Lakshmi Machine Works Limited (LMW), established in 1962, is a prominent global manufacturer of textile spinning machinery, CNC machine tools, heavy castings, and aerospace components. As one of the three companies worldwide producing a comprehensive range of textile machinery, LMW supports the entire textile process, from bale plucking to spinning. The company's operations are segmented into the Textile Machinery Division, Machine Tool Division, and Foundry Division, all ISO: 9000 certified. Over the years, LMW has formed strategic collaborations with international firms like Rieter Machine Works and Mori Seiki, enhancing its technological capabilities.
LMW has diversified into renewable energy, operating wind and solar power facilities with a total capacity of 46.80 MW. The company has invested significantly in R&D and capacity expansions, including a recent venture into China to access Asian markets. LMW's Advanced Technology Centre has established a foothold in the aerospace sector, supplying critical components to international OEMs. The company also completed a slump sale of its Advanced Technology Centre to a subsidiary, LMW Aerospace Industries Limited, in FY'22, focusing on its core manufacturing divisions.
