Lakshmi Mills Company was established in the year 1910 by the visionary and pioneer late G. Kuppuswamy Naidu. The history of Lakshmi Mills is in many ways the history of the textile industry in Coimbatore.
For close to a century Lakshmi Mills has contributed to the development of the industry by promoting self reliance, research, import substitution, exports and technology. The company has also demonstrated its staying power by ensuring quality and customer satisfaction as the prime
Lakshmi Mills Company was established in the year 1910 by the visionary and pioneer late G. Kuppuswamy Naidu. The history of Lakshmi Mills is in many ways the history of the textile industry in Coimbatore.
For close to a century Lakshmi Mills has contributed to the development of the industry by promoting self reliance, research, import substitution, exports and technology. The company has also demonstrated its staying power by ensuring quality and customer satisfaction as the prime objectives. In fact, as a pioneer, Lakshmi Mills today is looked upon with respect and reverence as a company that paved the way for the rest to follow.
The company celebrated its golden jubilee, diamond jubilee and platinum jubilee and is now gearing up for the centenary celebration by 2010.The annual turnover of the company is around Rs. 100 crores.
Subsidiaries:
The Lakshmi Mills Company Limited has under its wing diverse concerns that have made their mark in various fields - education, synthetic machinery and support systems. The companies have contributed in a large measure to the industry and to society.
Lakshmi Automatic Loom Works Limited - Lakshmi Automatic Loom Works Limited (LAL) is the result of collaboration between Ruti and Sulzer Brothers of Switzerland and Lakshmi Mills. The company is an ambitious Rs. 90-million project and produces upward of 5000 automatic looms annually.
Educational Institutions - The Lakshmi Mills Group, in conjunction with the Kuppuswamy Naidu Charity Trust for Education and Medical Relief, has various educational institutions under its banner. They are spread across various locations and cover the gamut of the educational spectrum.
Product range of the company includes:
- Yarns- The company manufactures 100% combed cotton yarn from NE 40s to NE 120s, polyester cotton blended yarn from NE 40s to NE 80s as well as open end yarn of 10s. Besides, the company manufactures 100% micro modal yarn, micro modal/cotton blended yarn, 100% micro tencel yarn, tencel/cotton blended yarn in counts NE 40s to 100s and X-Static yarns in counts NE 20s to 40s.
- Fabrics - The company manufactures 100% cotton, polyester/cotton, 100% micro modal / micro modal/cotton, 100% polyester and polyester viscose fabrics in 245 looms installed in its Coimbatore Unit.
- Garments- Tyche Life is an exciting, new casual wear brand for men, women and children, made from super-soft Modal from Lenzing, Austria. Tyche Life brings international styling, bright colours and exotic prints. The emphasis is on comfortable fashion, with an uncompromising commitment to quality.
