Interviews
Coir exports surpass target
25 May '11
1 min read
India's increased coir shipments to China have helped it to surpass its fiscal 2010-11 target of Rs. 8 billion. The year saw increase in exports to China, especially of coir fibre which is used for industrial purpose.
The country exported coir worth Rs. 8.07 billion during 2010-11, a little higher than Rs. 8.04 billion achieved in 2009-10.
Coir exports have exceeded the target for the second consecutive year as the target set for 2009-10 at Rs. 7 billion, too was achieved.
In 2010-11, the dip in the exports to the US, India's biggest market for coir, was offset by increased shipments to China. However, the US still remains the biggest market for Indian coir as it accounts for about one-fifth of the total coir export.
India is one of the major coir producers in the world and its coir is exported to over 100 countries. Along with Sri Lanka, it accounts for around 90 percent of the total global coir production estimated to be around 350,000 tonnes.
The country exported coir worth Rs. 8.07 billion during 2010-11, a little higher than Rs. 8.04 billion achieved in 2009-10.
Coir exports have exceeded the target for the second consecutive year as the target set for 2009-10 at Rs. 7 billion, too was achieved.
In 2010-11, the dip in the exports to the US, India's biggest market for coir, was offset by increased shipments to China. However, the US still remains the biggest market for Indian coir as it accounts for about one-fifth of the total coir export.
India is one of the major coir producers in the world and its coir is exported to over 100 countries. Along with Sri Lanka, it accounts for around 90 percent of the total global coir production estimated to be around 350,000 tonnes.
Fibre2fashion News Desk - India
Popular News
Leave your Comments
Therese Premler-Andersson
Textile Machinery Association of Sweden (TMAS)
Dr. Michael Duetsch & Man Woo Lee
UPM Biochemicals and Dongsung Chemical
Sharif Tarequr Rahman
Rashni Poly Fiber Industries Ltd.
Susanne Guldager
Label - La Femme Rousse
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
