National

Over half of TUFS approvals go to Gujarat 

Our Bureau Ahmedabad | Updated on July 22, 2014

At a meeting with the stakeholders of the textiles industry and entrepreneurs, the Textile Commissioner, Kiran Soni Gupta informed that of the total applications sanctioned under the Technology Upgradation Fund Scheme (TUFS) over half of them were from Gujarat.

In her interaction with stakeholders at Ahmedabad Textile Industries Research Association (ATIRA) on Tuesday, Ms Gupta noted that the entrepreneurs from Gujarat were keen to adopt the new technologies for growth of textile industry.

Giving details about the TUFS scheme, she informed that under the 15-per cent margin money subsidy (MMS) 2897 applications sanctioned from Gujarat out of 3200 applications sanctioned nationally. Similarly under 20 per cent MMS, 1160 application were sanctioned out of 4154 applications sanctioned to all over India.

Ms Gupta also visited the Centre of Excellence for Composite Technical Textiles setup in ATIRA campus.

Commenting on the Modified Group Workshed Scheme (MGWSS), she said that at the recently held Project Approval Committee meeting for MGWSS, out of the total 27 proposals sanctioned nationally, 21 projects were from Gujarat.

“It is expected that modernised worksheds are essential to house the modern looms in order to achieve quality and efficiency,” she said. In the said scheme Rs.300 per sq.ft will be given by the Office of the Textile Commissioner for construction of workshed for housing modern powerlooms.

“These 21 worksheds will have around 1427 shuttleless looms mostly water jet and rapier looms, attracting an investment of Rs 90 crore along with preparatory machinery and employ over 4500 people,” she told the entrepreneurs appealing them to take benefits of the schemes.

The meeting was targeted to sensitise entrepreneurs from decentralised sector and encourage them to modernise their unit and manufacture defect-less quality fabric at competitive price so as to compete in global market and meet growing clothing demand of the Indian consumers.

Published on July 22, 2014

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