Grant to Subsidy for Raw Materials Procurement Component of the "Development of Coir" Scheme
Industries and Commerce Department, Government of Puducherry · Central government
Puducherry's scheme funds Coir Industry Units with a 15% subsidy, capped at ₹5 lakh annually, on raw material procurement.
Open, rolling. Applications are accepted continuously — there is no deadline.
Key facts
- Subsidy amount
- Up to ₹5,00,000
- Instrument
- Subsidy
- Deadline
- Rolling
- Disbursement
- Reimbursed after spend
About this scheme
The "Grant to Subsidy for Raw Materials Procurement" component, part of the "Development of Coir" Scheme, is administered by the Department of Industries and Commerce, Union Territory of Puducherry. It provides financial support to coir industry units by covering 15% of their annual raw material procurement costs. This assistance aims to reduce operational expenses and support the stability and growth of these enterprises.
The subsidy is limited to ₹5,00,000 per eligible unit per year. This cap ensures that benefits remain substantial while public funds are used prudently. The component is one part of the wider "Development of Coir" Scheme, which focuses on the modernisation and overall improvement of the coir sector in the Union Territory of Puducherry. It specifically addresses the financial strain of acquiring raw materials, a frequent issue for small and medium manufacturers.
Who can apply
- Eligible business forms
- Private limited company, Limited liability partnership, One person company, Partnership firm, Sole proprietorship
- Udyam registration
- Not specified
- MSME registration
- Not specified
- DPIIT startup recognition
- Not specified
- GST registration
- Not specified
- Where the business may be based
- Puducherry
- The applicant must possess a Coir Industry Unit in Puducherry.
How to apply
- Step 1: Obtain the prescribed application form from the official website, then download and print it. - Step 2: Complete every mandatory field accurately, attach a passport-sized photograph (signed across if stipulated), and self-attest copies of all necessary documents before enclosing them. - Step 3: On a working day, during office hours, deliver the signed and completed form, along with all supporting paperwork, to the District Industries Centre (Thattanchavady, Puducherry - 605 009) and hand it to the designated officer. - Step 4: Once received, your submission is recorded in the register, and a unique identification number is issued. This number serves as the official acknowledgement and reference point for all subsequent communication.
How applications are assessed
Upon receipt, applications are logged and allotted a distinct reference number. The relevant officer at the District Industries Centre subsequently examines the submitted paperwork and checks eligibility against the scheme’s criteria. This procedure confirms that only legitimate Coir Industry Units obtain the designated financial assistance for purchasing raw materials.
Frequently asked questions
What is the primary objective of this scheme?
The component provides financial assistance for raw material procurement to promote coir industries in Puducherry.
Who is eligible to apply for this subsidy?
Any coir industry unit operating in the Union Territory of Puducherry can apply for this subsidy.
What is the maximum subsidy amount I can receive?
The maximum subsidy is ₹5,00,000 per year per unit, which equals 15% of your annual raw material purchases.
How do I apply for this scheme?
Applications are processed offline. Download the prescribed form, complete it, attach the required documents, and submit it in person at the District Industries Centre, Thattanchavady, Puducherry.
What documents are typically required for the application?
Applicants must attach self-attested copies of all mandatory documents, which may include business registration, proof of unit location, raw material procurement records, and identity proofs.
What happens after I submit my application?
Your application will be registered upon submission, and you will receive a unique identification number for future reference and acknowledgment. It will then proceed through verification and approval.
Sectors
- Manufacturing Industrial
- Coir Industry
- Raw Materials
- Puducherry
- Manufacturing
- Microenterprise
Details last verified on 3 August 2026. Source: the issuer's published information.