Technology Upgradation Fund Scheme (TUFS)
Interest subsidy for textile industry modernization
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TUFS provides interest subsidy and capital investment support to textile and jute industries for technology upgradation. The scheme covers spinning, weaving, processing, and garmenting segments with focus on modernization and energy efficiency.
Textile and jute manufacturing units. MSMEs and large enterprises eligible. Project should involve technology upgradation. Minimum investment ₹10 lakh required.
- Udyam Certificate
- Project Report
- Financial Statements
- GST Registration
- Land Documents
- Environmental Clearance
- Bank Account
5% interest reimbursement for 7 years, additional 2% for water jet and air jet looms, capital subsidy component available, promotes energy-efficient machinery.
Data Accuracy Notice
Information verified as of March 2025 from official government sources. Scheme details, eligibility, and loan amounts may change. Always verify current information on the official portal before applying.
Visit the official government portal to apply for this scheme. Make sure you have all required documents ready.
Rajesh Sharma, CA
Mumbai · ⭐ 4.9 (127)
"Helped 500+ MSMEs secure loans"