Development of Coir — Puducherry's 15% Raw Material Subsidy (Up to ₹5L) — Frequently Asked Questions

It funds raw material purchases. A coir industry unit in Puducherry gets a 15% subsidy on what it buys in raw materials over a year, so the department shares a portion of that recurring cost with the unit.

The subsidy works out to 15% of your annual raw material procurement, capped at ₹5,00,000 per annum per unit. If 15% of your yearly purchase crosses ₹5 lakh, the payment still stops at ₹5 lakh.

Any coir industry unit operating in Puducherry is eligible to apply. The scheme is specific to the coir sector, and the unit's presence in the Union Territory is the eligibility condition stated in the component's criteria.

No. The scheme runs on a rolling basis, so there is no fixed last date to watch for. You can submit your application on any working day during office hours.

Applications are made offline. Download and print the prescribed form from the official website, complete all mandatory fields, affix a passport-sized photograph as required, self-attest and attach the necessary documents, and submit the form in person at the District Industries Centre, Thattanchavady, Puducherry – 605 009.

Applicants generally attach self-attested copies of all mandatory documents, which may include business registration, proof of the unit's location, records of raw material procurement, and identity proofs, along with a passport-sized photograph on the form as required. The application form lists exactly what has to be enclosed.

Your application is entered into a register and you are given a unique identification number, which acts as your acknowledgment and is used for all future correspondence. After that, the concerned authority reviews your documents and verifies your eligibility against the scheme guidelines.

No. This is a government cash subsidy, so it is not a loan to be repaid and the department does not take an equity stake in your unit in return for the support.

The eligibility criteria stated for this component do not mention DPIIT recognition or MSME/Udyam registration. The requirement that is set out is a coir industry unit in Puducherry, and eligibility is verified against the scheme guidelines after you apply.

No. The unit has to be in Puducherry, since the scheme is implemented by the Industries and Commerce Department of the Puducherry government and applications are submitted at the District Industries Centre in Thattanchavady.

Development of Coir — Puducherry's 15% Raw Material Subsidy (Up to ₹5L) is offered by Industries and Commerce Department, Government of Puducherry, a government body. It is provided as non-dilutive funding.

Apply directly through the official application link on this page. Review the eligibility criteria and prepare your startup documents before you begin.