India is the largest coconut-producing country in the world and accounted for about 31.45% of the world's total production during 2021-22, with a production of 19,247 million nuts. The crop contributes around Rs. 307,498 million (US$ 3.88 billion) to the country's gross domestic product (GDP).
Contribution to GDP and Employment: The coconut sector contributes approximately ₹9,000 crores to India's Gross Domestic Product (GDP) and provides employment to about 10 million people, encompassing cultivation, processing, and related industries.
Scientists also found that coconut extracts, particularly from the husk, showed antimicrobial properties and were effective against various bacteria, fungi, and viruses in lab tests. Coconut endocarp and virgin coconut oil also have high antioxidant activity, which is good for resisting harmful molecules in the body.