§1What this business is

A roll of plain coir matting passes over a spreader bar and under a doctor blade, where foamed latex compound is spread on the back. The blade angle controls thickness and penetration. The backing is then dried and cured in a hot-air oven. The product is SK1 latex-backed coir matting.

Capacity: 2,000 sq m a day; 6,00,000 sq m a year. Sale ₹385 a sq m against ₹373 for plain matting, latex and chemicals.

§2Is it right for you?

Who it is for

A coir matting supplier with export buyers who want backed matting.

Who it is not for

A newcomer without large working-capital backing.

Advantages

  • Latex backing raises the matting's export value
  • Small team of 16
  • Good DSCR (4.82 average)

Drawbacks

  • Margin is ₹12 on ₹385 a sq m — volume is everything
  • High break-even (60–75%)
  • Huge purchase bill for plain matting
  • Latex price follows the rubber market

Skills you need

  • Latex foam compounding
  • Blade and oven control
  • Export quality standards
  • Cash-flow management

Why difficulty 4/5: Technical coating, large turnover on a thin margin and export dependence.

§3Market

Who buys

  • Coir matting exporters
  • Flooring and furnishing dealers
  • Offices, hotels and institutions

How it sells

  • Supply to exporters
  • Furnishing wholesalers

Good to know

  • The profile's process also uses a hot-air oven to dry and cure the backing.

§4Raw material & machinery

ItemQtyCost
Foaming machine, 750 litre, 3 HP2₹8,00,000
Spreading machine, 1 HP2₹4,00,000
Electrical fittings and other accessories—₹2,00,000

From: PMEGP project profile — Latex Backed Coir Matting Unit (prepared by Coir Board, Ministry of MSME) (2018)

  • Plain coir mattingwith latex and chemicals, ₹373 a sq m
  • Natural rubber latex and compounding chemicalsfoamed and spread on the back

From: PMEGP project profile — Latex Backed Coir Matting Unit (prepared by Coir Board, Ministry of MSME) (2018)

In our raw material database

Natural rubber →

§5Licences & registration

  1. Udyam registration
  2. GST registration
  3. Registration with the Coir Board (needed to export; also opens Coir Board schemes)
  4. State Pollution Control Board consent (check the category for your process)
  5. IEC code if you export

We can do this registration for you

§6Schemes & subsidies

PMEGP (this profile was made for it), MUDRA loans up to ₹20 lakh and CGTMSE cover fit; Stand-Up India suits women and SC/ST founders.

§7Money

How the investment is worked out: Coir Board profile: building ₹6.50 lakh + machinery ₹14.00 lakh + working capital ₹4.50 lakh = ₹25.00 lakh.

Working capital: Working capital ₹4.50 lakh (bank ₹4.28 lakh).

Prices from June 2018 — machinery costs will be higher now.

How to prepare a loan file

§8Export potential

Confirm the HS code in the DGFT ITC(HS) lookup before you export

5702Carpets and other textile floor coverings, woven (includes coir mats and matting)

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

  • Rubber price spikes
  • Export order drops
  • Uneven backing causing rejections
  • 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.

  1. Days 1–30: Visit a working latex-backed coir matting unit, ask 10 buyers about price and quantity, and get quotations from 3 suppliers.
  2. Days 31–60: Udyam and the licences you need (Udyam registration, GST registration), a project report (DPR), and the scheme or loan file.
  3. Days 61–90: Space and machines, trial production, and first deliveries to 10 customers.

§11Who to connect with

Not verified yet

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 Latex-Backed Coir Matting?

DPR, loan file or registration — ask us on WhatsApp.

Get a DPR / loan file made

Sources

  1. PMEGP project profile — Latex Backed Coir Matting Unit (prepared by Coir Board, Ministry of MSME) (2018)

Data review: 6 October 2026. Spotted a mistake? Report it. For information only — not legal or financial advice.