Subsidy Support given to Textile Units in Maharashtra


Mumbai/New Delhi, 9 February 2022

 

Ministry of Textiles has been providing subsidy support to textile industry, including Micro, Small and Medium Enterprises (MSMEs) and small textile manufacturing units across the country including Maharashtra through schemes such as Amended Technology Upgradation Fund Scheme (ATUFS) and PowerTex India.

Under Amended Technology Upgradation Fund Scheme, the Ministry has granted Capital Investment Subsidy (CIS) for technology upgradation @ 15% for garmenting and technical textiles segments with a cap of Rs. 30 crores. CIS has been given @ 10% for weaving, processing, jute, silk and handloom segments with a cap of Rs. 20 crores. These subsidies have been given to individual entities, for implementation during the period January 2016 to March 2022.

Under PowerTex India Scheme, assistance has been given for in situ upgradation, yarn bank scheme and work shed projects for strengthening decentralized powerloom sector during April 2017 to March 2021.

A total assistance of Rs. 314.80 crores under ATUFS and Rs. 40.51 crores under PowerTex India have been provided to textile units in Maharashtra during the above period.

Support provided to textile units in Maharashtra under ATUFS and PowerTex India

Sl. No.

Name of the Scheme

Number of units/ beneficiaries

Amount of assistance (in Rs. crore)

1.

Amended Technology Upgradation Fund Scheme (ATUFS)

785

314.80

2.

PowerTex India Scheme

In situ scheme – 3,351

30.71

Work shed projects – 18

7.01

Yarn Bank projects – 11

2.80

 

This information was given by the Minister of State for Textiles, Smt. Darshana Jardosh in a written reply to a question in the Lok Sabha today.

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PIB Mumbai | DJM/ST/DR

 

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    Source PIB