Technology Up-gradation/ Modernization fund

The Technology Upgradation Fund Scheme (TUFS), which is the “flagship” Scheme of the Ministry of Textiles, is the scheme for modernization and technology up gradation in the textile sector. This Scheme aims at making available funds to the domestic textile industry for technology upgradation of existing units as well as to set up new units with state of the art technology so that its viability and competitiveness in the domestic as well as international markets may enhance.

The Scheme covers the following segments:

– Wool scouring and combing
– Synthetic filament yarn texturising, crimping and twisting
– Spinning
– Viscose Staple Fibre & Viscose Filament Yarn (VFY)
– Weaving, knitting including non-wovens, fabric embroidery Garment/Made-up manufacturing/Design studio
– Processing of fibres, yarns, fabrics, garments and made-ups
– Silk reeling and twisting
– Technical Textiles & Non-wovens
– Cotton Ginning & Pressing

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