the promotion, encouragement, financing, and funding of technological, industrial, or economic research on coconuts and their products.

#11. Collecting statistics about coconuts and their products and publishing them.

#12. Public relations activities, including publishing periodicals and books on coconut and its products.

#13. Formulating and implementing various schemes for members having RCMC Registration with Coconut Board of India

How can registration under the Coconut Board of India benefit my business?

It is mandatory to claim export benefits.

RCMC(Registration Cum Membership Certificate) is a mandatory registration requirement as per the Foreign Trade Policy of India to claim any export benefit in India. Holding the certificate may also enable exporters to benefit from customs and excise perks.

It makes you compliant with the law.

An organisation or business that obtains this registration complies with all governmental regulations.

Registration with the Coconut Board of India helps in specific product research.
The offices of the Coconut Board of India have resources for conducting chemical analyses and other types of research. As a result, having a registration and membership certificate will allow you to do product research on your exclusive offering.

It aids in establishing global connections and gives you access to global community benefits.
The Coconut Board of India has international ties. Furthermore, it organises several trade fairs, thus allowing you to establish good relations with the international community.

Get Awareness through Online Journal Subscription from the Coconut Board of India
The Online Journal Subscription from the Coconut Board of India provides valuable information for domestic as well as international market opportunities. Subscribing to the Journal through Coconut Board RCMC registration will provide you with important information at the right time.

Gain the Financial Support
The Coconut Board of India also provides various financial support schemes to its members. Whether it’s marketing or business expansion, you can use quick and efficient financial support schemes.

Essentials to keep in mind while applying for Coconut Board RCMC Registration.

An exporter must declare their main business when applying for RCMC. Depending on the exporter's business, the Export Promotion Council must also issue the RCMC. The Coconut Development Board applies to anyone who runs a coconut business, and hence RCMC for Coconut Business must be obtained by submitting an application form to the Coconut Board of India.

A RCMC holder is de-registered by the registering authority(Coconut Board) for a specific period of time for not complying with the conditions of registration. The RCMC holder will receive a show cause notice from the registering authority. This will give them an opportunity to present a complaint against the proposed deregistration. It is imperative to be aware that all rules and regulations governing RCMC holders must be followed.

The validity of the Coconut Board RCMC Registration is two years.

A federation wishing to obtain RCMC Registration should have 20–25 CPS members and 100,000 palm-bearing trees.

Document Requirement for Coconut Board RCMC Registration

#1. Original copy of the certificate of Registration as Charitable Society

#2. A copy of the bye law and Memorandum of Association of the Federation.

#3. Minutes of the meeting which took the decision to register the Federation with the Coconut Development Board

#4. Self certified / attested copy of Partnership Deed / Memorandum & Articles of Association

#5. Details of all the member CPSs in the prescribed format (Annexure III) in case of a Federation.

#6. IEC Code

#7. Self Certified copy of PAN Card

#8. Details of Certification such as ISO Certification or US FDA Certification if applicable

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How can E-StartupIndia's team assist you?

Obtaining a Coconut Board RCMC Registration in India is a challenging task. As a result, at e-startupindia, we assist you by connecting with industry experts who make this procedure hassle-free for you. You no longer need to travel to the Coconut Board headquarters in India, prepare documentation, or even perform laborious chores like responding to objections or other concerns. You may leave all the burden associated with obtaining the necessary registrations, and certificates to our experienced professionals.

Our staff of highly qualified Chartered Accountants, Company Secretaries, and Lawyers uses cutting-edge technology to handle all of your important business necessities. You can ask any questions you may have regarding the RCMC Registration with the Coconut Board of India, and our knowledgeable experts are here to assist you always. You can contact us at: 8881-069 -069 or info@e-startupindia.com.