Latest back-to-back hartals had caused a loss of Rs 5 crore to the industry.
Many products could not be exported in time leading to serious consequence.
Alappuzha: The hartal culture in the state will sound the death knell of the traditional coir business which is directly connected to over three lakh people, according to the Federation of Indian Coir Exporters’ Association. Mr Sajan B. Nair, general secretary, FICEA, said that many entrepreneurs were forced to shift their business to other states due to the hartal menace.
Tamil Nadu has gone way ahead in coir production and innovations. Unnecessary strikes, opposition to mechanisation and low price of coconut products were hurting the traditional business. The latest back-to-back hartal had caused a loss of '5 crore to the industry. Many products could not be exported in time leading to serious consequences, he said.
( Source : Deccan Chronicle. )
Next Story
