Industry Overview A Coir Matting Unit focuses on producing coir mats, which are widely used in homes, offices, and industrial settings. Coir mats are highly durable, water-resistant, and serve as effective floor coverings. As an eco-friendly alternative to synthetic mats, coir mats are in high demand, particularly in regions where sustainability and natural materials are prioritized. Key Points:

• Coir mats are used as floor mats, doormats, and rugs.
• They are eco-friendly, durable, and ideal for both indoor and outdoor use.
• The demand for coir mats is growing, particularly in hotels, resorts, and eco-conscious consumers.

Scale and Profitability of Industry The coir matting business has strong potential for profitability due to its wide range of applications and increasing demand. Entrepreneurs can scale the business from small-scale production for local markets to large-scale operations catering to international exports. Subsidy Opportunities

1. PMEGP: Offers financial aid to small businesses in the coir product manufacturing sector.
2. National Coir Board: Provides incentives and support for establishing coir matting units.
3. Technology Upgradation Fund Scheme: Financial assistance for modernizing equipment.

Eligibility Criteria

1. MSME registration.
2. A business plan focusing on sustainable production processes and quality control.
3. Investment in machinery for mat weaving, coir processing, and finishing.

Project Cost and Subsidy The project cost for setting up a coir matting unit ranges from ₹10 Lakhs to ₹25 Lakhs, with government subsidies covering 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!