Garment Machinery Manufacturers and Suppliers Association (GMMSA) was held in Ludhiana from January 25 to 28, 2019. This is a show dedicated to knitting and sewing technology. It had a good number of players displaying value addition machinery, be it embroidery, printing or laser cutting. Many Chinese companies exhibited circular and flat knitting machines. There were some players offering chemicals, inks and trims.
Visitors included big as well as emerging garment firms of Ludhiana. Exhibitors and visitors felt that currently overall business is good and they are hopeful about the coming months too. Some players in Ludhiana are continuously focusing on new offerings and product developments. As survival is all about offering newness in products, they are going in for advanced infrastructure.
Apparel manufacturers of Ludhiana are geared up for growth considering the good winter season. But city’s manufacturers have realized for for survival advanced infrastructure, focus on product development and a changed mindset is a must. Many garment manufacturers are facing issues of long credit periods, as in the domestic market they have a payment cycle of almost six months. To manage the payment cycle they need to have enough resources. As this factor also increases costs, they are now seriously working to reduce the credit period.