Luxmi Trading emerges as a reliable sourcing partner amid import uncertainty

By Staff Report June 5, 2025 7:26 pm IST

Global sourcing remains uncertain, and thus, localisation has gained momentum. Luxmi Trading is becoming a dependable partner that offers tailored components, domestic alternatives, and export-ready solutions for mission-critical industries.

How is Luxmi Trading addressing the challenges of fluctuating raw material prices and ensuring consistent supply for essential engineering components?
We deal with raw material price swings like most industrial buyers wish suppliers would — with deep product knowledge, real relationships, and on-the-ground hustle. When components become scarce or overpriced, we don’t just shrug. We go to factories, inspect machines, collect samples, and use our local and international network to find exactly what fits, both functionally and financially. A good example: a client’s machine was designed for Gates HTD timing belts but kept failing under load. Instead of blaming the machine or the spec, we sourced and delivered a Gates GT4 — a higher-grade, application-specific variant. The problem was solved, the machine was back up, and there were no recurring breakdowns. We stock smartly, anticipate demand from long-standing clients, and maintain direct lines with top-tier brands.

With increasing localisation efforts and reduced reliance on imports, how are you strengthening your domestic sourcing and supply chain partnerships?
We’re big believers in self-reliance. Over the years, we’ve built solid ties with domestic suppliers, MSMEs, and niche manufacturers, especially for critical components like valves, pipe fittings, and V-belts, where good Indian options are available. But localisation for us isn’t just a checklist. We test, verify, and stress-check every component before recommending it as a substitute for an imported one. Our responsibility begins right from sourcing. We ensure the quality is right, the specs match, and the machinery performs just as well (if not better). Where it makes sense, we blend sourcing — local for speed and value, global for precision or specific grades.

Are you exploring advanced materials or coatings in your product portfolio to improve durability and operational efficiency for heavy industries?
Yes — in demanding industries like steel, sugar, and mining, standard, off-the-shelf parts often don’t meet the harsh conditions. That’s why we specialise in supplying speciality bearings and power transmission components made from advanced alloys, high-temperature resistant coatings, and maintenance-free designs engineered to last much longer. We work closely with clients to identify the exact stresses and environmental factors their machines face—extreme heat, heavy loads, corrosive atmospheres, or constant dust and moisture. This helps us recommend or source custom-coated chains, stainless steel bearing units, and other tailored solutions that significantly reduce wear and tear. We focus on delivering smarter, more durable components that keep operations running smoothly and avoid costly breakdowns. Our clients operate their plants 24/7, so even a single hour of unplanned downtime can mean huge losses. We dig deep into performance data, factory visits, and real machine feedback to recommend the right parts for real-world conditions instead of supplying readily available components. This approach has often helped extend machinery life by months or years, drastically reducing maintenance frequency and unplanned outages.

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In light of the increasing emphasis on sustainability, are there innovations in your fluid handling or transmission product lines that promote energy efficiency or reduce environmental impact?Sustainability is embedded in everything we do, day in and day out. In fluid handling, we guide clients towards upgrading their systems with tight-sealing ball valves and precision-engineered gaskets that drastically reduce leakages, prevent wastage, and improve overall system integrity. Regarding power transmission, we prioritise energy-efficient timing belts and low-friction V-belts that reduce slippage and vibration while extending the equipment’s operational life. This means less frequent replacements and lower energy consumption over time. Beyond parts, we understand the impact of lubricants and greases on sustainability. For instance, one plant initially asked for standard grease. Still, after assessing their operating conditions, we sourced Addinol lubricants from Europe, which are known for their high performance and long-lasting properties. This switch meant fewer applications, less product waste, and a reduced environmental footprint without compromising machine efficiency. These are not flashy “green” marketing campaigns — they’re practical, cost-effective improvements that help our clients cut down energy use, reduce maintenance frequency, and lower their overall environmental impact, all while keeping operations smooth and uninterrupted.

What strategic steps are you taking to expand your reach in high-growth sectors like mining, power, or defence, especially in export markets?
Our expansion strategy is rooted in one thing: being the supplier that industries call when no one else can deliver. Whether sourcing obscure, machine-specific parts, bridging logistical gaps, or navigating regulatory bottlenecks, we’ve built our name by showing up when it matters most. We’re an ISO-certified MSME with over two decades of frontline experience. We respond quickly and practice work standards efficiently enough for the large-scale operations demand, especially in mission-critical sectors like mining, power, and defence. For example, we’ve supplied rugged power transmission components built to withstand extreme environmental abuse and worked with engineering teams to tailor-fit solutions rather than dumping catalogue items. On the export front, we’re already filling critical supply gaps for overseas clients — especially those in politically sensitive or restricted trade environments. We recently supported a Russian industrial partner during a peak embargo period, ensuring uninterrupted supply when European sourcing was off the table. We did more than ship parts; we enabled continuity — and that’s the kind of partnership we aim to replicate across other high-growth, high-dependence geographies. We’re also investing in relationships with EPC contractors, international resellers, and defence OEMs looking for sourcing partners that bring genuine value, speed, and technical reliability. And while we scale outward, we’re keeping our ears to the ground — staying as committed to a 3-piece urgent delivery as we are to a full-scope procurement project.