.png)
Leadpreneur's
Learn more about Amended Technology Upgradation Funds scheme in details...
The Capital Investment Subsidy scheme, which was implemented from 2016 to 2022, is a credit-linked initiative designed to stimulate capital investments aimed at the technological advancement and modernization of the textile sector.
In alignment with the objectives of 'Make in India' and the principles of 'Zero Defect and Zero Effect' in manufacturing, the government offers a credit-linked capital investment subsidy. This initiative aims to enhance investment, productivity, quality, employment, exports, and import substitution within the textile sector.
Additionally, it is expected to indirectly encourage investment in the manufacturing of textile machinery.
Benefits:
The program enhances investment, productivity, quality, employment, exports, and import substitution within the textile sector. Additionally, it indirectly encourages investment in the manufacturing of textile machinery that meets benchmark technology standards.
Scheme Provider:
Ministry of Textiles.
Eligible:
Textile Business, Male & Female both.
Domain:
Funding.
Link to scheme information:
http://texmin.nic.in/sites/default/files/Atufs_resolution_0.pdf
Link to Website:
https://texmin.nic.in/schemes/technology-upgradation-fund-scheme