Coir Board Schemes — Coir Vikas Yojana
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Quick Answer
40% subsidy up to ₹10 lakh for coir processing units + free spinning wheels for women artisans
- Funding amount
- Up to ₹10 Lakhs
- Funding type
- Subsidy
- Provider
- Ministry of MSME
- Application deadline
- Rolling
- Location
- Kerala, Tamil Nadu, Karnataka, Andhra Pradesh
About this subsidy
Umbrella scheme for coir sector: (a) Coir Udyami Yojana — 40% subsidy on project cost (max ₹10 lakh) for setting up coir processing units; remaining 55% as bank loan. (b) Skill development and training. (c) Mahila Coir Yojana — free foot-operated spinning wheels for women artisans. (d) Market promotion — trade fairs, Coir Mark certification.
Eligibility
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Subsidy providers
The Ministry of Micro, Small and Medium Enterprises (MSME) is the central government ministry responsible for formulating policies and programmes for the MSME sector in India. It administers several schemes aimed at promoting entrepreneurship, livelihood creation, and enterprise…
Learn moreBenefits & Funding
- Amount
- Up to ₹10 Lakhs
What You Get
Coir Vikas Yojana offers multiple support streams. Under Coir Udyami Yojana, entrepreneurs receive a 40% capital subsidy on project cost (up to ₹10 lakh) to set up coir processing units, with 55% bank loan and 5% promoter contribution completing the project financing — making the effective promoter outlay very low. Under Mahila Coir Yojana, women artisans receive free foot-operated ratt (spinning wheel) units, enabling home-based coir yarn production at zero capital cost. Additionally, the Coir Board funds skill development and training, and supports market promotion through trade fairs and Coir Mark quality certification to access premium domestic and export markets. All support is non-dilutive and non-repayable (subsidy component).
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Application Process
- 1
Obtain Udyam Registration (for unit-level schemes).
Obtain Udyam Registration (for unit-level schemes).
You - 2
- 3
- 4
- 5
How to apply
Four steps from draft to disbursement — one action each.
- 1
Submit on the official portal
Use the official application link and verify all details before final submission.
- 2
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Frequently Asked Questions
Who can benefit from Coir Vikas Yojana?
Coir entrepreneurs, artisans and manufacturers — particularly in coir-growing states like Kerala, Tamil Nadu, Karnataka and Andhra Pradesh — can benefit. The Mahila Coir Yojana sub-scheme specifically targets women artisans from coir-producing areas.
What is the subsidy under Coir Udyami Yojana?
Coir Udyami Yojana provides a 40% subsidy on project cost, capped at ₹10 lakh, for setting up new coir processing units. The remaining 55% is financed through a bank loan and 5% is the promoter''s contribution.
What is Mahila Coir Yojana?
Mahila Coir Yojana provides free foot-operated spinning wheels (ratts) to women artisans in coir-producing areas. This enables them to set up home-based coir yarn spinning units at no capital cost.
Is equity taken by the Coir Board?
No. All support under Coir Vikas Yojana — subsidies, free equipment and training — is non-dilutive. No equity stake is taken.
What other support is available?
Beyond subsidies and equipment, the Coir Board also offers skill development training programmes, market promotion support (participation in trade fairs), and Coir Mark certification — a quality label that helps coir products access premium markets.
How do I apply?
Applications are submitted to the regional office of the Coir Board at coirboard.gov.in or through the state-level Coir Development Officer. For Mahila Coir Yojana, beneficiary identification is done by the Coir Board in coordination with state agencies.
Sources
Data on this page is compiled from official program and provider references.
