Amended Technology Upgradation Fund
The Ministry of Textiles introduced the Amended Technology Upgradation Fund Scheme (ATUFS). This scheme aims to facilitate investment, employment, productivity, quality and import and export substitution in the textile industry.
- Ministry / Department
- Ministry Of Textiles
- Level
- Central
- Benefit type
- cash
Amended Technology Upgradation Fund क्या है?
The Ministry of Textiles introduced the Amended Technology Upgradation Fund Scheme (ATUFS). This scheme aims to facilitate investment, employment, productivity, quality and import and export substitution in the textile industry.
- लाभ
- > **ATUFS benefit is available for investment in benchmarked machinery in the following segments:** - Weaving, weaving preparatory, and knitting - Processing of fibres, yarns, fabrics, garments, and made-ups - Technical textiles - Garment/made-up manufacturing - Handloom sector - Silk sector - Jute sector **Capital Investment Subsidy (CIS) is provided as per segment and rates below:** S. NoSegmentCIS RateCIS Cap per Entity1Garmenting, Technical Textiles15% on eligible machines₹30 crore2Weaving (Shuttle-less looms, preparatory, Jute, Silk, Handloom)10% on eligible machines₹20 crore3(a)Composite units (Garmenting + Technical Textiles) > 50% investment in those segments15%₹30 crore3(b)Composite units with < 50% investment in Garmenting & Technical Textiles10%₹20 crore
- स्तर
- Central
- मंत्रालय / विभाग
- Ministry Of Textiles
- लाभ का प्रकार
- cash
- मुख्य पात्रता
- > **Eligible Entities** - Units must be registered under the Companies Act or as per MSME definitions. - Units must have an acknowledgment of IEM (Industrial Entrepreneur Memorandum) or be registered with the respective State Directorate. - Both existing and new units are eligible, subject to overal
- अंतिम सत्यापन
- Recently
Benefits
> **ATUFS benefit is available for investment in benchmarked machinery in the following segments:** - Weaving, weaving preparatory, and knitting - Processing of fibres, yarns, fabrics, garments, and made-ups - Technical textiles - Garment/made-up manufacturing - Handloom sector - Silk sector - Jute sector **Capital Investment Subsidy (CIS) is provided as per segment and rates below:** S. NoSegmentCIS RateCIS Cap per Entity1Garmenting, Technical Textiles15% on eligible machines₹30 crore2Weaving (Shuttle-less looms, preparatory, Jute, Silk, Handloom)10% on eligible machines₹20 crore3(a)Composite units (Garmenting + Technical Textiles) > 50% investment in those segments15%₹30 crore3(b)Composite units with < 50% investment in Garmenting & Technical Textiles10%₹20 crore
Eligibility
Documents Required
How to Apply
Step 1: Online application — step 1
Step 1: A unit/applicant can apply for ATUFS after the machinery is installed for undergoing a joint inspection.
Step 2: Online application — step 2
Step 2: The applicant can submit the ATUFS application online on the iTUFS online portal.
Step 3: Online application — step 3
Step 3: Once the application is submitted, it will be forwarded to different stakeholders for verification.
Step 4: Online application — step 4
Step 4: A Unique Identification Number (UID) is generated and provided to the applicants.
Step 5: Online application — step 5
Step 5: Applicants can track the application online and can opt to get SMS/e-Mail updates about the application status through the UID.
Step 6: Online application — step 6
Step 6: After the stakeholders approve, the Ministry of Textiles will release the funds.
Sources & References
- Official scheme website ↗
- Source record ↗
- Information is summarised from official government sources. Verify all details on the official website before applying.
Ready to apply?
Applications are accepted only on the official government portal.
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