Pollachi: Export of coir fibre and coir pith has crossed the Rs. 100 crore mark during the recently concluded fiscal.
According to M. Mahesh Kumar, vice-president of the All India Coir Exporters’ Association, the potential is being tapped only in Tamil Nadu to a considerable extent and of the 70 exporters, more than 45 of them were in Pollachi region. Till 1996, coir pith used to be dumped as waste and burnt at many places in and around Pollachi.
The coir pith after processing was turned into bricks and were exported to European Union, United States of America, Israel and Germany. These used to be mixed in soil for enhancing agricultural productivity. This led to generation of wealth from waste. The export of coir pith in the last fiscal had crossed Rs. 80 crore mark while the coir fibre export crossed Rs. 23 crore, thus, netting a total revenue of Rs. 100 crore.
The demand for coir pith continued to be on the rise and the local industries were also gearing up for meeting the demand either through capacity augmentation or by roping in new players into this segment.