Related Keywords: greenfield project, Lakshmi Machine Works, opting faster air jet looms, opting to upgrade units, produce compact yarn, retrofits cost lower, SIMA, spinning mills, Textile machinery major
A large number of spinning mills in the region are increasingly opting to upgrade their units to produce compact yarn through retrofits. They are also installing compact yarn spinning systems in their Greenfield project as well as for expansion. According to K Selvaraju, secretary general, Southern India Mills' Association (SIMA), mills are opting for retrofits as the costs are lower and weaving units are opting for faster air jet looms.
