Coconut production slipped in the country this season with a low output in the main producing region of Kerala.
Spices Board has obtained geographical indication tag for Malabar pepper, Alleppey and Coorg green cardamom along with Byadgi chilli.
The Centre’s refusal to grant environmental clearance to the 150 MW Athirappilly project has prompted the state to overlook hydel projects in future.
With the success of its Utsav brand of retirement resorts in northern parts of the country, Ashiana Housing Ltd is now taking the concept down south.
Cocoa imports to the country have shot up this year thanks to spiraling consumption and a shortfall in cocoa production.
Cocoa prices continue upward spiral with slump in prod in 2nd peak season of Oct-Nov.
Holiday packs to Maldives for Rs 5,500 per head a night cracks the price barrier.
Vanilla production in the country, which has been on the slide in the last few years, is set to drop further this year following fungus attack and the general disinterest shown by the farmers to maintain cultivation in the absence of remunerative prices.
Chocolate companies are under pressure to raise the product costs with cocoa bean prices showing no signs of letup. The prices of dry cocoa beans are ruling in the range of Rs 130 to 135 per kg in Kerala.
Arecanut prices have been hit by the escalating imports.
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