India’s Rising Coir Export Trends: The Role of Coir Board in Expansion
India’s coir industry has witnessed a significant surge in export activities over the past few years, establishing the country as a dominant player in the global coir market. This growth trajectory is not only a testament to the quality and versatility of Indian coir products but also highlights the pivotal role played by the Coir Board in promoting and facilitating this expansion.
Statistical Insights into India’s Coir Export Growth
In the fiscal year 2019-20, India exported a total of 988,996 metric tonnes of coir and coir products, valued at ₹2,757.90 crores. This marked a substantial increase from previous years, underscoring the rising global demand for eco-friendly and sustainable products.
The upward trend continued, and by 2020-21, the export value of coir products reached an unprecedented growth rate of 37% in terms of value—the highest ever recorded in the sector. This remarkable achievement reflects the industry’s resilience and adaptability in meeting international standards and consumer preferences.
India’s coir products have found markets in numerous countries, with significant exports to the USA, UK, Germany, Netherlands, and others. The global trade volume for coir fiber and value-added products such as yarn, mats, and rugs now stands at about $140 million per year, with India and Sri Lanka being the primary exporters.
The Coir Board’s Role in Export Expansion
The Coir Board of India has been instrumental in driving the growth of coir exports through various initiatives and schemes aimed at promoting coir products globally. One of the key programs is the Export Market Promotion Scheme, which focuses on enhancing the visibility and competitiveness of Indian coir products in the international market.
Under this scheme, the Coir Board organizes participation in international trade fairs, buyer-seller meets, and specialized exhibitions, providing a platform for Indian exporters to showcase their products to a global audience. These efforts have been pivotal in establishing new market linkages and strengthening existing ones.
Additionally, the Coir Board conducts market studies and research to identify emerging trends and consumer preferences, enabling exporters to tailor their products accordingly. Training programs and workshops are also organized to educate manufacturers and exporters on quality standards, packaging requirements, and export documentation, ensuring compliance with international norms.
Altus Exports: Facilitating Global Reach for Indian Manufacturers
As Indian coir manufacturers look to expand their footprint in the global market, partnering with experienced export facilitators becomes crucial. Altus Exports stands out as a reliable partner in this endeavor, offering comprehensive solutions to manufacturers aiming to export their products internationally.
Altus Exports provides a range of services, including quality assurance, extensive networking, customer-centric approaches, sustainable practices, competitive pricing, and global reach. Their rigorous quality control processes ensure that products meet the highest international standards, enhancing their acceptance in foreign markets.
With a robust network of trusted suppliers, manufacturers, and artisans across India, Altus Exports offers a diverse range of products and swift response times to meet the specific needs of global clients. Their customer-centric approach ensures that they work closely with manufacturers to understand their requirements and provide tailored solutions, facilitating a seamless export experience.
Altus Exports is committed to eco-friendly and ethical business practices, supporting fair trade and ethical labor standards. Their efficient supply chain management enables them to offer high-quality products at competitive prices, delivering exceptional value to clients.
For Indian coir manufacturers seeking to navigate the complexities of international trade, partnering with Altus Exports can be a strategic move. By leveraging their expertise and resources, manufacturers can effectively reach new markets and scale their businesses globally.
To explore partnership opportunities with Altus Exports, manufacturers can visit their Manufacturer Partnership page for more information.
Conclusion
India’s coir export sector is on an impressive growth trajectory, driven by increasing global demand for sustainable products and the proactive initiatives of the Coir Board. By collaborating with experienced export partners like Altus Exports, Indian manufacturers can capitalize on this momentum, ensuring their products reach a wider international audience and contribute to the continued success of the coir industry.