Expanding its arecanut marketing, the city-based Central Arecanut and Cocoa Marketing and Processing Cooperative Ltd. (Campco) has opened its an arecanut sales depot at Porbandar, Gujarat. Konkodi Padmanabha, President of the cooperative, inaugurated it on Sunday.
M. Suresh Bhandary, Managing Director of the cooperative, said it was the 10th arecanut sales depot of Campco in North India and first in Saurashtra region.
He said in the first year, the cooperative was expecting to sell about 5,000 quintals of arecanut in the depot. It was selling retail packets of 1 kg and large bags of 65 kg at wholesale price.
