Export of coir and coir products increasee in first quarter

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Kochi, July 29 (UNI) The export of coir and coir products during April to June 2008 as per the provisional figures amounted to 45,038 tonnes valued at Rs 12,963.90 lakhs.

The export has registered an increase of 3,272 metric tonnes at 7.83 per cent in terms of quantity and an increase of Rs 253.30 lakhs at 1.99 per cent in terms of value over the actual export of 41,766 metric tonnes valued at Rs 12,710.60 lakhs during the corresponding period, accordign to an official release here today.

During the period, the export of the semi-finished item of coir yarn had recorded a decrease of 17 per cent in quantity and a decrease of 21 per cent in terms of value, as against the previous year.

Coir Board Chairman A C Jose said '' In the first quarter of 2008-09, Coir export successfully continued to build a strong momentum. The performance gives us confidence, that we are on the right track. Even though the rupee appreciation prevails we could manage to sustain an attractive growth rate, and export of Coir shows a very promising development in the Coir Sector of the country.'' UNI MA KKS AKM 1804

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