Coir Board Based

Broom Making

₹5.9 L(₹5,88,000) · ₹5–10LUp to 35% subsidy

Process plant · QC · Inventory-heavy

The pitch

Produce eco‑friendly coir‑based household and commercial brooms using locally sourced coir fibers, processed into finished broom heads and handles.

Retail households, local markets, hotels, NGOs, and online platforms (e.g., e‑commerce portals). Raw coir is sourced from local coir mills, cut into strips, woven into broom heads, attached to bamboo or plastic handles, dried, quality‑checked, and packaged for sale.

Sample capital requirement is ₹5,88,000, covering a 30 m² workshop, coir cutting and weaving machinery, drying racks, packaging equipment, initial raw material stock, and basic marketing materials.

Watch-outs

Idea-specific discussion points — not automatic disqualification

Raw Material Price Volatility
Coir prices can fluctuate due to seasonal supply variations; secure long‑term contracts to mitigate cost spikes.
Skilled Labor Shortage
Weaving and finishing require skilled artisans; plan for training or partnership with local coir cooperatives.
Market Price Competition
Competing with imported synthetic brooms may pressure margins; emphasize eco‑friendly positioning and local sourcing.
Regulatory Compliance for Packaging
Ensure packaging meets local environmental and labeling regulations; obtain necessary certifications.
Seasonal Demand Fluctuations
Demand may rise during festivals and cleaning seasons; maintain inventory buffers and flexible production schedules.

Show the proof

Sourcing — coming soon

Scheme mechanics

PMEGP – Coir Industry Scheme

No elevated education flag at this sample cost – verify that a minimum of 8th grade (VIII pass) is sufficient as per current PMEGP guidelines.

Plan the money

Subsidy split, EMI, and an indicative breakeven — adjust the assumptions to your own numbers.

Financial planner

Subsidy split, EMI, and an indicative breakeven — for discussion only (indicative-2026-08-01).

Beneficiary categoryAreaFull-capacity annual revenue (₹)Estimated

Utilization Y1: 60%Margin on sales: 15%Bank interest rate: 10%Loan tenure: 7 yrs

Margin money (25%)

₹1,47,000

Own contribution (10%)

₹58,800

Bank credit (illustrative)

₹3,82,200

Estimated EMI

₹6,345/mo

Breakeven

Month 24

Indicative DSCR

1.39

Figures are illustrative for discussion, not a sanction estimate.
Actual margin money and contribution depend on current PMEGP guidelines and implementing agency.
Land cost is generally excluded from project cost under the scheme.
Full-capacity revenue is estimated at 2× project cost (₹5.9 L) — adjust it to your own numbers.

Indicative only — actual bank DSCR calculations add back depreciation; treat this as a sense-check, not a bank figure. Verify with your CA/bank before applying.

Next 90 days

Finalize long‑term coir supplier contracts and negotiate bulk pricing.
Procure and install cutting, weaving, and drying machinery, ensuring compliance with safety standards.
Set up the workshop layout, inventory system, and quality control protocols.
Recruit and train 2–3 skilled workers on weaving and finishing processes.
Launch a pilot sales batch to local markets and online platforms, gathering customer feedback.

Disclaimer: Costs and sample reports are published by PMEGP / MSME authorities. FoundersOffice Idea Browser is an independent discovery and briefing tool — not affiliated with the Government of India, MSME, KVIC, DIC, or any bank. Nothing here is a sanction, loan offer, or guarantee of subsidy. Heuristics and future scores are advisory; verify on the official portal before applying.

Sample profile sourced from the PMEGP scheme (Ministry of MSME) · verify against the official PDF before filing.

Engage Founder's Office & Co

Similar process / compliance profile

Coir broom manufacturing supports rural employment, promotes waste valorization, and aligns with national sustainability goals, making it an attractive PMEGP candidate.

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