About this scheme
Coir Vikas Yojana of the Coir Board promotes coir-based industries with capital subsidy, working capital, training, and marketing support. Targets coir-rich states (Kerala, Tamil Nadu, Karnataka, Odisha, AP).
What you get
- 25% capital subsidy on machinery (max Rs. 4 lakh)
- Working capital margin money 25%
- Free training at Coir Board Training Institute
- Marketing assistance for branded coir products
- Export development support
Who qualifies
New and existing coir-based units (mat-making, mattress, yarn, geo-textile, composites) in coir-growing states. Must be registered with the Coir Board.
Industries (NIC divisions)
TextilesWood productsPaperPlastics / rubberFurniture
Business types
ProprietorshipsPartnershipsSection 8 Companies
States
KLTNKAODAPPY
How to apply
- 1Register with Coir Board (free)
- 2Identify approved coir machinery from Coir Board list
- 3Apply to Regional Office with project report
- 4Inspection + sanction by Coir Board
- 5Subsidy disbursed in 2-3 instalments
Key terms and conditions
- 25% subsidy on machinery from approved list only
- Promoter contribution 25% mandatory
- 5-year operational lock-in
- Annual production report to Coir Board
What disqualifies you
- Non-coir-state units have separate scheme
- Trading units (no manufacturing) excluded
- Used coir machinery not eligible
Documents typically required
- Udyam registration
- Coir Board enrollment
- Land documents
- Project report
The content above is compiled from public information published by the scheme authority. Eligibility, benefits, and procedures are subject to change. Confirm details directly with the official portal before applying. BharatSeal does not process scheme applications.