What is the Amended Technology Upgradation Fund Scheme (ATUFS)?
ATUFS is a credit-linked Capital Investment Subsidy (CIS) scheme launched by the Ministry of Textiles to encourage investment, employment generation, quality improvement, and export promotion in the textile and garment industry.
Who is eligible to apply for the ATUFS scheme?
Eligible entities include: - Handloom sector - Silk sector - Jute sector - Technical textiles - Garment/made-up manufacturing - Units involved in processing fibre, fabric, garments, or yarn - Weaving preparatory and knitting units Note: Only individual entities, not individual units, are eligible.
What is the subsidy rate under the ATUFS scheme?
The Capital Investment Subsidy (CIS) is available at: - 10% (up to ₹20 crore) for weaving using new shuttle-less looms, silk, handloom, jute, etc.- 15% (up to ₹30 crore) for technical textiles and garments- 10% (up to ₹20 crore) for composite units where tech textiles/garments are <50% of the cost- 15% (up to ₹30 crore) for composite units where tech textiles/garments are >50% of the cost
What are the key objectives of ATUFS?
- Promote exports and employment, especially for women- Encourage technical textiles- Upgrade loom technologies to improve quality/productivity- Reduce import dependency by enhancing domestic textile quality <br>
Is ATUFS applicable to machinery purchase?
Yes, the scheme is linked to capital investment, particularly the installation of new machinery in textile manufacturing, processing, and garmenting units.
What is the process to apply under the ATUFS scheme?
- Install the eligible machinery - Apply online via the iTUFS portal- Application is verified by stakeholders - UID is generated- Track progress and receive updates via SMS/email- Post-approval, funds are released by the Ministry <br>
Is there any fee or document required for applying?
No documents are required at the initial application stage. However, machinery installation and inspection by stakeholders are mandatory for fund release.
What kind of textile projects are supported under ATUFS?
The scheme supports projects related to: - Weaving and knitting - Technical textile production - Fibre, fabric, and garment processing - Apparel and made-up manufacturing - Loom modernization in silk, handloom, and jute sectors <br>
Can I apply for the scheme before installing machinery?
No. The application process can be initiated only after machinery installation, as it requires joint inspection by stakeholders before approval.
How can I track my ATUFS application status?
Once submitted, a Unique Identification Number (UID) is generated. This UID can be used to track your application online and opt for SMS/e-mail alerts about its progress.