luckpandaAmended Technology Upgradation Fund Scheme (ATUFS)
Capital subsidy of 15% on benchmarked textile machinery capex (subject to a Rs 30 Cr cap per unit) for technology upgradation. Powerlooms qualify under the Weaving sub-segment with specified shuttleless/automatic looms.
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Definition
Capital subsidy of 15% on benchmarked textile machinery capex (subject to a Rs 30 Cr cap per unit) for technology upgradation. Powerlooms qualify under the Weaving sub-segment with specified shuttleless/automatic looms.
- SourceATUFS Scheme Guidelines, Resolution No. 28/5/2015-TUFS dated 13.01.2016 · Para 5 (Quantum) + Annex II (Eligible machinery list)
texmin.gov.in
Benefit
- Type
- capex subsidy
- What you get
- 15% of benchmarked machinery cost, capped at Rs 30 Cr per unit (Rs 20 Cr for some segments). Released after machinery purchase + JIT verification.
- Administered by
- Office of the Textile Commissioner, Ministry of Textiles
- Apply
- itufs.texmin.gov.in
Eligibility conditions
Single biggest capex subsidy for a Kolhapur powerloom upgrade — only benchmarked shuttleless/auto looms qualify, plain powerlooms covered separately under PowerTex In-situ Upgradation.
sectors=textile_weavingstates=anymsme=micro, small, medium, large
Citations
- SourceATUFS Scheme Guidelines, Resolution No. 28/5/2015-TUFS dated 13.01.2016 · Para 5 (Quantum) + Annex II (Eligible machinery list)
texmin.gov.in