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Coir Board expects exports to exceed last year’s ₹1,630 cr in current fiscal

Related Keywords: coir exports in current fiscal, Coir sector, doubling export revenue in three years, enhance productivity, exceed the last years level, exploring Australian market, fetched export revenue, need to modernize the industry, penetrating into new overseas markets, recessionary trends in overseas markets, with value-added products

The coir sector has fetched an export revenue of ₹1,630 crore in the last fiscal against ₹1,476 crore achieved in the previous year despite recessionary trends in the overseas markets, it has not deterred coir exports from the country, as the sector continues to register a better performance in the last few consecutive years.

CP Radhakrishnan, the newly-appointed Chairman of the Coir Board said that it is expecting exports in the current fiscal to exceed the last year’s levels as it already crossed ₹1,382 crore as on January.

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