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 ...

'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 t ...

machinery and CNC Machine Tool manufacturers, based in Coimbatore 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 Hi ...

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 t ...

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 Krupp ...

. 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 Ko ...

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 globa ...

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 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 and related industries. History of Nadcap The Nadcap program is admin ...

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 company, headquartered in Bangalore, India. Established on 23 December 1940, HAL is one of the oldest and largest aerospace and defence manufacturers in the worl ...

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