ATUFS - Amended Technology Upgradation Fund Scheme

The Amended Technology Upgradation Fund Scheme (ATUFS), under the Ministry of Textiles, aims to facilitate employment, investment, quality, productivity, as well as import and export substitution in the textile industry while also indirectly promoting investments in the manufacturing of machinery for textiles.

This is a credit-linked subsidy scheme for capital investment in the manufacturing and textiles sector under the Make in India as well as Zero Defect and Zero Effect initiative of the Government of India.

Features & Benefits of ATUFS

Eligible individual entities (not units) are entitled to avail reimbursement of the Capital Investment Subsidy (CIS) according to the rates that are given below:

Segment Rate of CIS
Weaving using new looms that are shuttle-less processing handloom, silk, and jute (includes knitting and weaving preparatory) 10% subject to Rs.20 crore upper limit
Technical textiles, garmenting 15% subject to Rs.30 crore upper limit
Multiple segments/composite unit where the capital investment for garmenting and technical textiles is less than 50% of project cost 10% subject to Rs.20 crore upper limit
Multiple segments/composite unit where the capital investment for garmenting and technical textiles exceeds 50% of project cost 15% subject to Rs.30 crore upper limit

Eligibility Criteria

The following entities are eligible for this scheme:

  1. Silk sector
  2. Handloom sector
  3. Technical textiles
  4. Jute sector
  5. Madeup/garment manufacturing
  6. Processing fabrics, fibres, garments, madeup, and yarns
  7. Weaving preparatory, weaving, and knitting

Registration Process

After the machinery is installed, the applicant can submit an online application for undergoing a joint inspection.

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