Industry Overview
The
Coir Brush Manufacturing business involves producing brushes made from
coir fibers, which are sourced from the outer husk of coconuts. Coir brushes are environmentally friendly, durable, and suitable for a wide range of applications, including cleaning, scrubbing, and even as industrial tools. The demand for
eco-friendly cleaning products has surged due to the growing environmental concerns, making coir-based products a sustainable and attractive choice.
Key Points:
- Coir brushes are widely used in industries such as cleaning, automotive, and gardening.
- Coir is a natural, biodegradable material, which adds to the sustainability aspect of the product.
- The demand for eco-friendly cleaning tools is expected to rise, creating ample opportunities for this business.
Scale and Profitability of Industry
The
coir brush manufacturing industry is profitable, particularly due to the increasing trend toward
sustainable products. As an
eco-friendly alternative to synthetic brushes, coir brushes are becoming a preferred option. The business can operate on both small and large scales, with the potential for export due to the
global demand for sustainable products.
Subsidy Opportunities
- PMEGP: Offers financial support for starting businesses in the coir-based products sector.
- National Coir Board Subsidy: The Coir Board provides various subsidies for small-scale coir product manufacturers.
Eligibility Criteria
- MSME registration.
- A business plan that includes details on the production process, quality control, and sustainability of the products.
- Investment in machinery for fiber extraction and brush production.
Project Cost and Subsidy
The
project cost for establishing a coir brush manufacturing business ranges from
₹5 Lakhs to ₹15 Lakhs, with subsidies covering up to
30%-40% of the project cost.
To apply for the Food Processing Scheme, the following mandatory documents are required for new enterprises (Individuals/Firms) as outlined in the manual
1. PAN Card of concerned/all promoters.
2.Aadhaar Copy & Photo of all promoters/guarantors.
3. Address Proof: Any of the Officially Valid Documents (OVD) such as:
o Utility bill (not more than two months old) from any service provider (Electricity, telephone, post-paid mobile phone, piped gas, water bill).
o Property or Municipal tax paid receipt.
o Ration Card (Individual).
o Driving Licence
o Aadhaar Card.
o Voter ID Card.
4. Details of the site where the unit is to be established, including whether it is owned/rented/leased, along with proof (Lease/rent agreement should be for more than the loan repayment period).
5. Photocopy of Bank
6. Estimates and Quotation of all capital expenditure and machinery and equipment to be purchased. Statement/Bank Passbook for the last 6 months.
For existing enterprises with a turnover of less than 1 crore, similar documents are required, including PAN Card, Aadhaar, address proof, and site details.
If you need more specific information or additional documents, please let me know!