Performance of Orissa Co-operative Coir Corporation Ltd.

              Orissa Cooperative Coir Corporation Ltd. (OCCC Ltd.) previously named as Central Coir Marketing Cooperative Society was organised during the year 1980-81 with the main objective of marketing of finished products of the member primary co-op. societies through its sales outlets and by conducting/participating in different exhibitions, inside and outside the state for providing sustained employment to the rural artisans. Besides the above, it has the objective of procurement & supply of quality raw-materials, improved tools and equipments to its members, societies etc. at a reasonable price. For this purpose, the OCCC Ltd. has 3 sales outlets at Bhubaneswar, Berhampur and Angul.

            The OCCC Ltd. have set up two composite coir processing units at Birapratappur in Puri district and at Paradeep in Jagatsinghpur district for taking up production of coir fibre, curled coir and desiccated coconut powder with the financial assistance of National Cooperative Development Corporation (NCDC). The said units have since been closed after super cyclone.

            Besides the above, a rubberised coir plant is being set up by OCCC Ltd. at Chandaka Industrial Estate, Bhubaneswar with the financial assistance of NCDC & Coir Board for production of value added items like rubberised coir mattresses, pillows, cushions and other upholstery materials.

            To boost up marketing of coir products, the State Govt. has passed necessary resolution for exclusive purchase of coir products by the Govt. Department, Public Sector Undertakings, and Local Bodies etc. from OCCC Ltd.

Details about M/S OCCC Ltd.

i.          Membership - 35

ii.          Authorised share capital Rs.3.00 crores

iii.         Paid up share capital Rs.2,13,78,550/-

iv.         A class share Rs.2,13,75,000/-

v.         B class share Rs.3550/-

 

The turn over for the last 3 years as follows :

Year

Production (In Rs.)

Procurement (In Rs.)

Total Purchase (In Rs)

Sales (In Rs.)

1

2

3

4

5

1999-00

31,50,000/-

4,37,000/-

35,82,000/-

22,04,000/-

2000-01

14,50,750/-

18,60,272/-

33,11,022/-

37,20,500/-

2001-02

2,17,000/-

22,88,213/-

25,05,213/-

27,43,000/-