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There are two reasons for the delayed delivery of textile machinery in India
India's textile machinery sector has seen impressive 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 modern textile equipment across the country.
Despite this positive trend, India’s textile industry continues to face a critical shortage of machinery. Many textile companies are experiencing long waiting periods—often up to one or two years—before they can receive their orders. However, the production timelines for these companies are much shorter, typically requiring completion within 10 to 12 months. This mismatch creates significant pressure on manufacturers and disrupts business operations.
Lakshmi Mechanical Engineering, a leading manufacturer based in Coimbatore, is struggling to meet the rising demand. The company currently takes about 18 months to fulfill new orders. However, with planned expansions in production capacity, it expects to cut delivery times to between 10 and 12 months by 2006–2007. This shift could help ease some of the bottlenecks in the supply chain.
The delays in machinery delivery are driven by two main factors. First, many textile companies are expanding rapidly, increasing their need for advanced equipment faster than the supply side can keep up. Second, the Ministry of Textiles' technical reform fund program is set to expire in March 2007, prompting companies to rush orders before the funding ends. This urgency has further intensified the demand for machinery.
According to consultants from the Indian Textile Machinery Manufacturers Association, the industry will require 12 million additional spindles over the next five years. However, domestic manufacturers are only capable of producing around 10 million spindles during that period. This gap highlights the urgent need for increased investment and production capacity to support India's growing textile sector.