Growth And Development Of Coir Industry In India

Abstract

Apart from the various sectors in India, Coir sector is also an important sector which contributing to the Indian Economy. Coir industry is playing a pivotal role towards the development of the Indian Economy. Coir sector is providing good employment opportunities and concentrating to rural development. In India illiterates and back word people are more and particularly in rural areas. The important factor to develop the rural areas, education and employment are very much essential for the improvement of the living conditions as well as good habits and living styles. Coir board has implemented some schemes like Coir Udyami Yojana, Coir Vikas Yojana and Mahila Coir Yojana for the promoting and improvement of coir industry in India. Though there is a remarkable performance of coir sector in spite of the severe global competition, some obstacles are identified due to several reasons. In these backdrop the study is undertaken with the objectives like identification of growth in production, export performance and employment generation in Indian coir industry. For this purpose the secondary data has been collected from various secondary sources, analysed and presented with the help of compounded annual growth rates, percentages.