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India emerging market for cocoa
image for illustrative purpose
Abidjan: India, an emerging market for consumption of cocoa, should become a member of the International Cocoa Organization (ICCO) in a bid to take part in the policy dialogue, ICCO Executive Director Michel Arrion said. Currently, India annually produces only 27,000 tonnes of cocoa, used largely in the manufacturing of chocolates, and imports about 1 lakh tonnes worth of cocoa-based products like butter. Speaking to PTI, the ICCO Executive Director said, “Production of cocoa in India is very low.