Mechanics call it M700 PRESURE FOOT ROD मिस्त्री इसे यही कहते हैं
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Presser Arm (part number 209678, shop code 370021) is a spare part for the PEGASUS M700. In the manufacturer's part book it sits in the "Presser Foot Mechanism" section as ref. no. 1 (1 per machine). The same number appears in 11 part books (Pegasus). Mechanics and shops in Delhi usually ask for it as "M700 PRESURE FOOT ROD"; this is a generic (compatible) make, not the original manufacturer's part; material: metal; shipping weight about 100 g. Price ₹168.00 including GST, with a GST invoice.
Other parts in the same "Presser Foot Mechanism": Finger Guard (ref. 4) · Shaft (ref. 9) · Bushing (ref. 10) · Spring (ref. 12) · Lever (ref. 13)
Buying guide: Overlock machine spare parts: loopers, knives, feed dogs
Part books you can open here (3 of the 11 that list this number). Open the PDF to see the drawing and confirm it fits your machine.
Galat part aa gaya? 7 din mein wapas, bina istemaal kiye · GST bill har order ke saath · Dukaan: Govindpuri, Delhi, 2002 se · Google rating 4.8