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.
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 to produce cotton yarn and fabric cloth under ‘Lakshmi Mills’ label in Avinashi Road. In mid-1940s second unit was started at Kovilpatti, Tamil Nadu and in mid-1960s Palladam unit commenced operations. In 1977, Coimbatore Cotton Mills, established in the 1930s as a composite textile unit Singanallur 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