Provides you with a 2D texture placement manipulator for the selected surface. When you create a 2D texture, an icon for the Texture Placement Tool appears in Maya’s tool bar.
For more information, see Texture placement vs. label mapping.
Texturing > NURBS Texture Placement Tool > Texture Placement Settings >
Controls which of the texture’s 2D Texture Placement attributes you can interactively adjust—Surface placement or Label Mapping.