Export revenue from coir goods increase by 20%

03 Jun '10

2 min read

As compared to the first quarter of last year, the overall export revenue generated from finished coir goods, during the corresponding period, this year, has amplified by 20 percent.

Due to dearth of adequate facilities for maintenance, the complete coconut industry was on the verge of closure, therefore, recording a considerable earning via coir-based goods exports is important for the industry, informed, Plantation Industries Minister, Mahinda Samarasinghe.

Coir fibre, handloom mats, brushes, rugs, carpets, matting and other coir-based backdrop goods witnessed significant improvement in their overseas sales. Plans are currently being formulated to convert the industry into a state-of-the-art industry.

In order to encourage coir and coir-based goods manufacturing in the Naththandiya region, the Coconut Development Authority started a new project. Since, this project has received success in this region; the body will slowly launch the same in other areas too.

According to Samarasinghe, latest technology is the need of the hour, so as to improve the industry and result in higher production, good quality goods and enhanced income for both the employer and employee.

More amount of research needs to be conducted, to help launch more value-added goods, especially keeping in mind concerns for environment. This might provide newer chances for further improving the industry, while creating more revenue generating pathways, concluded Samarasinghe.

Fibre2Fashion News Desk - India