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| {{Use dmy dates|date=February 2018}}
| | #REDIRECT [[Lakshmi Mills]] |
| {{Use Indian English|date=February 2018}}
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| {{original research|date=November 2014}} | | {{R to related topic}} |
| {{Cleanup rewrite|date=May 2020}}
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| {{More citations needed|date=May 2020}}
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| {{Infobox company
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| | name = Lakshmi Machine Works Limited
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| | logo = File:Lakshmi_Machine_Works.png
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| | type = [[Public company|Public]]|
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| | foundation = 1962
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| | location = [[Periyanaickenpalayam]], [[Coimbatore]], [[Tamil Nadu|TN]], [[India|IN]]
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| | key_people = Sanjay Jayavarthanavelu <br>(Chairman & Managing Director)<br><br>R. Rajendran <br> (Director Finance)
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| | industry = [[Textile]], [[Machine tool]], Steel & GI [[Foundry]], [[Aerospace]], [[defence (military)|Defence]]
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| | products = Textile Machinery, Machine Tool, Windmill, Automotive, Earth-mover equipment etc.
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| | revenue = {{INRConvert|25.00|b}} (2017)<ref name="eazytaxindia1">[https://www.eazytaxindia.com/financial-results-of-lmw-for-the-ay-2017-18/ ]{{dead link|date=February 2021}}</ref>
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| | operating_income =
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| | profit = {{INRConvert|1.80|b}} (2017)<ref name="eazytaxindia1"/>
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| | assets = {{INRConvert|23.67|b}} (2017)<ref name="eazytaxindia1"/>
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| | equity = {{INRConvert|15.58|b}} (2017)<ref name="eazytaxindia1"/>
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| | num_employees = 5000+
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| | homepage = https://www.lmwglobal.com/
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| }}
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| '''Lakshmi Machine Works Limited''' is [[India]]'s largest [[textile]] machinery and CNC Machine Tool manufacturers, based in [[Coimbatore]] founded by Dr. G.K. Devarajulu. It started its operation in 1962 in [[Periyanaickenpalayam]] in [[Coimbatore|Coimbatore city]] with technical collaboration with Swiss-based textile machinery manufacturer [[Rieter]] for textile machines and German based Steel & Ammunition major [[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]] family.
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| 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.{{cn|date=January 2021}}
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| LMW's Global presence has grown over the years, with a market presence not only in developing countries, but also in Europe.
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| Its Textile Machinery Division was awarded the [[Confederation of Indian Industry]] Most Innovative Company of the Year for 2020.<ref>{{cite news |author=PTI |date=12 December 2020 |title=Coimbatore-based LMW bags 'Most Innovative Company of the Year 2020' award |url=https://www.newindianexpress.com/business/2020/dec/12/coimbatore-based-lmw-bags-most-innovative-company-of-the-year-2020award-2235354.html |newspaper=The New Indian Express |accessdate=26 January 2021}}</ref>
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| In the year 2010, LMW - Advanced Technology Centre (ATC) added to their formidable manufacturing resources, a new plant to produce critical components and sub-assemblies for Aerospace industry and it is a one stop solution to the Aerospace customer. In terms of infrastructure and capability, ATC has world class facilities includes Quality Assurance aligning to AS9100 D certification and NADCAP for special process viz Chemical Process, NDT, Welding and Heat treatment totalling more than 25 special processes. ATC has tied up projects with major OEMs & Tier 1’s in US, Europe and various divisions of Hindustan Aeronautics Limited as well as Defence Research Development Organization.
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| ==References==
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| {{reflist}}
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| ==Sources==
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| {{Refbegin}}
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| * [http://articles.economictimes.indiatimes.com/2011-04-02/news/29374541_1_lakshmi-machine-works-lmw-cfo-r-rajendran-textile-machinery-plant LMW-Rieter Joint Venture Ends]
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| * [http://www.financialexpress.com/news/textool-lmw-may-merge/88902/ Textool and LMW Merger]
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| * [http://economictimes.indiatimes.com/lakshmi-machine-works-ltd/infocompanyhistory/companyid-13443.cms Lakshmi Machine Works - Company History On The Economic Times Website]
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| * [https://web.archive.org/web/20130712005817/http://www.lakshmimach.com/contact.html Lakshmi Machine Works - Contact Page]
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| {{Refend}}
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| [[Category:Textile companies of India]]
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| [[Category:Spinning]]
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| [[Category:Textile machinery manufacturers]]
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| [[Category:Companies based in Tamil Nadu]]
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| [[Category:Companies based in Coimbatore]]
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| [[Category:Manufacturing companies established in 1962]]
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| [[Category:Indian brands]]
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| [[Category:Textile industry in Tamil Nadu]]
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| [[Category:Indian companies established in 1962]]
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| [[Category:1962 establishments in Madras State]]
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