About this scheme
Amended Technology Upgradation Fund Scheme provides capital subsidy on benchmarked textile machinery — spinning, weaving, processing, garmenting, technical textiles. 10-15% subsidy based on segment. Replaces the old TUFS.
What you get
- 10% subsidy on benchmarked spinning machinery
- 15% subsidy on weaving, knitting, processing, technical textiles, garmenting
- Subsidy capped at Rs. 30 lakh per unit (general) / Rs. 50 lakh (MSME segment)
- Subsidy is credit-linked — bank term loan required
- Repayment over 7 years with moratorium
- Stacks with state textile incentives
Who qualifies
MSMEs and large units in the textile value chain — spinning, weaving, knitting, processing, technical textiles, garmenting, machine carpets, embroidery. Must be a new unit or an existing unit undertaking expansion with benchmarked machinery from the approved list.
Available across India (central scheme).
How to apply
- 1Apply via i-TUFS portal (itufs.nic.in)
- 2Bank submits scheme application after sanctioning term loan
- 3iTUFS issues Unique Identification Number (UID)
- 4Joint Inspection Team verifies machinery installation
- 5Subsidy released to bank account in 4 tranches
Key terms and conditions
- Subsidy is back-end credit (reduces loan principal)
- 5-year operational lock-in
- Machinery must be from the approved benchmarked list
- Imported machinery permitted if benchmarked
What disqualifies you
- Second-hand machinery not eligible
- Non-benchmarked machinery rejected
- Trading/retail textile units excluded
Documents typically required
- Udyam registration
- GST registration
- Project report
- Bank loan sanction
- Machinery invoice
The content above is compiled from public information published by the scheme authority. Eligibility, benefits, and procedures are subject to change. Confirm details directly with the official portal before applying. BharatSeal does not process scheme applications.