Coherence and entanglement are the two most crucial resources for various quantum information processing tasks. Here, we study the interplay of coherence and entanglement under the action of different three qubit quantum cloning operations. Considering certain well-known quantum cloning machines (input state independent and dependent), we provide examples of coherent and incoherent operations performed by them. We show that both the output entanglement and coherence could vanish under incoherent cloning operations. Coherent cloning operations on the other hand, could be used to construct a universal and optimal coherence machine. It is also shown that under coherent cloning operations the output two qubit entanglement could be maximal even if the input coherence is negligible. Also it is possible to generate a fixed amount of entanglement independent of the nature of the input state.