India’s coir exports is likely to grow by 20% to Rs 1,200 crore in the current fiscal as compare to Rs 1,000 crore last fiscal. This growth will be on account of growing demand from western markets like the US and Europe which accounts for about 72% of the country’s total coir exports.
Besides, exporters are also getting a good response from emerging markets like Africa and the UAE. During April-October 2013 period, the export of coir stood at over Rs 700 crore.
Products made out of coir include mats, carpets, matting tiles, yarn, bags, decorative items, jackets, umbrellas, coir jewellery.
