REMOT Scheme is a Central Sector initiative by the Coir Board under the Ministry of MSME aimed at modernising the traditional coir industry in India. It supports upgrading outdated spinning and weaving units through new motorised machinery, proper workspace, and technology improvements.
Unit Type | Project Cost | Subsidy | Maximum Subsidy | Beneficiary Contribution | Term Loan |
Spinning Unit | ₹2,00,000 | 40% | ₹80,000 | 5% | 55% (up to 1,10,000) |
Tiny/Household Unit | ₹5,00,000 | 40% | ₹2,00,000 | 5% | 55% (up to 2,75,000) |
You are eligible if:
You are not eligible if:
You can apply: