Ummid Assistant

Applications open for Manmohan scholarship at Cambridge

Opportunities for Indian students in US

Welcome Guest! You are here: Home » Business & Economy

Kerala targets doubling coir exports in 5 years

Friday January 18, 2013 04:03:57 PM, Gyanendra Kumar Keshri, IANS

New Delhi: Kerala, which supplies nearly 99 percent of India's finished coir products, hopes to more than double its exports to over Rs.2500 crore ($450 million) in five years from Rs.1,084 crore ($197 million) in 2011-12, Revenue and Coir Minister Adoor Prakash has said.

He said strong demand in Latin America and African countries would lead the growth in exports.

"We have registered impressive growth in exports in recent years. They increased from Rs.807 crore ($147 million) in 2010-11 to Rs.1,084 crore ($197 million) in 2011-12. Our target is to increase it to Rs.2,500 crore ($454 million) by 2016-17," Prakash told IANS in an interview.

Almost 40 percent of coir exported from Kerala goes to the United States. Demand is however stagnating in the US and Europe.

"The US and Europe will remain important markets, but major growth will come from Latin America and Africa," Prakash said.

"Our products are being used in almost all countries in the world. Last year we exported to 129 countries. Everywhere the demand is likely to grow," he said.

Coir, a natural fibre extracted from the husk of coconut, touches almost every facet of human life - from doormats to rugs, brushes, coir mattresses, tufted carpets, garden articles and wood substitutes to geo-textiles.

Coir fibres are found between the hard internal shell and the outer coat of coconuts.

Prakash said the state government had been laying emphasis on development of new products. It had set up the National Coir Research and Management Institute (NCRMI) to encourage research and development in the industry.

"Our target is to develop a new product almost every month. This will help further popularise the use of coir and boost exports," said Anil K.R., director of Thiruvananthapuram-based NCRMI.

He said the government has taken the initiative to explore the potential of using coir in new areas like acoustics, interior decoration and the fashion industry.

The institute has already developed a number of new applications for coir, using coir logs to prevent erosion of river banks and coir mattresses with therapeutic uses.

Prakash said the state government would target to double domestic supply of coir also.

"Our target is to increase the revenue from domestic sales to Rs.5,000 crore ($909 million) in the next five years from Rs.2,500 crore ($454 million) in the last financial year," he said.

The state government is also organising a six-day Coir Kerala 2013 from Feb 1 to popularise the use of coir products in India and overseas markets. The third edition of the annual event will be held at Alappuzha, some 250 km from here.

Prakash, who was in the national capital to promote the event, said businesspersons and entrepreneurs from 60 countries are likely to attend this year's event.

"We are expecting export orders of nearly Rs.200 crore ($36 million) during this year's event" he said.

Last year's event saw the participation of 35 countries and export orders of $18 million were generated.

(Gyanendra Kumar Keshri can be contacted at






Home | Top of the Page


Note: By posting your comments here you agree to the terms and conditions of

Comments powered by DISQUS



More Headlines

Lucknow sectarian clashes continue for second day, Ex BSP MP booked

34 hostages, 15 kidnappers killed in Algeria raid

Trinamool's Arabul held for attack on CPI-M's Rezzak

Ukraine students design bed-making robot

Cabinet recommends president's rule in Jharkhand

SC stops Gujarat court from ruling on Gulberg carnage closure report

An Eiffel Tower of roses in Bangalore

Chautala's fallout: Haryana teachers' fate uncertain

Four arrested for Lucknow violence

Diesel prices partially deregulated

Pakistan's anti-corruption agency refuses to arrest PM

Govt raises LPG subsidy cap from 6 to 9 cylinders


Top Stories

SC stops Gujarat court from ruling on Gulberg carnage closure report

The Supreme Court Thursday asked an Ahmedabad court not to pronounce its orders on the closure report filed by the Special Investigation Team (SIT) into the allegations of inaction by Chief Minister Narendra Modi and senior state officials in the Gulberg Society carnage during the 2002 riots.   »

Ehsan Jafri's widow breaks down as she recalls Gulberg Society carnage

SC lifts stay on Gujarat riot cases, bar Gulberg society


  Most Read

Diesel prices partially deregulated

"Oil marketing companies have been given the freedom to make small corrections from time-to-time," Finance Minister P. Chidambaram told reporters after a cabinet meeting chaired by Prime Minister Manmohan  »

Lucknow sectarian clashes continue for second day, former BSP MP booked

Sectarian clashes erupted again in the old city areas Thursday during the funeral procession of a youth killed in Wednesday's violence, police said. A former BSP MP and others were booked for their role in the violence. Soon after the body of Shanu was  »

Four arrested for Lucknow violence

Shia, Sunni clash in Lucknow leaves one dead, many injured


  News Pick

Pakistan's anti-corruption agency refuses to arrest PM

The Supreme Court ordered the National Accountability Bureau (NAB) Tuesday to arrest Ashraf and 15 others within 24 hours in a case involving private power stations built to provide electricity to  »

Indian, Pakistani forces agree to maintain border peace

"The DGMOs (Director General of Military Operations) of India and Pakistan had a 10 minute talk in the morning and agreed not to violate the ceasefire and exercise maximum   »

No business as usual with Pakistan after soldiers' killing: PM

There is 'no war, no peace' situation on LoC: Indian Army

India as world super power impossible without Muslims: Jaiswal

Says, it would be a pipe dream if Muslims not brought into the mainstream; every paisa in 12th plan will be monitored, says Fazlur Rahim Mujaddidi

The concerted and sustained campaign to get allocated substantial increase in the funds in the 12th Five-Year-Plan   »

Over 80 killed in Aleppo University blasts

Two explosions have struck Aleppo University in northern Syria, killing more than 80 people, official sources and opposition activists said. There were  »


Picture of the Day

President Pranab Mukherjee, Union Minister for Communications and Information Technology Kapil Sibal, Union Minister for Minority Affairs K. Rahman Khan and other dignitaries at the release of the Commemorative Postage Stamp on Shaikhul Hind’s “Silk Letter Movement” & 60th Session of Shaikhul Hind’s Silk Letter Movement Centenary, in New Delhi on January 11, 2013.


Recommend the story to your friends



RSS  |  Contact us


| Quick links



Subscribe to

Ummid Assistant



Science & Technology



About us




Government Schemes










Contact us


The Funny Side

Education & Career

    Disclaimer | Terms of Use | Advertise with us | Link Exchange is part of the Awaz Multimedia & Publications providing World News, News Analysis and Feature Articles on Education, Health. Politics, Technology, Sports, Entertainment, Industry etc. The articles or the views displayed on this website are for public information and in no way describe the editorial views. The users are entitled to use this site subject to the terms and conditions mentioned.

© 2012 Awaz Multimedia & Publications. All rights reserved.