Coir Board chairman C Chandran told mediapersons that the mission aimed providing a quantum jump in fibre application from the present 37 per cent to 50-60 in five years and enhance domestic and international performance by at least three times.
The board targeted a increase in export performance by 25 per cent annually to achieve an export earning of Rs 1,000 crore by 2008-09. The mission would also look at diversifying and expanding coir applications to building materials and geotextiles. Employment would be doubled from the present 5 lakhs in the next five years and coir-based products and applications would be projected as a symbol of sustainable development and also part of the green agenda.
Of the Rs 3,000 crore for the project, Rs 1,000 crore would come through plan funds while the rest would be raised from financial institutions like SIDBI, Nabard and others, he said.
The board would seek elevation of the coir mission to the levels of bamboo mission and jute mission with increased central financial support. The board would look at decentralised husk collection centres and also establish husk collection banks through womens self-help groups.
As part of the golden jubilee celebrations, the board was implementing the cluster vikas yojana where training was imparted and financial assistance was extended for modernising the units.
There would be transfer of technologies to end-users, upgradation of production and process technologies, product and design development and diversification for new applications.
The board had selected 50 clusters of which 11 spread over the country had started functioning. A special cover with special cancellation was made by the post master-general here.