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Ludhiana machinery expo GMMSA gets a big response

GMMSA (Garments Machinery Manufacturers and Suppliers Association) expo was held in Ludhiana, January 3 to 6, 2020. The event witnessed more than 50,000 visitors. Some 200 exhibitors across 16 countries participated. There was a vast array of Chinese, Korean, Taiwanese and European machines, ranging from knitting machines, mini boilers to packaging machines. Productivity and efficiency were the key focus of new technology at the event.

Good winter season has created opportunities for garment manufacturers of Ludhiana. 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 it is now loud and clear to the city’s manufacturers that for survival advanced infrastructure, more focus on product development and a changed mindset is a must. Many garment manufacturers of Ludhiana are facing the issue of long credit periods, as in the domestic market they have a payment cycle of almost six months. To manage this payment cycle they need to have enough resources. As this factor also increases costs, they are now seriously working to reduce the credit period.

 
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