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Sivakasi fireworks industry to focus on export market

25 Oct 2022 , 12:40 PM

The Rs6,000 crore Sivakasi fireworks sector, which is also focusing on green crackers, is now planning to enter the global firecracker market, which has previously been dominated by Chinese competitors.

The Sivakasi sector is attempting to capture a little portion of the global fireworks export market, which China dominates with an Rs26,000 crore yearly turnover.

With the establishment of the CSIR-NEERI laboratory in Sivakasi, which cost Rs15 crore, the industry has been able to evaluate the emission level of green firecrackers produced in the Virudhunagar district and meet the requirements for green crackers.

The sector now has the know-how and finesse to offer to international markets as green crackers become the standard.

The sector is, however, plagued by the problem of shipping lines that ignore modest consignments from India in favour of the massive amounts supplied by Chinese suppliers. However, it is anticipating government intervention in this.

For feedback and suggestions, write to us at editorial@iifl.com

 

Related Tags

  • Fireworks
  • Green Crackers
  • Sivakasi
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