Industry Overview The wooden furniture manufacturing business focuses on the production of various furniture pieces made from wood, such as chairs, tables, wardrobes, and shelves. Wood is a timeless material in the furniture industry, known for its durability, aesthetic appeal, and eco-friendliness. With the growing demand for high-quality, customizable furniture, this sector offers great potential for profitability. Key Points:

• Wooden furniture is highly durable and customizable, offering a wide range of design options.
• The growing real estate and home decor markets are driving the demand for wooden furniture.
• Sustainable furniture options, including eco-friendly wood sourcing, are gaining popularity.

Scale and Profitability of Industry The wooden furniture industry is highly profitable due to the high demand for luxury and custom-made furniture. The scalability of the business allows it to target local markets, exports, and online platforms for wider distribution. Subsidy Opportunities

1. PMEGP: Provides support for businesses that produce furniture and other wood-based products.
2. Technology Upgradation Fund Scheme (TUFS): Financial assistance for modernizing furniture manufacturing equipment.
3. State Government Schemes: Various state initiatives support wooden furniture businesses.

Eligibility Criteria

1. MSME registration.
2. A business plan that emphasizes quality craftsmanship, customization, and sustainable sourcing of wood.
3. Investment in machinery for wood processing and furniture manufacturing.

Project Cost and Subsidy The project cost for setting up a wooden furniture manufacturing unit can range from ₹15 Lakhs to ₹50 Lakhs, with subsidies covering up to 40%-50% of the total cost, depending on the scheme and region.

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!