FICCI  Welcomed the government approval of the Amended TUFS (ATUFS) saying this has come as a great relief to the industry especially when the exports were declining in textile and apparel sector.

“The focus on employment generation and export under the new TUFS by encouraging apparel and garment industry and promotion of technical textile sector, is indeed a welcome step which will help in furthering the cause of Make in India” Textiles and Technical Textiles Committee Chairman Shishir Jaipuria.

The Cabinet approval has removed this apprehension and done away with the uncertainty by clarifying that all cases pending with the Office of Textile Commissioner which are complete in all respects, shall be provided assistance under the ongoing scheme and the new scheme will be given prospective effect, he said.

Image Courtesy: jaipuria.edu