Scheme for Assistance to Strengthen Specific Sectors in the Textile Value Chain
Assistance for Technology Acquisition and Upgradation
1. Name of the Scheme
Assistance for Technology Acquisition and Upgradation.
2. Governed By
Industries & Mines Department, Government of Gujarat (State Government)
3. Operative Period
From : 04.09.2018
To : 31.12.2023
4. Who will be eligible?
- Mere import of machinery or technology will not be considered as Technology Acquisition or Upgradation.
- The enterprise must acquire new or improved or upgraded technology from recognised R & D Institution or Collaborator.
- The new technology can be either indigenously or imported
5. Assistance Available
- Assistance of 50% of the investment for technology acquisition / upgradation with maximum limit of 25 Lakhs
- The assistance shall be provided once during operative period of scheme.