Tamil Nadu government has set up Tamil Nadu Coir Business Development Corporation, TANCOIR – a section 8, not for profit organisation to facilitate an inclusive growth of coir sector of the state through promotion of value-addition and quality enhancement in manufacturing. TANCOIR was inaugurated on 25.08.2022 with a seed capital of Rs. 5 crores with headquarters at Coimbatore.

TANCOIR has been operating in three main verticals of Market Facilitation, Business Assistance, Knowledge Dissemination. Across these verticals, TANCOIR works to support the coir MSMEs of Tamil Nadu by various activities. Coir MSMEs are supported through market promotions, orders assistance, identification and securing of government projects, trade fairs and expos participations, certifications and licenses assistance, clusters implemenatation and handholding, implementation of various government schemes and announcements, are to name a few.