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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
other
Last verified: Recently

What is 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.

Benefit
> **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
Level
Central
Ministry / Dept.
Ministry Of Textiles
Benefit type
other
Key eligibility
> **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
Last verified
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

> **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 overalArea: IndiaBenefit: other

Documents Required

    How to Apply

    1. 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.

    2. Step 2: Online application — step 2

      Step 2: The applicant can submit the ATUFS application online on the iTUFS online portal.

    3. Step 3: Online application — step 3

      Step 3: Once the application is submitted, it will be forwarded to different stakeholders for verification.

    4. Step 4: Online application — step 4

      Step 4: A Unique Identification Number (UID) is generated and provided to the applicants.

    5. 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.

    6. Step 6: Online application — step 6

      Step 6: After the stakeholders approve, the Ministry of Textiles will release the funds.

    Sources & References

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    Applications are accepted only on the official government portal.

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