Coir Vikas Yojana - Export Market Promotion Scheme

The Coir Board, set up in 1953, oversees coir development in India. It supports over 4 lakh workers, mainly in Kerala and Tamil Nadu. This Coir Board Subsidy Scheme is intended to drive export growth. Indian coir exports hit ₹4,000 crore recently, thanks to such efforts.​

The Coir Vikas Yojana – Export Market Promotion Scheme is aimed to boost India's coir industry exports. The Coir Board runs this central sector initiative under the Ministry of MSME. It helps manufacturers and exporters reach global markets easily. The scheme enables companies to participate in trade fairs and with publicity. Entrepreneurs gain financial aid to promote their products worldwide.

The Coir Vikas Yojana scheme carries the following objectives:

• Enhance export performance of Indian coir products.

• Sponsor delegations to international events.

• Organise fairs and buyer-seller meets abroad.

• Provide capacity-building for export skills.

• Recognise top performers with Coir Industry Awards.

• Promote generic publicity in foreign markets.​

Through this scheme, the coir industry can benefit as follow:

• Gain global exposure for coir products.

• Reduce export promotion costs through subsidies.

• Network with international buyers easily.

• Build brand recognition abroad.

• Access training for better export strategies.

• Receive awards for outstanding achievements.​

The main components of the Export Market Promotion Scheme are as follows:

• Delegation and consultancy for market sourcing.

• Participation in international seminars and conferences.

• Organising fairs, catalogue shows, and buyer-seller meets.

• Generic publicity campaigns abroad.

• External Market Development Assistance (EMDA).

• Coir Industry Awards for export excellence.​

To be eligible for the Coir Board Subsidy Scheme, you need to qualify as follows:

• Register as coir manufacturer, entrepreneur, or exporter with Coir Board.

• Operate as MSME in coir or coir products.

• Must not have received prior aid from other sources for the same activity.

• Must be compliant with Foreign Trade Policy.

• Should not be by the government or the Coir Board.​

The key documents required for the Coir Vikas Yojana scheme include:

• Coir Board registration certificate.

• Importer Exporter Code (IEC) proof.

• MSME registration (Udyam certificate).

• Invoice copies for participation fees.

• Bank details for subsidy transfer.

• KYC documents like Aadhaar or PAN.​

The Export Market Promotion Scheme has two parts: Export & RCMC registration and Export Market Development Assistance.
To apply for the export market promotion scheme, the following steps must be followed:

1. Visit http://coirboard.gov.in/

2. Register as an exporter with Coir Board online.

3. Select Export Market Promotion Scheme.

4. Fill the Exporter application with event details.

5. Upload documents and submit post-event claims.

6. Track approval and receive subsidy.​

Likewise, for the EMDA registration, follow these steps: 

1. Participate in the approved international events first.

2. Gather invoices for airfare, rent, and freight.

3. Submit EMDA claim within 60 days via portal.

4. Provide bank proof and event participation letter.

5. Coir Board verifies and disburses funds.​

Check your application status on the coir board portal. Enter your registration ID and event details. The Coir Board updates progress online. Contact helpline for delays.​

The Export Market Promotion Scheme under Coir Vikas Yojana empowers coir businesses. It opens global doors with smart subsidies. Entrepreneurs can thus scale exports confidently. For expansion funds, you can explore business loans or export finance options seamlessly.