We are excited to announce that Paramount Looms will be an esteemed exhibitor at SIMA TEXFAIR 2024, the premier platform for manufacturers and suppliers in the textile industry.
As leaders in the textile loom and weaving machinery sector, we are eager to showcase our latest innovations and solutions designed to propel the textile industry into the future.
The Indian textile and clothing industry is on an ambitious path to capture a market worth US $350 billion by 2025, with an annual growth rate of 11%. This growth trajectory is driving significant demand for advanced loom machinery across various sectors:
- Spinning: 30 Million Spindles
- Weaving: 500,000 Shuttleless Looms
- Knitting: 50,000 Machines
- Processing: 30 Billion sq. meters
- Garment: 500,000 Machines