Economic analysis of investment evaluation of perennial crops production: A review

Presently in India (2014–15), coconut is grown in an area about 2933 7, 000 hectares and about 22147.6 million tonnes produced with a productivity of 8285 nuts per hectares Though the modern technologies are available for increasing the productivity in the country, it is still managed to a great extent by the same way it was managed earlier. Arecanut is an important commercial crop in India. Arecanut is the seed of the arecanut palm. It plays a prominent rote in the religious, social and cultural functions and economic life of people in India. The economic produce is the fruit called ‘betel nut’ and is used mainly for masticatory purpose. Presently in India [2014–15], arecanut is grown in about 31, 00, 000 hectares and about 3, 85, 000 million tonnes are produced with a productivity of 224.1 kgs per hectare. India is the highest producer of arecanut in the world. Arecanut is grown in the states of India are Andhra pradesh, Assam, Meghalaya, Tripura, Mizoram, Andaman and Nicobar Islands, Maharashtra, Goa, Karnataka, Kerala, Tamil Nadu, West Bengal and Pondicherry. The total production of arecanut in India is 138, 50, 000 million tonnes with an area of 51, 00, 000 hectares with productivity of 124.1 kgs per hectare. In case of area under arecanut in Karnataka ranks first with 13, 60, 000 hectares, Kerala ranks second with an area of 8, 80, 000 hectares, Assam ranks third With an area of 7, 33000 hectares, Meghalaya ranks fourth with an area of 11. 2′000 hectares, West Bengal ranks fifth with an area of 9. 3′000 hectares Tamil Nadu ranks sixth with an area of 4. 8′000 hectares, Andaman and Nicobar Islands ranks seventh with an area of 4. 4′000 hectares, Tripura ranks eight with an area of 3.4, 000 hectares, Maharashtra ranks ninth with an area of 2.2, 000 hectares, Goa ranks tenth with an area of 1. 6′000 hectares, Mizoram ranks eleventh with an area of 1. 3′000 hectares, Andhra Pradesh ranks twelfth with an area of 0. 1′000 hectares and Pondicherry ranks thirteenth with an area of 0.3, 000 hectares respectively.