§1What this business is
This is the last step before shipping. Each mat is checked ('passed') for quality and defects are fixed, then mats are stacked and pressed into bundles in a baling screw press. The profile prices it on No. 3 size export mats.
Capacity: 4,000 No. 3 size mats a day; 12 lakh mats a year, finished and packed. Sale ₹187 against cost ₹181.65 a mat.
§2Is it right for you?
Who it is for
Someone in a coir mat export cluster with links to exporters.
Who it is not for
Anyone outside a coir export hub.
Advantages
- Low machine cost
- Needed by every mat exporter
- Simple manual work
Drawbacks
- Margin is about ₹5 a mat
- Break-even stays high (64–72%)
- Works only in a mat-exporting cluster
Skills you need
- Quality inspection to buyer specs
- Packing and baling
- Dispatch scheduling
Why difficulty 2/5: Simple work, but profit depends on very high volume.
§3Market
Who buys
- Coir mat exporters
How it sells
- Service or supply contracts with exporters
Good to know
- The profile lists the output as a service charge, not a product price.
§4Raw material & machinery
| Item | Qty | Cost |
|---|---|---|
| Weighing balances, scissors, needles, hooks | as required | ₹1,00,000 |
| Mat baling screw press | 1 | ₹2,50,000 |
| Passing tables | 30 | ₹70,000 |
| Other equipment and electrification | — | ₹1,80,000 |
From: PMEGP project profile — Coir Mat/Matting Finishing/Packing Unit (prepared by Coir Board, Ministry of MSME) (2018)
- Unfinished No. 3 size coir matsaverage cost ₹181.65 a mat
- Packing materialfor bundles
From: PMEGP project profile — Coir Mat/Matting Finishing/Packing Unit (prepared by Coir Board, Ministry of MSME) (2018)
§5Licences & registration
- Udyam registration
- GST registration
- Registration with the Coir Board (needed to export; also opens Coir Board schemes)
§6Schemes & subsidies
- PMEGPCentralActive15–35% subsidy
- MudraCentralActiveLoan up to ₹20 lakh, no collateral
- CGTMSECentralActiveNo collateral, up to ₹10 crore
PMEGP (this profile was made for it), MUDRA loans up to ₹20 lakh and CGTMSE cover for a collateral-free loan fit.
§7Money
How the investment is worked out: Coir Board profile: work shed ₹6.00 lakh + machinery ₹6.00 lakh + working capital ₹5.31 lakh = ₹17.31 lakh.
Working capital: Working capital ₹5.31 lakh (bank ₹5.04 lakh).
Prices from June 2018 — machinery costs will be higher now.
§8Export potential
Confirm the HS code in the DGFT ITC(HS) lookup before you export
Export council / board: Coir Board
- Coir exporters register with the Coir Board and take its registration-cum-membership certificate.
- Confirm the exact 8-digit code in the DGFT ITC-HS schedule before you ship.
§9Risks — where people fail
- Volume loss if one exporter leaves
- Claims for defects abroad
- Thin margin
§1030 / 60 / 90-day plan
A general plan that applies to any business. A plan for this business will be added after research.
- Days 1–30: Visit a working coir mat finishing and packing unit, ask 10 buyers about price and quantity, and get quotations from 3 suppliers.
- Days 31–60: Udyam and the licences you need (Udyam registration, GST registration), a project report (DPR), and the scheme or loan file.
- Days 61–90: Space and machines, trial production, and first deliveries to 10 customers.
§11Who to connect with
Associations, clusters and training institutes — the directory is being built. Connect
§12Watch
There is no episode on this business yet. Shows are coming soon on the Podcast page.
Want to start Coir Mat Finishing and Packing?
DPR, loan file or registration — ask us on WhatsApp.
¶Sources
Data review: 6 October 2026. Spotted a mistake? Report it. For information only — not legal or financial advice.