Lakshmi Mills
Lakshmi Mills is an Indian textile manufacturer based in Coimbatore, producing cotton, blended, and regenerated-cellulosic yarns and textile fabrics.
Last updated August 31, 2026
Overview
Lakshmi Mills is a long-established Indian textile manufacturer headquartered in Coimbatore, Tamil Nadu. The company was founded in 1910 by G. Kuppuswamy Naidu, who had previously worked in cotton ginning and trading. It began as a composite textile mill on Avinashi Road, combining yarn and fabric production under the Lakshmi Mills name. This integrated model allowed the business to process cotton into yarn and cloth within its own manufacturing system rather than operating only as a spinning supplier. The company expanded its manufacturing footprint over several decades. A second unit was established at Kovilpatti in the mid-1940s, followed by the Palladam unit in the mid-1960s. In 1977, Coimbatore Cotton Mills, a composite textile operation in Singanallur that had been managed by Lakshmi Mills since the 1950s, was merged into the company. Lakshmi Mills also added staple-fibre production to its product range during the 1960s. Its Papanaickenpalayam facility in Coimbatore became a recognized city landmark, linking the company’s industrial presence with the urban history of the region. The company’s traditional business has centered on cotton yarn and fabric. Its stated yarn portfolio includes fine 100% combed cotton yarns ranging from English cotton count NE 50s to NE 120s, as well as polyester-cotton blended yarns from NE 40s to NE 100s. It also manufactures regenerated-cellulosic products, including Lenzing-branded micro modal, modal, and Tencel yarns; cotton blends using micro modal, modal, and Tencel; and 100% micro Tencel yarn. These products position Lakshmi Mills across conventional cotton spinning, blended yarns, and higher-value man-made cellulosic materials. Historically, Lakshmi Mills also sold finished textile goods through showrooms in prominent cities and towns in South India. Those offerings included suiting materials, shirting, sarees, and other textile products, extending the company’s presence beyond industrial yarn and fabric customers. The business therefore combined manufacturing with a consumer-facing textile distribution network, although the available reference material does not establish the current extent of that showroom operation. Lakshmi Mills has been associated with a broader industrial and institutional network in the Coimbatore region. Members of its promoter and management circles were involved in the development of textile-machinery businesses including Lakshmi Machine Works, Lakshmi Automatic Looms, Lakshmi Card Clothing, and Lakshmi Ring Travellers. The management, together with the R. Venkataswamy family, also helped establish South India Viscose under a technology licence from SNIA Viscosa of Milan. These links reflect the region’s wider textile ecosystem, in which spinning and weaving companies, machinery manufacturers, component suppliers, and technical institutions developed alongside one another. The company and its associated leadership have also supported sports and regional institutions, including cricket, hockey, motorsport, and horse racing. Notable historical figures connected with the business include G. K. Devarajulu, identified with the founding of Lakshmi Machine Works; G. K. Sundaram, described as a freedom fighter; and S. Karivardhan, an Indian motorsport personality and managing director associated with the founder’s family. The available material does not provide sufficiently current information to identify Lakshmi Mills’ present executives, ownership structure, financial performance, or exact international sales footprint.
History
Lakshmi Mills was established in 1910 in Coimbatore by G. Kuppuswamy Naidu. Before entering textile manufacturing, Naidu was involved in cotton ginning and trading, activities that provided a commercial and raw-material foundation for the new enterprise. The original business was organized as a composite textile mill on Avinashi Road, producing both cotton yarn and fabric under the Lakshmi Mills label. The company developed during the expansion of modern textile manufacturing in Tamil Nadu. In the mid-1940s it started a second unit at Kovilpatti. During the mid-1960s, it added the Palladam unit, broadening its production base beyond the original Coimbatore operation. By the 1960s, staple-fibre production had also become part of the product portfolio. This evolution expanded Lakshmi Mills from a conventional cotton mill into a broader textile-materials producer. Lakshmi Mills’ connection with other Coimbatore mills deepened in the post-independence period. Coimbatore Cotton Mills, a composite textile operation founded in the 1930s at Singanallur, had been under Lakshmi Mills management since the 1950s. In 1977, the two businesses were merged. The consolidation strengthened Lakshmi Mills’ industrial footprint in the Coimbatore area and brought another established composite textile operation into the company. For part of its history, Lakshmi Mills served both industrial and consumer markets. In addition to yarn and cloth manufacturing, it maintained showrooms in prominent South Indian cities and towns. These outlets sold suiting materials, shirts, sarees, and related textile products. The reference material does not specify when this showroom network was created, how extensively it operated, or whether all of those outlets remain active. The company’s historical importance also extended beyond its own mills. Its promoter and management networks were instrumental in the creation or development of several textile-machinery businesses, including Lakshmi Machine Works, Lakshmi Automatic Looms, Lakshmi Card Clothing, and Lakshmi Ring Travellers. In cooperation with the R. Venkataswamy family, the management also established South India Viscose using technology licensed from SNIA Viscosa of Milan, Italy. These activities helped connect Lakshmi Mills with the machinery, fibre, and engineering segments supporting India’s textile industry. The company’s Coimbatore facilities became part of the city’s industrial identity. The Papanaickenpalayam unit is described as a well-known landmark, while the wider business was associated with local educational, medical, and institutional development. Historical directors and family figures linked with the enterprise include S. Karivardhan, an Indian motorsport personality and managing director; G. K. Devarajulu, associated with the founding of Lakshmi Machine Works; and G. K. Sundaram, described in the reference material as a freedom fighter. The business also promoted sports including cricket, hockey, motorsport, and horse racing. In its modern product description, Lakshmi Mills spans fine-count combed cotton yarn, polyester-cotton blends, and yarns made from regenerated cellulosic fibres. Its stated range includes micro modal, modal, and Tencel products, along with cotton blends using those fibres. The supplied sources do not provide reliable details on current revenue, ownership, executive leadership, listed-market information, production capacity, or geographic export distribution.
- 1977Coimbatore Cotton Mills merger
Coimbatore Cotton Mills, previously managed by Lakshmi Mills, was merged into the company.
- 1965Palladam unit begins operations
A manufacturing unit at Palladam commenced operations in the mid-1960s.
- 1960Staple-fibre production added
The company expanded its product scope during the 1960s by adding staple-fibre production.
- 1940Kovilpatti expansion
A second manufacturing unit was started at Kovilpatti in the mid-1940s.
- 1910Lakshmi Mills is established
G. Kuppuswamy Naidu established Lakshmi Mills as a composite textile mill on Avinashi Road in Coimbatore, producing cotton yarn and fabric.
Products and positioning
An integrated South Indian textile manufacturer combining long-established cotton spinning and fabric production with blended and regenerated-cellulosic yarns.
Combed cotton yarnCotton yarn
Lakshmi Mills produces 100% combed cotton yarn in fine English cotton counts from approximately NE 50s to NE 120s. These yarns are intended for textile applications requiring consistent fibre preparation and relatively fine counts, including fabric and apparel production. The supplied reference does not identify specific brands, certifications, or end-customer applications within this range.
Polyester-cotton blended yarnBlended yarn
The company manufactures polyester-cotton blended yarns in approximately NE 40s to NE 100s. Blending cotton with polyester can combine cotton’s familiar hand feel with polyester’s durability and processing characteristics. The available source identifies the count range but does not provide detailed information about blend ratios, technical specifications, or individual product names.
Modal and micro modal yarnRegenerated-cellulosic yarn
Lakshmi Mills lists 100% Lenzing micro modal and modal yarns among its products, together with micro modal or modal blended with cotton. These fibres are regenerated cellulose materials used where softness and a smooth textile handle are desired. The reference does not establish the full technical range, customer sectors, or current sales volumes for these products.
Tencel and micro Tencel yarnRegenerated-cellulosic yarn
The product portfolio includes 100% micro Tencel yarn, Tencel yarn, and Tencel-cotton blends. These materials extend the company’s offering beyond conventional cotton and polyester blends into branded regenerated-cellulosic fibres used in apparel and other textile applications. The supplied material does not specify launch dates, product grades, or the exact relationship between the company and the Lenzing brand beyond identifying the fibre products.
Textile fabrics and consumer textilesTextile fabrics
As a composite textile manufacturer, Lakshmi Mills has produced cotton fabric and other cloth products in addition to yarn. Its historical showroom network sold suiting materials, shirts, sarees, and related textile goods in South India. The available reference does not provide a current catalogue or confirm which consumer-facing lines remain available.
Flagship businesses
- Fine-count 100% combed cotton yarn in approximately NE 50s to NE 120s
- Polyester-cotton blended yarn in approximately NE 40s to NE 100s
- Regenerated-cellulosic yarns using micro modal, modal, and Tencel fibres
Sources
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