Government of Tamil Nadu
Organisation Structure

TAMILNADU STATE COIR COPERATIVE MARKETING FEDERATION Ltd (TANCOFED)
                        The Tamilnadu State Coir Cooperative Marketing Federation Ltd., called as “TANCOFED” an Apex Coir Marketing organization was registered on 5-9-1984 and started on on 12-11-1984. There are 54 Primary Coir Cooperative Societies as its members with a paid up share capital of  Rs.33.63 lakh which includes Government’s share of Rs.33.32 lakh The main object of the Society is to improve the marketing of coir products produced by the member Coir Cooperative Societies and thereby to improve their financial viability and sustain their working members in continuous employment.
The performance of the Society is detailed below:                    (Rs. In lakhs)


Year

Sales

Profit / Loss for the year

Cumulative loss

2005-2006

84.17

(-) 5.19

(-) 63.55

2006-2007

87.21

(+)1.12

(-) 62.43

2007-2008

89.85

(+)0.35

(-) 62.08

2008-2009

100.06

(+)2.20

(-) 59.88

2009-2010

100.21

(+) 1.63

(-) 58.28

2010-11

160.44

(+) 2.86

(-) 55.42

2011-12

87.38

(+) 0.43

(-)53.65

2012-13

107.79

(+) 0.39

(-) 53.70

2013-14

135.16

(-) 2.27

(-) 56.81

                        In addition to marketing activities, TANCOFED is the implementing agency for Tamilnadu Integrated   Coir   Development   Project.    
A sum of Rs.172.61 lakh has been released by the State Government as loan, for the implementation of the project.  The project is under implementation.
                        Secondly, the Federation is also implementing Part II schemes.  Various training programmes to the Coir Workers, Exposure tour to Kerala for Coir Entrepreneurs of Tamilnadu, Demonstration on application of Coir Geo Textiles, Providing Margin Money Assistance to SSI private Coir value added units, Conducting Seminars are the Part II schemes being implemented by TANCOFED. Besides, it is also monitoring the implementation of 6 Coir Industry Clusters under SFURTI in the State.