The European Committee of Textile Machinery Manufacturers is organising the International Exhibition of Textile Machinery (ITMA) - 2011 at Barcelona (Spain) from September 22 to 29, according to a press release by P. Sivanarayana, Assistant Director of the Powerloom Service Center (PSC), Ministry of Textiles.

He said that it was an excellent opportunity for entrepreneurs to study the modern textile-making processes and gathering business intelligence, and best practices from around the world.

Those interested in participating in the event can contact the PSC over phone number 040-27627885.

Mr. Sivanarayana said that the Ministry of Textiles has announced the reintroduction of a Restructured TUFS (Technology Upgradation Fund Scheme) with effect from March 29, 2011. The Cabinet Committee on Economic Affairs (CCEA) has approved the revised TUFS by allotting Rs 74.04 billion for fresh applications and clearing pending dues.