India's coir exports register all-time high in 2019-20

Exports of coir pith, tufted mats, coir geo-textiles, coir rugs and carpets, coir other sorts, coir rope and powerloom mats registered growth both in terms of quantity and value. On the other hand, exports of products like handloom mats, coir yarn, rubberised coir and powerloom matting showed decline in terms of quantity and increase in terms of value, the ministry of MSME said in a statement.

Coir pith with export earnings of ₹1349.63 crore constituted 49 per cent of the total export of coir products from the country, while coir fibre with an export of ₹498.43 crore constituted 18 per cent of the total coir exports.

The value-added items put together constituted 33 per cent of the total exports. Tufted mats topped among the value-added products constituting 20 per cent in value.

"The export of coir and coir products never showed decrease during the period, which shows there is no chance for the coir entrepreneur to worry about the business. The domestic market for coir and coir products also shows an increasing trend," the statement said.

Coir exports were majorly made through Tuticorin, Cochin and Chennai ports.

Fibre2Fashion News Desk (RKS)