Today is the Foundation Day of chocolate cooperative CAMPCO and the proud team of current management of the cooperative behemoth led by its President, is celebrating the day with gusto.
An impressive function is being organized at its headquarters at Varanashi Towers in Mangalore. Eminent Senior Cooperator and Journalist Yerya Lakshminarayana Alva will be inaugurating the function and S.R.Satishchandra, President CAMPCO will be presiding over the function.
Set up 46 years ago the cooperative has grown from strength to strength. Today it is a multistate cooperative with activities spread in many states and covering several range of activities from arecanut to cocoa to pepper to rubber.
Founded by the Visionary Sri.Varanashi Subraya Bhat, CAMPCO achieved an all-time high record turnover of Rs.1880 crores in this financial year.
On its Foundation Day on 11th July, 2019 it has invited its first MD G.K.Sangameshwar, IAS (Rtd.) to deliver the Key Note address. Vedavyas Kamath, MLA Mangalore South and .V.V.Bhat, IAS (Rtd) will be the Guests of Honour.
A sudden marketing crisis in the price of arecanut in the year 1970-71, when its prices registered a marked fall and caused panic among growers, was the genesis for the setting up of this Co-operative venture.
With the active support extended by the State Governments of Karnataka and Kerala, the CAMPCO was registered in 1973 under the Karnataka Co-operative Societies Act and with sec.4(2)of the Multi State Co-operative Societies Act 1984.
Over six million people are engaged in arecanut cultivation, processing and trade in the states of Karnataka, Kerala and Assam and more than 85 percent of the area under cultivation is made up of small and marginal holdings
Through perseverant efforts of far sighted, dedicated and resourceful leaders, with the cooperation and assistance of equally dedicated growers under the guidance of the State Governments of Karnataka and Kerala, this institution took giant strides forward and has turned into a tower of strength to the areca growing community in the country.
The co-operative encouraged growers to take-up Cocoa cultivation as an inter crop in the latter half of the 70’s as a supplemental crop. This grew up to become a large scale operation with good results.
With a view to creating a permanent demand and a steady market for the beans, Campco established a Chocolate Manufacturing factory at Kemminje village in Puttur Taluk in Dakshina Kannada District adopting foreign technical collaboration in chocolate making.
Indian Cooperative expresses good wishes to Campco on its Foundation Day!