Hit by several factors, the textile and clothing industry in the country seems to have made minimal investment in expansions and new projects last year.The Union Ministry of Textiles announced the Restructured Technology Upgradation Fund Scheme (R-TUFS) in April 2011 with subsidy cap for each value adding segment, such as spinning, weaving and processing. The total subsidy amount allocated for 2011-2012 was & 1,972 crore.
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