Technology Upgradation Fund Scheme (TUFS)
Capital subsidy for technology upgradation in textile sector
Amount Range
Subsidy up to 15%
Timeline
60-90 days
Subsidy
Up to 15%
Overview
TUFS provides capital subsidy and interest subvention for technology upgradation in the textile and jute industry.
Key Benefits
Capital subsidy up to 15%
Interest subvention of 5%
Applicable on plant and machinery
Covers technology upgradation
Eligibility Criteria
Business Types
Sole ProprietorPartnershipPvt Ltd
Categories
GENERALWOMENSC/STMINORITY
Purposes
Equipment
Required Documents
Company Registration Documents
MSME Registration
Project Report
Machinery Quotations
Bank Loan Sanction Letter
Frequently Asked Questions
Textile industry including spinning, weaving, processing, and garment manufacturing are eligible for TUFS benefits.
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