An industry-friendly software i-ATUFS to be put in use for the Amended Technology Upgradation Fund Scheme, which is welcomed by Southern India Millâ€™s Association (SIMA).
The association chairman M. Senthil Kumar said that the software will bring in transparency and tracking facility and might be a complete solution for the problems faced by the Ministry, beneficiaries and the lending agencies in the scheme.
The Central Government had notified the ATUFS in January this year and issued a resolution for the scheme on February 29. It has also considered the demand for allocation of UIDs since September 2014 for all the eligible applicants under the RR-TUFS.
The ATUFS will extend 10 percent capital subsidy to all weaving and processing machines subject to a maximum of Rs. 20 crore and a 15 percent capital subsidy to a maximum of Rs. 30 crore to garmenting, technical textiles, and composite units with garmenting or technical textile facilities.
A weekly report covering market and price information on the entire chain of polyester along with online access to daily polyester chain prices.
One-time reports that are issued annually cover the demand and supply trends in individual products including polyester, nylon, acrylic, viscose, and cotton.
One-time reports that are issued annually cover the demand and supply trends in the individual country's natural and manmade fiber/filament industries.
Countries Served Worldwide