ATUFS

ATUFS2018-07-13T04:35:52+00:00

Amended Technology Up-Gradtion Fund Scheme (ATUFS)

DURATION OF THE SCHEME

The scheme will be effective from the date of 13/01/2016 to 31/03/2022.

CUT-OFF DATE

There would be an online pre-authorization system for each eligible application by the Textile Commissioner, Mumbai. Applications would be processed on a first come first served basis, subject to eligibility and availability of funds. Request for UID shall be entertained only within 6 months from the date of sanction of a term loan.

Eligible Segment Under the scheme

Sr. No. Segments
1 Weaving, Weaving Preparatory and Knitting
2 Processing of fibres, yarns, fabrics, garments and made-ups.
3 Technical Textiles
4 Garment / Made up manufacturing
5 Handlooms
6 Silk
7 Jute

Quantum of Capital Subsidy

Sr. No. Segments RATE OF CAPITAL
INVESTMENT SUBSIDY (CIS)
CIS PER INDIVIDUAL
ENTITY
1 Garmenting, Technical Textiles 15 % on eligible Machines Rs. 30 crores
2 Weaving for brand new Shuttle-less Looms (including weaving preparatory and knitting), Processing, Jute, Silk and Handloom. 10% on eligible Machines Rs. 20 crores
3 Composite unit / Multiple Segments – If the eligible capital investment in respect of Garmenting and Technical Textiles category is more than 50% of the eligible project cost. 15 % on eligible Machines Rs. 30 crores
4 Composite unit / Multiple Segments – If the eligible capital investment in respect of Garmenting and Technical Textiles category is less than 50% of the eligible project cost. 10% on eligible Machines Rs. 20 crores