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Tamil Nadu Coir Policy 2024
January 7 , 2024
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- It aims to attract investments worth ₹3,000 crore in the sector by 2030 and generate 60,000 jobs.
- The policy is also aimed at providing a strategic framework that supports the continued expansion of the coir sector.
- It envisages the setting up of Centres of Excellence and facilitating industry-academia-private research interactions exclusively for new, innovative coir products.
- Tamil Nadu cultivates coconut in over 4.46 lakh hectares.
- The State’s productivity of coconut stands at 10,484 nuts per ha.
- The total investment in the coir sector is ₹5,331 crore.
- The total turnover of coir products in Tamil Nadu is ₹5,368 crore.
- The export value of coir products is ₹2,186 crore.
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