Lakshmi Ring Travellers, Coimbatore (LRT) was incorporated in 1974. LRT’s operation has been organised into independent business specific clusters. Each of these business unit has its own facilities for market coverage and service to customers.
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Vikram Mahaldar, MD and CEO, OCM Private Limited, speaks on global market size for suiting and shirting fabrics, and performance of OCM this year.
The COVID-19 pandemic has put personal protective equipment (PPE) in the spotlight and made PPE a common term among the public, say Rajanna L Gotipamul and PV Kadole.
Except spinning, majority of the textile and apparel machinery demand of India is being fulfilled through imports, especially for investments in latest technology machines by large/organised mills.
Home textiles have been a major part of global textile trade and it comes as no surprise. The ever-improving economic status of people supported by various modern financial innovations has enabled families to invest higher amounts into the home textiles segment.
COVID 19 pandemic has raised the awareness about safety and hygiene with companies fast-tracking their product development processes to meet evolving market needs. Clothing brands are also snapping it up to protect fashion consumers from COVID19.
Global textile machinery market is witnessing tremendous growth buoyed by growing demand of textile and apparel market.