By M.R. Subramani
The Hindu Business Line
22 May, 2011
Two and a half years ago, Mr Kumarasamy Reddiar of Vikaravandi village in Tamil Nadu’s Villupuram district decided to cultivate oil palm. He chose to replace paddy, casuarina and sugarcane and today, he gets 20 tonnes of fresh fruit bunch (FFB) of oil palm a year on the nine hectares.
â€śIf this is what he gets within four years, then in the coming years he can get a higher yield compared with productivity in Malaysia,â€ť says Mr R.R. Govindan, Vice-President, Godrej Agrovet Ltd, that helps him in cultivating the crop.
Godrej Agrovet buys the FFB from farmers such as Mr Kumarasamy and crushes them at Cauvery oil mill in Ariyalur, about 100 km away. Godrej has a majority stake in the mill owned by Cauvery Oil Palm that has been floated by Dr V. Krishnamurthy. Read the rest of this entry »