New Delhi: World's top cocoa producer Ivory Coast is strategizing to reduce its reliance on Europe and bolster its cocoa industry. India, though not a major cocoa producer, is a key player in this plan, primarily importing beans to meet domestic demand, Moneycontrol reported.
At present, the African nation sells cocoa to the large chocolate companies of Europe and the US through middlemen, which deprives its farmers of fair earnings. The country is now looking to sell cocoa and products made from it directly to India.
Côte d Ivoire asks India to source cocoa directly from it - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.