THIRUVANANTHAPURAM: The National Coir Research & Management Institute (NCRMI) won its first patent from the Government of ...

P Mahadevan, Coir Board member representing exporters, told BusinessLine that the rise in exports of coir pith has emerged as a new trend in the last five years, both in volume and value.

According to market estimates, the coir market is expected to expand at a compound annual growth rate (CAGR) of 4.6%, with revenue expected to rise from US$ 625.46 million in 2024 to approximately ...

Of this, coir fibre exports were worth ₹628 crore and coir pith exports were for ₹ 1,919 crore. The top markets for Indian coir are the U.S. and China.

The coir pith, one kilogram of which can absorb 10 kg of water, comes in handy here. Earlier, we had experimented with holes-ridden cement bags, because aeration is needed for processing waste.

Of the 106,000 tonnes of coir and coir products, worth Rs340 crore exported during April-October, coir pith accounted for as much as 44,471 tonnes, worth Rs34.4 crore.

While the price of a ton of coir pith was in between Rs 14,000 and Rs 15,000, post Gaja, it has gone up to Rs 17,500, which is an all time-high, said S Mahesh Kumar, president of the coir Pith ...

A rough thumb rule in the industry is that Rs 3,000 worth coconut fibre would yield coir pith worth Rs 2,000. India had exported 9,57,045 metric tonne of coir products worth Rs 2,281.65 crore to ...