Kudumbashree Mission took up Subicsha Coconut Producer Company. From now, Subicsha Coconut Producer Company would be working under the leadership of Kudumbashree Mission. Shri. T.P Ramakrishnan, Minister for Labour and Excise, Government of Kerala inaugurated the Annual General Body Meeting of Subicsha Coconut Producer Company at Subicsha Head Office, Chalikkara, Perambra, Kozhikode on 24 September 2018. Shri. S. Harikishore, Executive Director, Kudumbashree Mission made the official declaration of taking up the Subicsha Coconut Producer Company. Shri. T.P Ramakrishnan, Minister launched the ISO 9001-2015, ISO 22000-2005 certificates of the company and also the rebranded Subicsha Coconut Oil which would be exported to foreign countries soon.
Subicsha, the innovative Coconut based value added products venture, was developed jointly by Perambra Block Panchayath and Indian Institute of Management, Kozhikode, with an aim to provide employment opportunities to the members of 522 Self Help Groups/ Kudumbasree Members in Perambra Block Panchayath. The project envisaged the development of micro enterprises that could be effectively managed by the women self help groups / Kudumbasree members from Below Poverty Line (BPL) families active in the project area. All the micro enterprises were limited to the dependence on coconut, the most abundant resource available in the area. To create micro economic enterprises, to eradicate poverty, to generate employment opportunities for BPL families, to empower women self help groups by intensive training and financial assistance for starting self employment ventures were the main objectives of the project. The detailed project report submitted to the Govt, of India was duly approved with a special status under Swarnajayanti Gram Swarojgar Yojana (SGSY) scheme. The project was officially inaugurated on 31 October 2003. Subicsha was registered as a Producer Company under the companies Act 1956 on 12 April 2005, and Govt. of Kerala approved the company vide its order No. Go(MS) No. 258/06/LSGD TVM dated 13-11-06.
Presently, around 50 innovative coconut based products are developed and marketed by the Subicsha Coconut Producer Company. Virgin coconut oil, Tender Coconut Jam, Coconut Pickle, Natural Vinegar, Chutney Powder, Mango Pickle, Lemon Pickle, Turmeric Sandal Soap, Hair Care, Skin Care Oil, Baby Oil, Coconut Oil, Tender Coconut Squash, Dates Pickle, Traditional Virgin Coconut Oil, Hand Wash, Bathroom Cleaner, Floor Cleaner, Toilet Cleaner, Chilly Powder, Corriander Powder etc are the featured products of Subicsha Coconut Producer Company. Subicsha Coconut Producer Company has around 7000 members. Rs 4,93,08,302 was company's last year's turnover.