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  Published Paper Details:

  Paper Title

AN ECONOMIC ANALYSIS OF PROSPECTS AND CHALLENGES OF COIR INDUSTRY

  Authors

  Banuprakash. K. A.

  Keywords

Coir, Employment creation, Export potential, Value added product, Rural areas.

  Abstract


Coir industry is an important agro-based, employment-oriented traditional cottage industry in India. India is a largest coir producer in the world accounting for more than 80% of the total world production of coir fiber. Kerala and Karnataka are the largest producer of coir and coir products in India. Coir Industry is an export and employment oriented industry, which originated in Kerala and is spreading to other coconut growing states of India. The value addition in products has been focused on the demands of export market. The future of coir industry depends on non-conventional products. The major problem that the coir industry faces today is lack of awareness of the production of value added products. Therefore the need of the hour is to create awareness and provide training, guidance and encourage the manufacturer to produce value added products out of Coir. This sector plays a vital role in employment generation and economic development. Coir sector is very diverse and dynamic in its nature. It involves households, co-operatives, NGO, Manufacturers and exporters. The private coir manufacturer is the major contributors to the export of the coir and coir products. Export of coir trade is dominated by private manufacturers, who have contributed 90% of coir exports and co-operatives and such government companies contributes to the remaining 10%. Coir industry provides employment opportunities and generates income to the people particularly in rural areas and thereby promotes country�s economy. It is a labour intensive industry which provides employment to more than 7,00,000 persons (as on 31st March 2017, Annual report of Coir Board) of whom majority are from rural areas belonging to the economically very weaker sections of the society. In India, 8% of the coir and coir products are exported to foreign countries and remaining 92% is domestically consumed.

  IJCRT's Publication Details

  Unique Identification Number - IJCRT1133451

  Paper ID - 197246

  Page Number(s) - 17-23

  Pubished in - Volume 7 | Issue 4 | December 2019

  DOI (Digital Object Identifier) -   

  Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882

  E-ISSN Number - 2320-2882

  Cite this article

  Banuprakash. K. A.,   "AN ECONOMIC ANALYSIS OF PROSPECTS AND CHALLENGES OF COIR INDUSTRY", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.7, Issue 4, pp.17-23, December 2019, Available at :http://www.ijcrt.org/papers/IJCRT1133451.pdf

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ISSN: 2320-2882
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ISSN and 7.97 Impact Factor Details


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ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
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