Mangalore, April 16: Central Areca-nut and Cocoa Marketing and Processing Co-operative (CAMPCO) Limited will be inking a pact with MP State Cooperative Dairy Federation to market their chocolates at 398 milk parlours of the Federation in Madhya Pradesh.
Addressing a press meet here on Monday, CAMPCO President Konkodi Padmanabha said that the MoU will be signed in the presence of Karnataka Chief Minister D V Sadananda Gowda and Madhya Pradesh Chief Minister Shivraj Singh Chouhan inMadhya Pradesh in June.
MP State Cooperative Dairy Federation Ltd President Subhash Mandge said that as per the agreement, Campco chocolates will be sold in 398 milk parlours across the state. “We want all the cooperatives to come together on the theme cooperation between cooperatives,” he said
Padmanabha said Campco has already entered into tie-up with Milma of Kerala and Nandini of Karnataka, to sell Campco chocolates in their parlours.
“We will soon hold talks with Bihar's co-op named 'Sudha' for selling Campco chocolates in Bihar. After entering tie up with 'Sudha,' we will look for tie up with Saras of Rajasthan, he added.
He said during 2011-12, the production of chocolates has crossed 16,000 metric tonne. The Campco had a business transaction of Rs 160 crore worth chocolates during the period.
We have exported Campco chocolates worth Rs 500 lakh to Nepal and semi finished chocolates worth Rs 360 lakh to African countries during 2011-12. Now efforts are on to export Campco chocolate to Bangladesh, Bhutan, Srilanka and Pakistan, he said
Managing Director M Suresh Bhandary said that Campco chocolate factory will produce health drink for Himalaya Drug Company soon. We have already entered tie up. The health drink will be a cocoa based product with Ayurvedic ingredients in it. The health drink will be for the children, Bhandary informed
The Campco President said that the Campco chocolate factory will be upgraded at an estimated cost of Rs 21 crore. From July, the factory requirement will be increased, he added. The production capacity of the factory is 18,000 tonne per annum, he said adding that windmills have already been set up at Hoovinahadagali and Chikkodi and power requirement of the chocolate factory is produced through this. “We are not dependent on Mescom or KPTCL for electricity”, he added.
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