Lakshmi Mills Company is a major

textile Textile is an Hyponymy and hypernymy, umbrella term that includes various Fiber, fiber-based materials, including fibers, yarns, Staple (textiles)#Filament fiber, filaments, Thread (yarn), threads, and different types of #Fabric, fabric. ...

yarn Yarn is a long continuous length of interlocked fibres, used in sewing, crocheting, knitting, weaving, embroidery, ropemaking, and the production of textiles. '' Thread'' is a type of yarn intended for sewing by hand or machine. Modern ...

and

cloth Textile is an umbrella term that includes various fiber-based materials, including fibers, yarns, filaments, threads, and different types of fabric. At first, the word "textiles" only referred to woven fabrics. However, weaving is n ...

manufacturer Manufacturing is the creation or Production (economics), production of goods with the help of equipment, Work (human activity), labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the secondary se ...

Coimbatore Coimbatore (Tamil: kōyamputtūr, ), also known as Kovai (), is one of the major Metropolitan cities of India, metropolitan cities in the States and union territories of India, Indian state of Tamil Nadu. It is located on the banks of the Noyy ...

, India. The company was established by G.Kuppuswamy Naidu in 1910. It has two composite textile units in

: Avinashi Road and

Palladam Palladam () is a town and First Grade Municipality in Tiruppur district in the state of Tamil Nadu, India. It is the headquarters of Palladam Taluk of Tiruppur district. Palladam is located on National Highway National Highway 81 (India), NH 81. ...

and one in

Kovilpatti Kovilpatti is an industrial city and special grade municipality in Thoothukudi District, Tamil Nadu, India. It is located 65 km (40 mi) from Thoothukudi, 102 km (63 mi) from Madurai and 565 km (351 mi) from Chennai. It is the headquarters of t ...

. The promoters of the mill were also instrumental in starting various textile machinery companies notably LMW and medical and educational institutions. The unit in Coimbatore in Papanaickenpalayam is also a well known famous landmark of the city.

History

The founder G. Kuppuswami Naidu born in Papanaickenpalayam, Coimbatore was into cotton ginning and trading. Lakshmi Mills was incorporated in 1910 as a composite

textile mill Textile manufacturing or textile engineering is a major industry. It is largely based on the conversion of fibre into yarn, then yarn into fabric. These are then dyed or printed, fabricated into cloth which is then converted into useful good ...

to produce cotton yarn and fabric cloth under ‘Lakshmi Mills’ label in Avinashi Road. In mid-1940s second unit was started at

, Tamil Nadu and in mid-1960s

unit commenced operations. In 1977, Coimbatore Cotton Mills, established in the 1930s as a composite textile unit

Singanallur Singanallur is a major residential locality of the city of Coimbatore in Tamil Nadu, India. It is located on the banks of Noyyal river, which runs to the southern boundary of the locality. It is situated in the eastern part of the city, and is ...

was merged into Lakshmi Mills. This unit was under Lakshmi Mills management since the 1950s. By 1960s staple fibre production was added to the product line. The company had showrooms in prominent cities and town in South India to sell suiting, shirts, sarees and other textile products

Group expansion

Lakshmi Mills was also instrumental in the group's expansion into textile machinery companies like LMW, Lakshmi Automatic Looms, Lakshmi Card Clothing, Lakshmi Ring Travellers. The management along with R.Venkataswamy family set up the viscose staple yarn production unit South India Viscose with technology license from SNIA Viscosa of Milan, Italy . Lakshmi Mills manufactures 100% combed cotton yarns in NE 50s to NE 120s, polyester cotton blended yarns in NE 40s to NE 100s. In addition, the Company manufactures 100% lenzing micro modal/modal/tencel yarns, micro modal/modal cotton blended yarns, 100% micro tencel yarn, tencel/cotton blended yarn.

Notable directors

Notable directors and founding family members include S.Karivardhan, a then Indian

motorsport Motorsport or motor sport are sporting events, competitions and related activities that primarily involve the use of Car, automobiles, motorcycles, motorboats and Aircraft, powered aircraft. For each of these vehicle types, the more specific term ...

personality and founder's managing director, G. K. Devarajulu, then Managing Director and founder of LMW, G. K. Sundaram, a freedom fighter. The company was also instrumental in promoting various sports, notably

cricket Cricket is a Bat-and-ball games, bat-and-ball game played between two Sports team, teams of eleven players on a cricket field, field, at the centre of which is a cricket pitch, pitch with a wicket at each end, each comprising two Bail (cr ...

hockey ''Hockey'' is a family of List of stick sports, stick sports where two opposing teams use hockey sticks to propel a ball or disk into a goal. There are many types of hockey, and the individual sports vary in rules, numbers of players, apparel, ...

motorsports Motorsport or motor sport are sporting events, competitions and related activities that primarily involve the use of automobiles, motorcycles, motorboats and powered aircraft An aircraft engine, often referred to as an aero engine, is the po ...

, and

horse racing Horse racing is an equestrian performance activity, typically involving two or more horses ridden by jockeys (or sometimes driven without riders) over a set distance for competition. It is one of the most ancient of all sports, as its bas ...

References

External links

{{Commons category, Lakshmi Mills
Lakshmi Mills
Lakshmi Mills Company Website Textile companies of India Companies based in Coimbatore Textile industry in Tamil Nadu Indian companies established in 1910 Manufacturing companies established in 1910 Companies listed on the Bombay Stock Exchange