BusinessPhoto: MintMSME Ministry to Amend Coir Industry Act 1953 to Modernize Sector
The Indian government plans to amend the Coir Industry Act of 1953 to modernize infrastructure and ease compliance for the sector employing over 750,000 people. The MSME ministry aims to broaden product definitions and reduce paperwork delays. Coir exports rose 52% to ₹6,614 crore in FY26, with the industry mainly in southern India and 80% of fiber extraction workers being women.
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