The story
The Government of Kerala established KERAFED in 1987 with the aim of assisting coconut farmers by procuring their produce and regulating marketing operations to address the price challenges they were facing
A production unit relating to the sector was created in 1991 to crush and market copra procured from the farmers at remunerative price to relieve the section of price crunch and to cater the edible oil requirement of the society by maintaining high quality standards.
During the financial year 2009–2010, KERAFED procured 24,500 metric tonnes of copra for its operations.
From Wikipedia’s article on KERAFED, shared under CC BY-SA 4.0.4