Coir products export drops in March
Published on: April 29, 2009 at 16:20
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KOCHI : India’s coir product exports for the month of March this year dropped by 12.85 percentage to 15,618 metric tones compared with figures of March last year, said Coir Board.
In a report issued here Coir Board said exports worth Rs 4503.88 lakhs for March was Rs 664.35 lakhs shorter than last March’s Rs 5168.23 lakhs.
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Coir mats and coir piths remained as top exporting items with 5028 metric tones and 7900 metric tones were exported respectively while 1688 metric tones of coir fibre was also exported during the period.
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In India, gold is considered as one of the prestigious instruments of investment among the household consumers. Small household units are now becoming potential investors for gold from the key consumers. The demand for consumption purpose is no longer the main driver of demand for the yellow metal, but the systematic investments in retail gold investment options is the latest crush among the small investors in the country. 
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