In the last three years the Indian textiles industry has witnessed several transitions from a global recession to unprecedented price volatility. During the two years of the economic slowdown, the industry showed significant resilience in making a rapid turnaround, assisted by a series of fiscal stimuli and Plan Schemes of the government. The Restructured Technology Up gradation Funds Scheme (TUFS) has now been allocated Rs 15,404 crores, almost double of the Rs 8000 crores originally approved for the 11th Five Year Plan. The Scheme for Integrated Textiles Parks (SITP), which has been designed to address India's need for developing world class infrastructure, has attracted green field investments of Rs. 3500 crores and generated employment to 3.5 lac textiles workers. The Integrated Skill Development Scheme (ISDS) of the Ministry of Textiles aims at training 26 lakh persons over a 5 year period, to address the skill gaps in various segments of the textiles value chain.