Textile boom boosts LMW's market share: Export drive continues

摘要

With the textile industry witnessing an unprecedented boom, most of the textile machinery manufacturers are expanding and diversifying with a view mainly to pushing their sales. In the emerging situation, the Coimbatore-based Lakshmi Machine Works Ltd. (LMW), Asia's leading and the world's third largest spinning machinery manufacturer, has been able to considerably improve its market share. The demand for its products is so surging that the company feels constrained to dictate an 18-month waiting period for delivery of machines.