Coir Board Schemes — Coir Vikas Yojana
Ministry of MSME · Central government
A 40% subsidy up to ₹10 lakh funds coir processing units, plus free spinning wheels for women artisans.
Open, rolling. Applications are accepted continuously — there is no deadline.
Key facts
- Subsidy amount
- Up to ₹10,00,000
- Instrument
- Subsidy
- Deadline
- Rolling
About this scheme
Coir Udyami Yojana provides a 40% subsidy on project cost, capped at ₹10 lakh, for establishing coir processing units. The remaining 55% of the project cost is financed through a bank loan. Skill development and training programmes are also offered under the umbrella scheme.
Mahila Coir Yojana distributes foot-operated spinning wheels to women artisans at no cost. Market promotion activities include participation in trade fairs and the issuance of Coir Mark certification.
Who can apply
- Eligible business forms
- Not specified
- Udyam registration
- Not specified
- MSME registration
- Not specified
- DPIIT startup recognition
- Not specified
- GST registration
- Not specified
- Where the business may be based
- Kerala, Tamil Nadu, Karnataka, Andhra Pradesh
- Coir entrepreneurs and artisans, particularly in Kerala, Tamil Nadu, Karnataka, Andhra Pradesh and other coir-growing states. - Mahila Coir Yojana: women artisans from coir-producing areas.
How to apply
- Contact the nearest regional office of the Coir Board, or consult coirboard.gov.in, to determine which sub-scheme applies — Coir Udyami Yojana for establishing a unit, or Mahila Coir Yojana for women artisans. - Under Coir Udyami Yojana: draft a project report for the coir processing unit, apply for a bank loan through a scheduled bank or RRB, and secure loan sanction. - Provide the Coir Board regional office with the bank sanction letter, project report, land or premises documentation, and promoter KYC. - The Coir Board reviews the application, registers the project under the scheme, and issues a subsidy sanction letter. - Finish unit setup and begin operations; the 40% subsidy is transferred to your bank loan account following a physical inspection. - Under Mahila Coir Yojana: register with the local Coir Development Officer; free spinning equipment is handed over directly once beneficiary verification is complete.
Frequently asked questions
Who can benefit from Coir Vikas Yojana?
Women artisans from coir-producing regions, especially in Kerala, Tamil Nadu, Karnataka and Andhra Pradesh, are eligible under the Mahila Coir Yojana sub-scheme. Coir entrepreneurs, artisans and manufacturers in these states can also benefit.
What is the subsidy under Coir Udyami Yojana?
Under Coir Udyami Yojana, a 40% subsidy on project cost, capped at ₹10 lakh, supports the establishment of new coir processing units. The balance is met through a bank loan covering 55% and a promoter’s contribution of 5%.
What is Mahila Coir Yojana?
Under Mahila Coir Yojana, women artisans in coir-producing regions receive foot-operated spinning wheels (ratts) free of charge, allowing them to establish home-based coir yarn spinning units without any capital expenditure.
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?
The Coir Board also provides skill development training, market promotion support such as trade fair participation, and Coir Mark certification, a quality label that enables coir products to reach premium markets.
How do I apply?
Applications for the scheme are submitted to the regional office of the Coir Board via coirboard.gov.in or through the state-level Coir Development Officer. Under Mahila Coir Yojana, the Coir Board identifies beneficiaries in coordination with state agencies.
Sectors
- Manufacturing Industrial
- Coir
- Women Entrepreneurs
- Manufacturing
- Rural
- Msme
- Subsidy
Details last verified on 7 September 2026. Source: the issuer's published information.