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Turkey offers LMW good business

Lakshmi Machine Works has been having a strong presence in the Turkish market for over 20 years. It has a wide customer base. LMW has its own office at Istanbul and Kahramanmaras with a service set-up to offer faster and value-added services to its customers in Vietnam, Central Asia, Egypt, Iran and Pakistan.

The company has introduced its new Autoleveller Drawframe LDF3, Card LC 636 and a new compact spinning module, the new Drawframe LDF3, new Card LC636 and the new compact system.

Lakshmi Machine Works is a textile machinery manufacturing company. The company operates in two business segments: textile machinery segment, which consists of spinning preparatory machinery, accessories and parts, and another segment, which consists of machine tools, foundry division and advanced technology center. Lakshmi is planning new product roll outs. It would, in the next four years, offer the entire range of machinery from blow room to ring frame.

The company’s capacity utilisation levels have, for some time, hovered around 65 to 70 per cent. It feels the south is an attractive market for its range of products. More than 40 per cent of its textile machinery sales happens in the south zone. While the south zone tops in sales, inflow of new orders for Lakshmi is primarily from the west, followed by the south and the north.