| Scheme Name | Amended Technology Upgradation Fund Scheme. |
|---|---|
| Sponsoring Agency/Department | Ministry of Textiles, Government of India. |
| Objective | To promote ease of doing business, generate employment, and boost exports through technology upgradation in the textile industry under the "Make in India" initiative. |
| Eligible Beneficiaries | All Entities engaged in specified textile sectors in India. |
| Eligible Activities | Technology upgradation in sectors like weaving, knitting, processing, technical textiles, and garment manufacturing. |
| Eligible Components | Benchmark machinery specified under the scheme for various textile sectors. |
| Benefits | Credit-linked capital investment subsidy ranging from 10% to 15%, subject to sector-specific ceilings. |
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Got any questions?
We provide consultancy for various government subsidies, including those for agriculture, manufacturing, MSMEs, exports, technology upgrades, and infrastructure development.
We offer end-to-end support, from assessing eligibility to preparing and submitting subsidy applications, ensuring maximum benefits with minimal hassle.
The timeline varies based on the type of subsidy and government processing times. However, we streamline the process to ensure faster approvals.
Yes, we have successfully assisted over 750 clients across India and continue to expand our reach to help more businesses benefit from subsidies.
The required documents depend on the specific scheme but generally include business registration certificates, financial statements, project reports, and compliance documents. We guide you through the entire documentation process.
