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Coir export surges ahead - breaks all time record

   
Date : July 13, 2011
Number of Views : 451

 
Coir and geotextile industry has achieved new heights this year when export of coir and coir products from India has touched an all time high of 321,016 MT valued at Rs 807.07 crore during 2010-2011.

As per Coir Board India - there has been an increase of 9% in quantity and a marginal increase of 0.4% in terms of value over the export achieved during the previous year. During 2009-2010, the export of coir and coir products was to the tune of 294,508.05 tonne, valued at Rs 804.05 crore.

Export during the year under review has surpassed the target of Rs 800 crore fixed by the Union Ministry of Micro Small and Medium Enterprises. As per industry sources, though the achievement in terms of value is marginal, it is quite significant considering the setback faced by the industry during the previous year mainly on account of scarcity of raw materials and manpower shortages.

During the fiscal ending march 2011, export of coir fibre, coir rugs and carpet, curled Coir and coir pith showed an increase both in terms of quantity and value as compared to the previous year.

However, handloom mats, powerloom mat, tufted mat, handloom matting, powerloom matting, coir geo-textile, coir rope and rubberised coir registered a decline both in terms of quantity and value as compared to the corresponding period of the previous year. There has been an increase in number of importing nations from 108 to 111, with the United States continuing to be the major importer of coir and coir products in terms of value.

 
News Category: Coir / Sisal / Hemp
Carpets, Rugs, Durries
Home Furnishing Textile and Made-Ups

News Type : Market News

 
 
 
 

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