Are you in the field of textile or apparel manufacturing industry, and you’re seeking ways to increase efficiency, output quality and profits, then using the Technology Upgradation Fund (TUF) might just be the most important factor for your business’s success. It was created in collaboration with the Ministry of Textiles under the Make in India and Zero Defect, Zero Effect initiatives The scheme will help you upgrade your machinery and save money by utilizing government subsidies.
Technology Upgradation Fund Apply Online: Step-by-Step Application Process
Are you thinking of applying for this Technology Upgradation Fund? It’s much easier than you believe. This is how you can do it in a couple of easy steps:
Step 1: Install the Right Machinery
Before you apply, you must first install the appropriate benchmark equipment within your textile unit. After that, you are able to start the process of applying.
Step 2: Visit the iTUFS Online Portal
Visit the official website to apply for amended Technology Upgradation Fund Scheme (ATUFS). The portal allows you to apply, upload your documents, and keep track of your progress.
Step 3: Fill and Submit the Online Form
Include the information about your business or project including:
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Details about the machinery
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The proof of installation
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Bank details
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Factory where it is located and who owns it
Step 4: Verification and UID Generation
Your application will be reviewed by several stakeholders. Once the review is completed and approved, you’ll be issued an unique identification number (UID). This UID allows you to monitor applications online.
Step 5: On-Site Inspection and Fund Release
An conjoint inspection is carried out by officials from the government to verify your claim. After the inspection is approved the subsidy is paid directly to your account at the bank..
Pro Tip: Always have your bank statements, invoices and photographs of machinery on hand to prevent delays.
Technology Upgradation Fund Eligibility: Who Can Apply?
It’s true that the Technology Upgradation Fund isn’t limited to big manufacturers. If you’re handloom weaver or an tech-oriented textile business or garment manufacturer is likely to be qualified if you belong to the following categories:
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Handloom industry
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Silk production units
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Jute manufacturing
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Garment, and made-up manufacturing
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Weaving and knitting units for the preparation of units
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Textiles with technical properties
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Fabric, fiber, and yarn processing units
The criteria for eligibility is determined by:
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The type of business and the sector
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What type of equipment is used
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Percentage of the project’s cost that is allocated to eligible segments
Real-World Story: A Business Turnaround in Tirupur
Let’s get to know Rajesh who is a garment exporter located in the city of Tirupur. Inundated by poor-quality output because of aging equipment, Rajesh almost gave up until he came across his way to the Technology Upgradation Fund. The application was online, he got his UID and, after five months was awarded 18 lakhs in subsidies. The exports doubled, the quality improved, and now the company is adding two units.
“This scheme gave my business a second life,” the author says. “I did not think that how the federal government could make so easy to expand. “
Benefits of the Technology Upgradation Fund
The most popular attraction? Capital Investment Subsidy (CIS) based on your business’s sector:
| Sector | Subsidy Rate | Maximum Amount |
|---|---|---|
| Shuttle-less loom weaving (silk, jute, handloom) | 10% | Rs20 crore |
| Technical fabrics and garments | 15% | Rs30 crore |
| Composites (<50 percent for technical textiles) | 10% | Rs20 crore |
| Composites (>50 percent of technical fabrics) | 15% | Rs.30 crore |
Official subsidy structure (PDF)
What Kind of Machinery is Eligible?
In order to receive subsidies, equipment must meet government standards. These categories are:
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Looms that do not require shuttles
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Knitting equipment and preparation machines
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Manufacturing tools for garments
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Textile processing machinery
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Equipment for production of technical textiles
See the complete list of machines below (PDF)
Why Apply for the Technology Upgradation Fund With Confidence?
Making an application for government-sponsored schemes may be daunting, but not with this one.
Here’s a reason to be sure and apply for a job confidently:
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Transparent online tracking using the iTUFS Portal
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No intermediaries are needed because it’s completely digital
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Backed by the Government of India
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Reduces expenses by up to 30% on capital investment
Useful Resources
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Amended Technology Upgradation Fund Scheme (ATUFS)
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iTUFS Online Application Portal
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Ministry of Textiles Official Website
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Zero Defect, Zero Effect Program
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Make in India
Final Words: Upgrade Today, Compete Tomorrow
The Technology Upgradation Fund is more than a financial aid program – it’s an transformative instrument for companies in the textile industry that are striving to meet international standards. If you’re just beginning your journey or are looking to expand the business, this scheme that’s backed by the government gives you the leverage to improve, expand and grow and compete without assuming the entire financial burden on your own.
Are you ready to take that jump? Apply online today and be part of the growing trend of Indian textile firms that are going global!