Coir Vikas Yojana - Export Market Promotion Scheme

The Coir Vikas Yojana - Export Market Promotion Scheme, by the Ministry of MSME, aims to boost the export of coir and coir products. It provides financial assistance and support to manufacturers and exporters for participating in international trade events and promotions.

What is the Export Market Promotion Scheme?

This scheme facilitates the promotion of coir products in international markets by offering financial assistance for participation in exhibitions, trade fairs, seminars, and buyer-seller meets. It also supports publicity and market development activities.

Key Objectives of the Export Market Promotion Scheme

· Promote Coir Exports: To increase the export of coir and coir products.

· Enhance Market Access: To provide opportunities for exporters to access international markets.

· Build Capacity: To organize capacity-building programs in export-related areas.

· Increase Visibility: To promote coir products through publicity and participation in international events.

· Support Exporters: To offer financial assistance and guidance for export promotion activities.

Eligibility Criteria for the Export Market Promotion Scheme

· Manufacturers, Entrepreneurs, and Exporters: Must be involved in the coir industry.

· Registration with Coir Board: Exporters and MSMEs must be registered with the Coir Board.

· Compliance: Must not have availed similar facilities from other sources for the same purpose.

· Integrity: Must not be charged, debarred, prosecuted, or blacklisted under the Foreign Trade Policy or by the Coir Board.

Benefits of the Export Market Promotion Scheme

· Financial Assistance:

1. 100% of space rent (maximum ₹1.00 lakh for foreign countries).

2. 100% of economy class airfare (maximum ₹1.50 lakh for foreign, ₹1 lakh for India).

3. Actual freight charges (maximum ₹25,000 for foreign, ₹20,000 for India).

· Support for:

1. Participation in international seminars and conferences.

2. Organizing capacity-building programs.

3. Participation in international fairs and buyer-seller meets.

4. Publicity abroad.

· Coir Industry Awards: Recognition and incentives for outstanding exporters.

How to Apply for the Export Market Promotion Scheme

· Online Application:

1. Exporter & RCMC Registration:

1. New Login Registration.

2. Login to the Portal.

3. Submit Online Application.

4. Submit RCMC Application.

5. Send printed applications with Demand Draft to Coir Board.

2. Export Market Development Assistance (EMDA):

1. New Login Registration.

2. Login to the Portal.

3. Submit Beneficiary Registration (Part-A).

4. Submit EMDA Application.

5. Submit Claim after approval.

· Application Status: Check status online through the Coir Services portal.

Documents Required for Application

· MSME Registration Certificate.

· Coir Board Registration details.

· IE Code copy.

· Signed Purchase Order copy (if applicable).

· Bank Certificate (financial status).

· PAN Card copy (both sides).

· SSI/Coir Board Industrial Establishment Certificate copy.

· Partnership deed copy (self-attested).

· Memorandum Article of Association (Limited Company).

· Affidavit/Declaration for monthly export details submission.

· Any other required document.

FAQs About the Export Market Promotion Scheme

1. Who is eligible?
Coir manufacturers, entrepreneurs, and registered exporters.

2. What is the financial assistance?
Covers space rent, airfare, and freight charges for international events.

3. How do I apply?
Online through the Coir Services portal.

4. What documents are required?
Registration certificates, financial documents, export-related documents, and more.

5. Is there support for publicity?
Yes, the scheme supports publicity and market development activities.

Why Should You Apply for the Export Market Promotion Scheme?

This scheme provides crucial financial and logistical support for coir exporters to expand their presence in international markets. By participating in trade events and leveraging promotional tools, exporters can significantly boost their sales and brand recognition.

Conclusion

The Coir Vikas Yojana - Export Market Promotion Scheme is a vital initiative for the coir industry. By facilitating market access and providing financial assistance, the scheme promotes the growth of coir exports and enhances the competitiveness of Indian coir products in the global market.