"Grant to Subsidy for Raw Materials Procurement" Component of the "Development of Coir" Scheme
✓ Information verified — June 2026The "Grant to Subsidy for Raw Materials Procurement" Scheme by the Department of Industries and Commerce, Union Territory of Puducherry, aims to promote Coir Industries by providing a 15% subsidy on annual raw materials procurement, capped at ₹5,00,000 per annum per unit.
What You Get
- 15% subsidy on annual raw materials procurement costs
- Maximum subsidy of ₹5,00,000 per unit per year
- Direct financial assistance to reduce production expenses
- Support for coir industry businesses to improve profitability
Who Can Apply
- Age: 18–100 years
- Residence: Puducherry residents only
- Must be a registered coir industry business unit
- Business must be located in Puducherry
- Unit must procure raw materials for coir production
- Should have proper business registration and licenses
Documents Needed
0/7 collected
- 1. Business Registration Certificate
- 2. Aadhaar Card
- 3. Bank Passbook
- 4. GST Certificate
- 5. Factory License
- 6. Raw Materials Purchase Invoices
- 7. Annual Business Statement
How to Apply
- 1Check your eligibility criteria above
- 2Gather all required documents listed below
- 3Visit the official portal (linked below)
- 4Fill the application form online / offline
- 5Submit the form and note your application reference number
- 6Track status on the official portal or visit nearest CSC
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Quick Facts
- Scheme Level
- Puducherry
- Category
- Employment
- Target Gender
- All genders
- Age Group
- 18–100 years
- Application
- Check portal
- Last Updated
- 14 Jun 2026
Official Source
Last Verified
14 June 2026
Official Portal
www.myscheme.gov.in/schemes/gsrmp-dc…Related Schemes
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