Coir Kerala 2013 gets business worth Rs. 200 crores

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Alappuzha: Business deals worth Rs.200 crores are expected to have taken place at Coir Kerala 2013, the week long annual expo on Kerala coir and natural fibre products which concluded here yesterday. Minister for Coir, Shri Adoor Prakash said that the event elicited a far bigger response from coir workers, manufacturers, exporters and the general public than the previous two editions.

Addressing a press conference on the closing day of the Coir Kerala 2013, the Minister said, “The exact volume of transactions is only being assessed, but based on discussions with exhibitors at the International Pavilion and the contracts and MoUs signed at the Buyer-Seller meet, there are indications that this figure will be even higher.”

Kerala State Coir Corporation has secured an order worth Rs.1.76 crore from Brazil. Kuthiyathodu Mats and Mattings Society, based in Alappuzha, has signed a contract with UK based buyers to ship a container load of coir products this month. A number of other businesses have similarly secured export orders. Three coir PSUs have managed to increase their revenues from exports from Rs.78 lakh to Rs.4.5 crore in one year.

The International Pavilion at Coir Kerala 2013 had 82 stalls, including four exhibits by cooperative societies. The National Pavilion featured 125 stalls out of which 14 were of various cooperative societies. The event was attended by 165 delegates from 70 countries. The Buyer-Seller meet had 250 participants from India and abroad.

This year’s event also showcased a number of innovative products demonstrating the diversity and possibilities of coir. The seminars held as part of the event are expected to help projects for diversification and technology upgradation.

Small societies and cooperatives working in the sector too took advantage of the opportunity they otherwise would not have got to interact directly with overseas buyers. Many of them managed to secure massive export orders this way, the Minister said. He also added that the State government will develop new projects involving the participation of students and engineers to develop innovative value added products using coir.

Secretary (Coir), Rani George IAS; Coir Development Director, Dr. K Madanan; NCRMI Director, Dr. Anil K R and Coir Corporation Chairman, K R Rajendra Prasad were among those present for the press conference.

Kerala Biz News

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