Home / Knowledge / News / Fibre / Kerala revival package for coir to boost fibre production
Kerala revival package for coir to boost fibre production
08
Feb '18
Kerala revival package for coir to boost fibre production
The revival package announced by Kerala finance minister TM Thomas Isaac in the state budget for the coir sector will boost coconut fibre production, create more jobs and help in attaining self sufficiency, according to Coirfed. Isaac in his budget speech conveyed government intention of implementing a second restructuring of the coir industry.

As the state is importing fibre from other states to meet its needs, the schemes announced will boost fibre production and coir, Coirfed managing director C Suresh Kumar said.

Rs 211 crore has been earmarked for the coir industry in the budget.
One thousand mills will be set up for transforming at least 200 crore coconut husk — a third of total coconut production in the state — into fibre.

Coirfed will procure the fibre from these mills and make available to the cooperative societies assuring a daily wage of Rs 600 to those working in these mills. Besides, 1,000 automatic spinning machines will be installed in the coir-spinning sector, according to a report in a top south Indian English-language daily.

Coir will be converted into geo-textiles. A marketing company will be set up with private partnership for the sale of coir products.

To transform the cooperative societies into modern factories, automatic looms, semi-automatic looms, tufting machines, needle felting machines and composite machines will be deployed.

A one-time settlement scheme will be implemented, after discussing with banks, for those coir cooperative societies that are facing crisis due to the loan arrears. (DS)

Fibre2Fashion News Desk – India


Must ReadView All

Courtesy: European Commission/European Union

Textiles | On 26th May 2018

EU set to negotiate FTAs with Australia & New Zealand

The European Union is all set to begin negotiations for free trade...

US bans import of cotton goods from Turkmenistan

Textiles | On 26th May 2018

US bans import of cotton goods from Turkmenistan

The US Customs and Border Protection (CBP) has issued a Withhold...

FPCCI prepares report on Pakistan's export issues

Textiles | On 26th May 2018

FPCCI prepares report on Pakistan's export issues

Federation of Pakistan Chambers of Commerce and Industry (FPCCI)’s...

Interviews View All

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Mala Alwani

<div>Delhi-based fast fashion womenswear brand, Besiva, aims to bridge the ...

Apurva Kothari

No Nasties was the first fashion brand in India to make 100 per cent...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


May 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search