23rd May, 2003
Ministry of Small Scale Industries


SUBSTANTIAL GROWTH IN EXPORT OF COIR PRODUCTS


The export of coir and coir products has registered substantial growth during the first half of the year 2002-03. Upto September 2002, India exported 40,848 MTs of coir and coir products valued at Rs. 179.27 crores as against the target of Rs. 405 crores fixed for the year 2002-03. The export during the year 2001-02 was 71,334.81 MTs valued at Rs. 320.58 crores as against 67,493.08 MTs valued at Rs. 313.66 crores during the year 2000-01. The preference of natural and eco-friendly product has improved market for coir in the international market. If this trend continues, the target fixed for the export of coir and coir products for the year 2002-03 can be achieved.

An exploratory delegation led by Secretary, Ministry of SSI & ARI, Government of India and consisting of Chairman, Coir Board and exporters of coir visited Brazil, Chile, Panama and New York (USA) from 19th to 29th May, 2002. For supporting the industry market intelligence, studies are organised in India and abroad for assessing the market potential of coir and coir products and its competitiveness products.

 
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