Coir Board Based

Coir Handicraft/Ornaments Producton Unit

₹7 L(₹7,00,000) · ₹5–10LUp to 35% subsidy

Process plant · QC · Inventory‑heavy

The pitch

The unit produces coir‑board based handicraft ornaments, such as decorative coir baskets, coir coasters, and coir wall hangings, using locally sourced coir waste.

Primary buyers are local retail outlets, tourism shops, and online marketplaces (e.g., Amazon, Flipkart, Etsy). Distribution is through direct sales to retailers, pop‑up stalls at tourist spots, and e‑commerce fulfillment centers. The unit will set up a coir board manufacturing line, hand‑craft ornaments, perform quality checks on finished goods, and maintain inventory for seasonal demand peaks.

Sample capital of ₹7,00,000 covers procurement of coir waste, coir board manufacturing machinery, finishing tools, packaging materials, and initial working capital for the first 3 months.

Watch-outs

Idea-specific discussion points — not automatic disqualification

Raw Material Price Volatility
Coir waste prices can fluctuate due to seasonal supply from coir mills; secure long‑term supply contracts to mitigate cost spikes.
Seasonal Demand Fluctuations
Demand for coir ornaments peaks during festivals and tourism seasons; plan inventory and marketing to smooth cash flow.
Skill Gap in Handicraft
Artisanal skills are critical; invest in training programs to ensure consistent product quality.
Compliance with Coir Board Standards
Adhere to national coir board production norms and obtain necessary environmental clearances to avoid regulatory delays.

Show the proof

Sourcing — coming soon

Scheme mechanics

PMEGP – Coir Board Production Scheme

No elevated education flag at this sample cost – verify guidelines; ensure at least one team member has passed Class VIII as per PMEGP eligibility.

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%)

₹1,75,000

Own contribution (10%)

₹70,000

Bank credit (illustrative)

₹4,55,000

Estimated EMI

₹7,554/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 (₹7 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 supplier contracts for coir waste and packaging materials
Set up and commission the coir board manufacturing line
Hire and train artisans and QC staff
Develop branding, packaging, and a pilot e‑commerce listing
Launch pilot sales to local retailers and online platforms

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.

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