Amended Technology Upgradation Fund Scheme
Amended Technology Upgradation Fund Scheme (A-TUFS) is a capital investment subsidy scheme aimed at boosting capital investments in technology upgradation and modernisation of textile industry. It aims to facilitate employment, investment, quality, productivity as well as export and import substitution in the textile industry. It also seeks to promote indirect investments in the manufacturing of machineries for textiles. Textile Ministry had further streamlined the procedures under this scheme to make it easier for the industries to benefit from it.