There are two reasons for the delayed delivery of textile machinery in India

India's textile machinery sector has experienced significant growth. In the fiscal year 2004-2005, sales revenue for the industry reached 16.5 billion rupees, marking an increase of 2.5 billion rupees compared to the previous year. This growth reflects a strong demand for modernization and expansion in India’s textile industry. Despite this positive trend, the sector still faces a critical shortage of machinery. Many textile companies report long waiting periods—often up to one or two years—before receiving their orders. Meanwhile, production deadlines are typically much shorter, with orders needing to be completed within 10 to 12 months. This mismatch creates pressure on manufacturers and delays in project timelines. Lakshmi Mechanical Engineering, a leading firm based in Coimbatore, is struggling to meet the rising demand. The company currently takes around 18 months to fulfill new orders, but it expects that with increased production capacity, this timeline will shorten to between 10 and 12 months by 2006–2007. However, the challenge remains substantial as demand continues to outpace supply. Two main factors contribute to the delays in machinery delivery. First, the rapid expansion of textile companies is creating an urgent need for equipment, while the supply side is unable to keep up. Second, the Ministry of Textiles’ technical reform fund program is set to end in March 2007, prompting many companies to rush and place orders before the deadline. This surge in demand is further straining the already limited supply chain. According to consultants from the Indian Textile Machinery Manufacturers Association, the country is expected to require 12 million additional spindles over the next five years. However, domestic manufacturers can only plan to produce an additional 10 million spindles during the same period. This gap highlights the growing need for investment, innovation, and expansion in the Indian textile machinery sector to meet future demands.

Polyethylene Glycol

Polyethylene Glycol,Polyethylene Glygcol,Poly Ethylene Glycol,Polyethylene Glycol Series

Jiangsu Zhongluman New Material Technology Co., Ltd , https://www.rozhmch.com