Central Government Scheme of Fund for Regeneration of Traditional Industries (SFURTI)
SFURTI is a Scheme of Fund for Regeneration of Traditional Industries. Ministry of MSME has launched this scheme in the with the view to promote Cluster development. KVIC is the nodal Agency for promotion of Cluster development for Khadi as well as for V.I. products. As on date, a no. of 76 Clusters have come up as per the scheme and many of these clusters have been completed. The Revamped SFURTI Cluster will intensify the sustainability of the programme beyond the project period through creation of Special Purpose Vehicle (SPV) or deemed SPV. Further, the revamped guideline has added many new features for all round development of SFURTI clusters
Objective of the Scheme
• To organize the traditional industries and artisans into clusters to make them, competitive and provide support for their long term sustainability.
• To provide sustained employment for traditional Industry artisans and rural entrepreneurs.
• To enhance marketability of products of such clusters by providing support for new products, design intervention and improved packaging and also the improvement of marketing Infrastructure.
•To equip traditional artisans of the associated clusters with the improved skills and capabilities through training and exposure visit.
• To make provision for common facilities and improved tools and equipment’s for artisans
• To strengthen the cluster governance systems with the active participation of the stakeholders, so that they are able to gauge the emerging challenges and opportunities and respond to them in a coherent manner
• To build up innovative and traditional skills, improved technologies, advanced processes, market intelligence and new models of public-private partnerships, so as to gradually replicate similar models of cluster- based regenerated traditional Industries.
Who Can Apply
Any Individual or a private company looking for Business Opportunity
Indicative List of Industries
- Khadi Industries
- Mineral Based Industry
- Cottage Pottery Industries
- Lime Industries
- Forest Based Industry
- Medicinal Plants Industries
- Bee-keeping
- Minor Forest based Industries
- Agro Based & Food Processing Industry
- Pulses & Cereals Processing Industries
- Gur & Khandsari Industries
- Palmgur Industries
- Fruit & Vegetable Processing Industries
- Village Oil Industries
- Polymer & Chemical Based Industry
- Cottage Leather Industries
- Non-edible oils & Soap Industries
- Cottage Match Industries
- Plastics Industries
- Rural Engineering & Bio-Technology Industry
- Non-Conventional Energy
- Carpentry &Black smithy
- Electronics
- Hand Made Paper &Fiber Industry;
- Handmade Paper Industries
- Fiber Industries
- Service and Textiles Industry
- Apparel and garmenting
- Embroidery and surface ornamentations
- Fabric and yarn dyeing
- Services
How to Apply
The above eligible agency/organization has to submit the proposal to the State Office, KVIC and the same is to be scrutinized at State Level and Zonal Level before submitting to Scheme Steering Committee for approval.
How Can We Help?
- In-depth Guidance about project.
- Generate Inquires as per parameter
- Create Business Plans for SMEs
- Business Consultancy According To The Plan
- End to End Documentation Support
- Loan Sanction Support
- Subsidy Sanction Support
- Marketing Support
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