Coir exports grow by 20 percent during April-February 2011-12 | SupportBiz

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Coir exports grow by 20 percent during April-February 2011-12

 
Estimates by the Coir Board of India indicate that the country’s exports of coir and related prouducts have surged by 20 percent during April-February 2011-12. These figures include ropes, mattresses, rugs and carpets.

The Hindu Business Line reports that exports from April 2011 to February 2012 have been noted at 3.35 lakh tonnes, valued at INR771.08 crore. Exports during the corresponding period in the last year were recorded at 2.80 lakh tonnes, worth INR716.20 crore.

The value of the exports has shown a rise of eight percent.

The export figure is estimated to be around INR1,000 crore for the financial year 2011-12.

The US is the largest market of India’s coir and related products. The UK, Germany, Netherlands, Italy, Australia, France, Canada, Japan, Greece and UAE are some of the other major markets.

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