Related Keywords: from blow room to ring frame, Lakshmi Machine Works, manufacturing value-added products, range of products, southern markets attractive, textile machinery manufacturer
Lakshmi Machine Works, major textile machinery manufacturer and the only company in Asia outside Europe to manufacture OE products for Mikron of Switzerland feels that southern markets are attractive market for its range of products.
According to R Rajendran, Chief Financial Officer and Director (Finance), LMW, more than 40 percent of their textile machinery sale is in the south zone. While new projects are slow in coming and Greenfield projects even fewer in number, the existing mills are doing well and going for marginal expansion/ modernisation.
