Coir Board Schemes — Coir Vikas Yojana

The Coir Vikas Yojana is an umbrella scheme run by the Coir Board under the Ministry of MSME to support the entire coir value chain. It covers four main components:

• Coir Udyami Yojana provides a 40% capital subsidy (up to ₹10 lakh) for setting up coir processing units, with 55% financed by a bank loan and only 5% promoter contribution.
• Skill development and training programmes to build workforce capabilities.
• Mahila Coir Yojana offers free foot-operated spinning wheels (ratts) to women artisans for home-based yarn production.
• Market promotion support including trade fairs and the Coir Mark quality certification to help products reach premium markets.

The scheme aims to strengthen the coir sector in traditional growing states and improve livelihoods of entrepreneurs and women artisans.

• 40% capital subsidy up to ₹10 lakh for coir processing units (Coir Udyami Yojana)
• Free foot-operated spinning wheels for women artisans under Mahila Coir Yojana
• Remaining 55% of project cost financed via bank loan; only 5% promoter contribution
• Non-dilutive support — no equity taken; subsidies and equipment are grants
• Additional benefits: skill development training, trade fairs, and Coir Mark certification
• Rolling applications — no deadline; apply through Coir Board regional offices or at coirboard.gov.in

Coir entrepreneurs, manufacturers, and artisans are eligible, especially those in coir-growing states such as Kerala, Tamil Nadu, Karnataka, and Andhra Pradesh. For Coir Udyami Yojana, applicants must be setting up a new coir processing unit and be able to arrange a bank loan for 55% of the project cost. For Mahila Coir Yojana, women artisans from coir-producing areas can receive free spinning wheels.

Coir Board Schemes — Coir Vikas Yojana is open to startups at any stage. It is open to startups registered anywhere in India.

Coir Board Schemes — Coir Vikas Yojana accepts applications on a rolling basis — there is no fixed cut-off date, so eligible startups can apply at any time. Because rolling programmes can pause without notice, confirm the window is still open on the official site before you start.

The Coir Vikas Yojana provides multiple non-dilutive benefits:

• Coir Udyami Yojana: 40% capital subsidy on project cost up to ₹10 lakh. The remaining 55% is covered by a bank loan, so the promoter needs to contribute only 5%. The subsidy is credited to the loan account after physical inspection of the completed unit.
• Mahila Coir Yojana: Free foot-operated spinning wheels distributed to verified women artisans, enabling zero-capital-cost home-based coir yarn production.
• Skill development: Training programmes funded by the Coir Board.
• Market promotion: Participation in trade fairs and access to Coir Mark certification, which helps improve product marketability.

All support is non-repayable and no equity is taken.

Coir Board Schemes — Coir Vikas Yojana is offered by Ministry of MSME, a government body. As a government-backed subsidy, it is publicly funded and open to eligible startups across India. You can verify current details and timelines on the provider's official website before applying.

Applications are processed through the Coir Board's regional offices.

1. For Coir Udyami Yojana:

   • Prepare a detailed project report for the proposed coir processing unit.
   • Apply for a bank loan from a scheduled bank or Regional Rural Bank; get the loan sanctioned.
   • Submit the bank sanction letter, project report, land/premises documents, and promoter KYC to the Coir Board regional office.
   • The Coir Board verifies the proposal and registers the project under the scheme, issuing a subsidy sanction letter.
   • Complete the unit setup and start operations.
   • After physical inspection, the 40% subsidy is credited to your loan account.

2. For Mahila Coir Yojana:

   • Register with the local Coir Development Officer.
   • Beneficiary verification is done by the Coir Board in coordination with state agencies.
   • Free spinning equipment is distributed directly after verification.

There is no set deadline; applications are accepted on a rolling basis.

Before you apply to Coir Board Schemes — Coir Vikas Yojana, keep the following documents ready:

• A pitch deck or short business plan describing the problem, product and traction
• Company registration documents and PAN
• Founder identification (PAN / Aadhaar) and brief profiles
• Recent financial statements or projections
• Product details — a demo, prototype or working link if available

Exact requirements are confirmed on the official application portal — treat this as a preparation checklist.

Coir Board Schemes — Coir Vikas Yojana is best suited for startups in India seeking non-dilutive funding of ₹10L. If that describes your startup, review the eligibility criteria above before applying.