India’s Coir Exports Touched All-Time High in 2020/21 - MSME Board

The export of coir and coir products from India registered an all-time high of     3778.98 crore in 2020-21, registering an increase of 37 percent over exports in the previous fiscal, reports The Hindu BusinessLine recently. “Coir Board is focused to achieve     7000 crores of coir exports in a couple of years,” according to a statement issued by the Ministry of Micro, Small, and Medium Enterprises (MSME).  The Coir Board was set up under the Coir Industry Act, 1953 by the center for the overall sustainable development of coir industry.

Under the Prime Minister’s Employment Generation Program, coir units have been started in different States of the country. “Coir industry sustains more than 7 lakh coir workers, predominantly women, in different States of the country. It is estimated that around 80 percent of the work force in the industry are women and it plays a vital role in rural women empowerment. There are 1570 registered coir exporters in the country,” the statement added. 

New end use applications of coir like the use of coir geotextiles for preventing soil erosion, conversion of coir pith into a valuable bio-fertilizer and soil conditioner and coir garden articles have gained popularity in India and abroad. The growing affinity towards environment friendly products has helped coir and coir products in domestic as well as foreign market, the statement added.