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Have you sought any fund from the Centre towards technology upgradation for the textile machinery-manufacturing segment?

April 26, 2017Centre fund segment sought Technology Textile upgradation

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Have you sought any fund from the Centre towards technology upgradation for the textile machinery-manufacturing segment?

1 Answer

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Both the CII and the TMMA (Textile Machinery Manufacturers Association) have made representations to the Government. The industry has estimated the requirement at Rs 1,500 crore spread over 3 to 4 years. It is like the technology upgradation fund (TUF) for the textile sector.