Economy

Agriculture

Coconut is the only major crop with a production of 27.7 million nuts per year. Area under cultivation is about 27.50 sq.km

Fisheries

Fishing is another major activity. The sea around the island is highly productive. The islands stand first in the country in per capita availability of fish.

Industry

Coconut fibre extraction and conversion of its fibre products is the main industry in the islands. Under government sector there are seven coir fibre factories, seven coir production-cum-demonstration centres and four fibre curling units, functioning under the coir sector. These units produced coir fibre and coir yarn in addition to other coir products like curled fibre, corridor mat, mat and matting. Small coir units are also functioning under private sector in different islands..