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Coir exports witnesses stiff competition from mechanized products

Related Keywords: Coir pith is the top performer in terms of volume, declined as coir is witnessing stiff competition, export of items like curled coir, India is the largest exporter of coir products, other mechanised products like PVC tufted mats, Period under review, powerloom matting and handloom matting, rubberised coir, US tops list of countries in value

During the period under review export of items like curled coir, rubberised coir, powerloom matting and handloom matting have declined as coir is witnessing stiff competition from other mechanised products like PVC tufted mats.

India is the largest exporter of coir products such as mats, matting and rugs in the world. Coir exports during the last financial year recorded a 17% increase in value to touch Rs 1,901.62 crore, largely due to higher exports of coir pith.

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