public industry textile founded 1910 founder g. kuppuswami naidu headquarters avinashi road papanaickenpalayam coimbatore india key people s. pathy chairman r.santharam vice chairman products textile yarn textile garments weaving and spinning revenue inr 2.21 billion balance sheet info website 1 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 kovilpatti . 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 . contents 1 history 2 group expansion 3 notable directors 4 references 5 external links history edit lakshmi mills main gate facing avinashi road in coimbatore 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 to produce cotton yarn and fabric cloth under lakshmi mills label in avinashi road . in mid 40 s second unit was started at kovilpatti tamil nadu and in mid 60 s palladam unit commenced operations . in 1977 coimbatore cotton mills established in 30 s as a composite textile unit singanallur was merged into lakshmi mills . this unit was under lakshmi mills management for since 50 s. by 60 s 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 edit lakshmi mills was also instrumental in the groups 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 edit notable directors and founding family members include s.karivardhan onetime indian motorsport personality and founder s managing director g. k. devarajulu one time managing director and founder of lmw 1 g. k. sundaram one time freedon fighter . 2 3 the group companies the company was also instrumental in promoting various sports notably hockey motorsports and horse racing . 4 5 references edit satyamurty g 13 january 2009 . the hindu ram lakshman of textile city architects of coimbatore . chennai india the hindu . retrieved 15 march 2015 . revathy l n 19 may 2009 . the business line lakshmi mills chairman g.k. sundaram passed away . chennai india the business line . retrieved 8 may 2016 . reporter staff 19 may 2009 . the hindu g.k. sundaram doyen of textile industry passes away . chennai india the hindu . retrieved 8 may 2016 . satyamurty g 13 january 2009 . the hindu ram lakshman of textile city architects of coimbatore . chennai india the hindu . retrieved 15 march 2015 . reporter staff 12 january 2009 . the hindu young world coimbatore pays homage to g.k. sundaram . coimbatore india the hindu . retrieved 15 march 2015 . external links edit wikimedia commons has media related to lakshmi mills . lakshmi mills lakshmi mills company website retrieved from https en.wikipedia.org w index.php title lakshmi mills & oldid 732308423 categories textile companies of indiacompanies based in coimbatorehidden categories commons category with local link same as on wikidata navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version in other projects wikimedia commons languages add links this page was last modified on 31 july 2016 at 02 19 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view