COIR INDUSTRY OF INDIA

Sept. 28, 2021

Union Minister for MSME Narayan Rane has called for developing Coir Industry in Konkan, North and North-Eastern region of the country and expand the market network. Konkan region has great opportunities for development of Coir Industry, as its coastal areas have good coconut crop.

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Union Minister for MSME Narayan Rane informed that India contributes 70% of the global production of Coir and 80% of the world trade in Coir products.
Coir industry provides employment to more than 7.3 lakh people in rural areas, 80% of which are women
Acceptability of Coir products has increased rapidly due to its 'environment friendly' image. During the year 2020-21, the export of coir and coir products reached the level of Rs 3778.97 crore, with a growth rate of 17% in quantity and 37% in value, despite COVID adversities.

Source : PIB