Lakshmi Machine Works Limited is

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...

's largest

textile Textile is an umbrella term that includes various fiber-based materials, including fibers, yarns, filaments, threads, different fabric types, etc. At first, the word "textiles" only referred to woven fabrics. However, weaving is not the ...

machinery and CNC Machine Tool manufacturers, based in

Coimbatore Coimbatore, also spelt as Koyamputhur (), sometimes shortened as Kovai (), is one of the major metropolitan cities in the Indian state of Tamil Nadu. It is located on the banks of the Noyyal River and surrounded by the Western Ghats. Coimbato ...

founded by Dr. G.K. Devarajulu. It started its operation in 1962 in

Periyanaickenpalayam Periyanaickenpalayam is a suburb of Coimbatore in the Indian state of Tamil Nadu. It is upcoming developing region . It is covered with many industries around it . It is well connected by road and rail transport. It is located along National Hig ...

in Coimbatore city with technical collaboration with Swiss-based textile machinery manufacturer

Rieter Rieter is a producer of textile machinery based in Winterthur, Switzerland. History Founded in 1795 by Johann Jacob Rieter (1762–1826), the company initially produced textile products. In 1806, as Napoleon imposed the Continental Blockade to ...

for textile machines and German based Steel & Ammunition major

Krupp The Krupp family (see pronunciation), a prominent 400-year-old German dynasty from Essen, is notable for its production of steel, artillery, ammunition and other armaments. The family business, known as Friedrich Krupp AG (Friedrich Krup ...

. In mid 1980's the company bought over its Coimbatore based longtime rival and an older Textile & Engineering giant Textool. The company is promoted and owned by the

Lakshmi Mills Lakshmi Mills Company is a major textile yarn and cloth manufacturer in Coimbatore, India. The company was established by G.Kuppuswamy Naidu in 1910. It has two composite textile units in Coimbatore: Avinashi Road and Palladam and one in Kovi ...

family. LMW has 60% market share in the domestic Textile Spinning Machinery Industry. LMW diversified into CNC Machine Tools and is a brand leader in manufacturing customized products. LMW's Global presence has grown over the years, with a market presence not only in developing countries, but also in Europe. Its Textile Machinery Division was awarded the

Confederation of Indian Industry The Confederation of Indian Industry (CII) is a non-governmental trade association and advocacy group headquartered in New Delhi, India, founded in 1895. CII engages business, political, academic, and other leaders of society to shape global ...

Most Innovative Company of the Year for 2020. In 2010, LMW - Advanced Technology Centre (ATC) added a new plant to produce components and sub-assemblies for the aerospace industry. ATC facilities include

quality assurance Quality assurance (QA) is the term used in both manufacturing and service industries to describe the systematic efforts taken to ensure that the product(s) delivered to customer(s) meet with the contractual and other agreed upon performance, design ...

aligning to AS9100 D certification, and

Nadcap Nadcap (formerly NADCAP, the National Aerospace and Defense Contractors Accreditation Program) is a global cooperative accreditation program for aerospace engineering, defense contractor, defense and related industries. History of Nadcap The Nadc ...

for special process viz chemical process, non-destructive testing, welding and Heat treatment totalling. ATC has engaged projects with major

original equipment manufacturer An original equipment manufacturer (OEM) is generally perceived as a company that produces non-aftermarket parts and equipment that may be marketed by another manufacturer. It is a common industry term recognized and used by many professional or ...

s & Tier 1’s in the US, Europe, and various divisions of

Hindustan Aeronautics Limited Hindustan Aeronautics Limited (HAL) is an Indian state-owned aerospace and defence (military), defence company, headquartered in Bangalore, India. Established on 23 December 1940, HAL is one of the oldest and largest aerospace and defence manuf ...

as well as

Defence Research and Development Organisation The Defence Research and Development Organisation (DRDO) (IAST: ''Raksā Anūsandhān Evam Vikās Sangaṭhan'') is the premier agency under the Department of Defence Research and Development in Ministry of Defence of the Government of India ...

References

Sources

LMW-Rieter Joint Venture Ends

Textool and LMW Merger

Lakshmi Machine Works - Company History On The Economic Times Website

{{Refend Textile companies of India Spinning Textile machinery manufacturers Companies based in Tamil Nadu Companies based in Coimbatore Manufacturing companies established in 1962 Indian brands Textile industry in Tamil Nadu Indian companies established in 1962 1962 establishments in Madras State