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The burgeoning textile and apparel markets in India have aided the growth of the textile machinery sector in India. Currently, the textile machinery industry is playing an increasingly important role in India's textile and garment industry's transition from labor-intensive to modern and industrialized production. The Indian textile machinery sector is predicted to grow rapidly in the near future, thanks to the rising demand for textile machinery in both domestic and foreign markets.

The textile engineering industry in India is the oldest in the capital goods sector of the engineering industry, dating back more than five decades. The textile engineering sector has grown fast, with an annual installed capacity of Rs.38, 000 million and over 50,000 employees. Despite the fact that capacity utilization has improved to 72 percent from 55 percent the previous year, there is still room to improve capacity utilization.

Click to Read More:  https://www.growmax.io/blog/how-textile-machinery-spare-parts-manufacturers-can-move-online



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