Industry Overview
The
Coir Mattress Manufacturing business involves producing mattresses made from
coir fibers, which are known for their
firmness and
natural properties. Coir mattresses are highly durable, breathable, and hypoallergenic, making them popular in the
bedding industry. The demand for
eco-friendly,
natural mattresses is growing as consumers become more conscious of the materials used in their bedding products.
Key Points:
- Coir mattresses are a sustainable alternative to synthetic mattresses.
- They are particularly favored for back support, making them ideal for health-conscious consumers.
- The market for natural, organic mattresses is expanding, providing opportunities for growth.
Scale and Profitability of Industry
The coir mattress manufacturing business is profitable due to the growing trend of
eco-conscious consumerism. The
health-conscious segment of the market is particularly interested in
coir mattresses due to their firmness and
natural composition. The business is scalable, catering to both
local and
international markets.
Subsidy Opportunities
- PMEGP: Financial support for setting up small-scale manufacturing units for coir products.
- National Coir Board: Provides assistance for establishing and expanding coir mattress production units.
- State Government Schemes: Various states provide incentives for manufacturing eco-friendly mattresses.
Eligibility Criteria
- MSME registration.
- Investment in machinery for mattress production, including coir processing and fabrication.
- A focus on eco-friendly manufacturing processes.
Project Cost and Subsidy
The
project cost for a coir mattress manufacturing unit ranges from
₹8 Lakhs to ₹20 Lakhs, with subsidies covering up to
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!