Sunday, 09 November 2014 - 16:25
Coconut industry targets Rs 100b by 2015
The coconut industry is turning out to be one of the main modes of income for the country, and 100 billion US dollars is targeted from coconut product exports by 2020.
Reports indicate that the 100 billion rupees target can be achieved by next year.
Sri Lanka also plans to capture markets in Europe, Russia, the USA, and Australia.
By the end of last year the income from the coconut industry increased to 47 billion rupees, and this year, 54 billion rupees was earned by September.