Japan-based DMG MORI, a major machine manufacturers of the world, on Tuesday commenced its local production of textile machinery for the Indian market.
The production is being outsourced to Lakshmi Machine Works (LMW) here which makes possible a shorter lead time until delivery than domestic production in Japan, a company press release said here.
DMG MORIs highly-reliable machine contributes to boosting productivity of customers in the remarkably growing Indian market.
The CMX 600 Vi features wide work envelope, high rigidity, high-performance spindle and workability, maintainability and reliability, it said.
A total of 10 units would be manufactured per month from LMW.
The company provides products that are highly functional, reliable and worthy of investment to respond to customer needs in the world, it said.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app