Industry Overview The Coir Molded Tray Manufacturing business involves producing molded trays made from coir fibers, which are used for a variety of purposes, including packaging, gardening, and agriculture. These trays are biodegradable and serve as an eco-friendly alternative to plastic trays, making them highly suitable for industries looking to reduce their environmental impact. Key Points:

• Coir molded trays are used in the agriculture industry for plant growth and packing.
• They are an eco-friendly alternative to plastic trays, aligning with the growing demand for sustainable packaging.
• The demand for eco-friendly packaging solutions is on the rise globally.

Scale and Profitability of Industry The coir molded tray industry offers excellent profitability due to the increasing demand for sustainable packaging and agriculture-related products. The business is scalable, with opportunities to serve local, national, and international markets. Subsidy Opportunities

1. PMEGP: Provides financial assistance for businesses that produce eco-friendly products.
2. National Coir Board: Financial aid for coir-based product manufacturing, including molded trays.
3. State Government Schemes: Many states offer subsidies for sustainable packaging businesses.

Eligibility Criteria

1. MSME registration.
2. A sustainable business plan focused on eco-friendly practices and waste reduction.
3. Investment in molding and coir processing machinery.

Project Cost and Subsidy The project cost for setting up a coir molded tray manufacturing unit can range from ₹5 Lakhs to ₹15 Lakhs, with subsidies covering 30%-40% of the total 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!