ON the back of escalating shipments to China, coir exports from India, valued at Rs 807 crore, have gone past the target set for the 2010-11 fiscal.
According to sources in the Coir Board, India exported coir valued at around Rs 807 crore in 2010-11 compared to the set target of Rs 800 crore, primarily due to increased exports to China.
Sources said that although shipments to China surged, there was a decline in exports to the US, the biggest market for the product from India for long. This is the second consecutive year that coir exports have crossed the target.
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