• PLI
    Production Linked Incentives Schemes in India
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  • OBJECTIVE
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    • The scheme aims to provide assistance to entrepreneurs in the procurement of eligible Plant & Machinery for modernization of their business units, upgradation of their processes and aims to provide assistance in establishing a new unit
  • KEY BENEFITS
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    • The scheme aims to establish new state of the art coir processing units
    • Under the scheme, modern infrastructure facilities would be provided to further aid the production units
    • Under the scheme, a financial assistance of up to INR 2.50 crores (upper ceiling) can be availed
  • SCHEME APPLICABLE FOR
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    • The scheme is applicable for all existing and aspiring Entrepreneurs
  • DETAILED INFORMATION
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    • Under the scheme, assistance would be provided to entrepreneurs for upgrading their business units, for the procurement of eligible plant and machinery, which would aid them in modernizing their establishment and in this way the scheme would enable the entrepreneurs in setting-up a new unit which would be capable of attracting larger investments to the Coir Sector. The financial assistance provided under this scheme will be set at 25% of the total cost of admissible items of plant and machinery, as procured by the Coir units. Further, all coir production or processing units that are registered with the ‘Coir Board’ under ‘Coir Industry’ (Registration) Rules 2008 and having ‘Udyog Aadhar’ would be eligible to apply for the financial assistance under this scheme
HOW TO APPLY

Applications can be made online. The applicant/beneficiary unit seeking assistance under this scheme shall file all relevant details and documents, as prescribed, at the time of the online applications

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