Amended Technology Upgradation Fund Scheme

Ministry/Department:  Ministry of Textile
  1. Employment generation and export by encouraging apparel and garment industry, which will provide employment to women in particular and increase India’s share in global exports.
  2. Promotion of Technical Textiles, a sunrise sector, for export and employment
  3. Promoting conversion of existing looms to better technology looms for improvement in quality and productivity
  4. Encouraging better quality in processing industry and checking need for import of fabrics by the garment sector.
The amended scheme would give a boost to “Make in India” in the textiles sector; it is expected to attract investment to the tune of one lakh crore rupees, and create over 30 lakh jobs.
Factual Information:
  • Old TUFS started in 1999
  • ATUFS in 2015

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