Coir Udyami Yojana 2025: Support for Coir Industry Entrepreneurs
Are you planning to start a business in the coir industry? Coir Udyami Yojana 2025 is a helpful government scheme made to support entrepreneurs setting up small coir production units. This scheme offers loans with subsidies to make it easier for you to invest in coir businesses. Let’s look at everything about the Coir Udyami Yojana, including benefits, eligibility, how to apply, and more.
Overview of Coir Udyami Yojana
Coir Udyami Yojana (CUY) is a credit-linked subsidy program by the Central Government. It helps small business owners start coir manufacturing projects costing up to Rs. 10 lakh. This includes one cycle of working capital, which should not be more than 25% of the project cost. The government provides a subsidy of 40% on the project cost, while the entrepreneur contributes a small part. You can apply for loans and subsidies through local state coir boards, authorised agencies, or online at coirservices.gov.in.
Main Facts about Coir Udyami Yojana 2025
Scheme Name | Coir Udyami Yojana (CUY) |
Launched By | Central Government |
Year | 2025 |
Who Can Benefit | Coir Entrepreneurs |
Purpose | To grow the coir industry |
Subsidy | 40% of project cost |
Application Method | Online / Offline |
Category | Central Government Scheme |
Official Website | https://www.coirservices.gov.in/ |
Main Goals of Coir Udyami Yojana
- Bring in modern technology and machinery in coir production.
- Increase efficiency and earnings of workers in the coir sector.
- Improve the quality, variety, and output of coir products.
- Create jobs, especially in rural coconut-growing areas.
- Support women’s employment to help them financially.
- Boost production and better use of coconut husk resources.
- Train rural youth to work in the coir industry.
- Improve living and working conditions of coir workers.
- Help at-risk groups including those from North Eastern Region, Scheduled Castes, and Scheduled Tribes.
Types of Coir Businesses Covered
This scheme supports several coir-based products and businesses including:
- Making floor mats, carpets, sacks
- Coir brushes
- Coir-based seats or mattresses
- Foam mattress supports
- Small businesses like twine and rope making
Main Benefits of Coir Udyami Yojana
- Easy loan with subsidy for small coir business setup.
- You only need to invest 5% of the project cost upfront.
- The government gives a subsidy of 40% of your project’s cost.
- Loan covers 55% of the project cost with simple terms.
- Project cost limited to Rs 10 lakh (working capital treated separately).
Who Can Apply? Eligibility Criteria
- The project must be in the coir industry or related coir products.
- Indian citizens aged 18 or above can apply.
- No income restrictions to start a project.
- Individuals, companies, societies, cooperative groups, NGOs registered under the Societies Registration Act are eligible.
- Project cost must not exceed Rs 10 lakh, including working capital up to 25%.
Documents You Need
- If you represent an organisation, submit a certified copy of its bylaws.
- A report showing your working capital needs for bank approval.
- Caste certificate if applying under reserved categories.
- Detailed project cost estimates, including building, machinery, and capital expenses.
- KYC documents like Aadhar card and address proof for individuals.
How to Register for Coir Udyami Yojana Online
- Visit the official Coir Board website: https://www.coirservices.gov.in/
- Click on ‘Apply Now’.
- Choose ‘New Login Registration’.
- Fill in your name, Aadhar number, mobile number, email, and security questions.
- Click ‘Confirm’ to finish registration.
Applying Offline for Coir Udyami Yojana
- Go to your nearest Jute Board Office, District Industrial Center, or other designated offices.
- Get and fill out the application form with all details.
- Attach the necessary documents and submit the form to the officials.
- After review, you will be informed if your application is approved.
Need Help? Contact Details
- Phone: +91-484-2351807, 2351788, 2351954
- Email: coir@md2.vsnl.net.in
- Website: https://www.coirservices.gov.in/
If you want to start a small business in the coir industry, Coir Udyami Yojana 2025 is a great chance to get government support. Check if you’re eligible, gather your documents, and apply today to grow your business with this help.