Abstract: Coir Industry is basically a cottage industry, which now enhanced with the support of Coir Board. Now there is a drastic change in the industry which leads to unique pattern designs with modern technologies. Thus helps with greater export in terms of Volume and also increase in Value of Export. Merely Coir industry export starts with exporting fiber and yarn but now it has been extended to different value added products. The major reason of its success depends upon the skill of artisans of Coir industry who are been trained for and been in the industry from the beginning of the era. The Coir board carried many research surveys to encourage new Coir establishment and thus provide practical training to the export weavers. The Coir board also made its publicity through mass media and exhibitions both in India and abroad. The emerging Coir Companies also taken measures to promote the sector by adopting changes in improving quality and enhance wide range of different products such as mats, pillows, carpets/rugs, mattress, geotextile products, horticulture products etc. using Coir. Another study made on market size of Coir Industry declared that the global Coir market size is projected to grow at CAGR of 10% during the forecast period 2018 to 2028. Thus the study is based on selected 5 export companies who has a strong foundation in the industry and adapted various modern technologies to produce value added products with Coir. The trend in selected companies has been analysed using selected Financial Variables suitable with the available secondary data.
Keywords: Production, Export, trend value.
Title: A study on Growth of selected Coir Companies in India
Author: Dr.P.Saminathan, Mrs.G.Sri Sakthi Nayaki
International Journal of Thesis Projects and Dissertations (IJTPD)
Vol. 10, Issue 4, October 2022 - December 2022
Page No: 33-40
Research Publish Journals
Website: www.researchpublish.com
Published Date: 14-October-2022
