Coir Kerala Buyer-Seller meet sees business worth over Rs. 200 crore

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Alappuzha: The buyer-seller meet held as part of Coir Kerala 2015 is expected to generate business deals and export orders worth more than Rs 200 crore. The meet, held every year at the trade expo, facilitates one-to-one interactions between buyers and producers of natural fibre products.

Minister for Industry & IT, Shri P K Kunhalikutty, who inaugurated the programme, described Coir Kerala as a ‘unique event’ to bolster Kerala’s largest cottage industry that provides livelihood for tens of thousands of people.

“The one-to-one interactions over the past several years have helped the coir sector in its growth. Being a sector that supports large number of small and medium enterprises, the buyer-seller meet will help them in reaching out to global markets”, he added.

Apart from private manufacturers, the meet had the participation of government undertakings such as  Foam Mattings India and Coir Board, as well as a number of cooperatives.

In his presidential address, Minister for Revenue & Coir, Shri Adoor Prakash said that the buyer-seller meet is the most crucial interaction of the international trade event. The participation of buyers and exhibitors has been increasing every year, indicating the relevance of Kerala coir and coir products in world markets.

G S Badmus, a representative of Kamgol Nigeria Limited, said she expected some good deals from the interaction and praised Coir Kerala as a platform to explore business opportunities. She also suggested that the coir sector in India concentrate on raising the quality of products in order to compete with other global producers.

In his fourth consecutive year at the buyer seller meet, Raj Maharaj, Director of South African company Cordispex, which has been importing through the Coir Board, said they are planning to finalise a very large order for coir products this time. He also said that the Kerala coir products are in great demand in South Africa.

Nazir Keshavji, General Manger of Canada-based Foot Luze Designer, which regularly imports from Kerala, said it was his first time at Coir Kerala. “I am here to explore that possibility of widening our business interests here”.

The fifth edition of Coir Kerala, the annual International exhibition on coir and other natural fiber products, conclude on February 05.

Kerala Biz News

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