| Type | Public |
|---|---|
| Industry | Textile, Machine tool, Steel& GI Foundry |
| Founded | 1962 |
| Headquarters | Periyanaickenpalayam ,Coimbatore, India |
| Key people | R. Venkatarangappan, Chairman; Sanjay Jayavarthanavelu, Managing Director. |
| Products | Textile Machinery, Machine Tool; windmill, automotive, earth mover parts etc.,) |
| Revenue | INR 13 Billion (Balance Sheet info) |
| Employees | 4000+ |
| Website | [1] |
Lakshmi Machine Works Limited (LMW) is India's largest textile machinery and CNC manufacturers, based in Coimbatore founded by Cavalier Dr.G.K.Devarajulu. It started its operation in 1962 in Periyanaickenpalayam in Coimbatore city with technical collaboration with Swiss based textile machinery manufacturer Rieter for textile machineries and German based Steel and Ammunution major Krupp. In mid 1980's the company bought over its Coimbatore based longtime rival and much older Textile and engineering giant Textool. The company is promoted and owned by the Lakshmi Mills family.
They have also Opened up a Management Institute, D J Academy For Managerial Excellence and DJ School of Design in Coimbatore. D. J. stands for the late D. Jayavarthanavelu, son of founder of LMW, the late G. K. Devarajulu.