Swiss textile machinery major Rieter has made a complete exit from city-based Lakshmi Machine Works (LMW). Rieter has sold its residual 3.48% stake in LMW on Tuesday. COIMBATORE: Swiss textile ...

Lakshmi Machine Works Limited (LMW) was initially incorporated on 14 September, 1962 to provide the Indian Textile Mills with the latest Spinning Technology. The Company name has been changed from ...

Coimbatore-based Lakshmi Machine Works Ltd (LMW), the largest textile machinery manufacturer in India with a turnover of more than Rs 2,150 crore last year, has witnessed a rather subdued growth in ...

D Jayavarthanavelu, chairman & managing director of Coimbatore-based Lakshmi Machine Works (LMW), passed away a few days ago. His low-key company is possibly the world?s largest spinning machinery ...

Coimbatore-based Lakshmi Machine Works Ltd (LMW), the largest textile machinery manufacturer in India, with a turnover of more than ₹2,50 crore last year, has registered rather subdued growth in the ...

The Competition Commission of India (CCI) has closed the case against city-based textile machinery major Lakshmi Machine Works (LMW) for the alleged abuse of its dominant market position for spinning ...

The report predicts the global textile machinery market to grow at an impressive CAGR of nearly 11% by 2020. Monitoring of fiber diameter, polymer properties, and temperature and tension control are ...

Textile machinery manufacturer Lakshmi Machine Works (LMW) plans to expand the range of products manufactured at its subsidiary LMW Textile Machinery (Suzhou) in China. Director (Finance) R. Rajendran ...

Lakshmi Machine Works’ Q2FY16 PAT at Rs 566mn (+6% YoY) was ahead of expectations on account of higher growth in textile revenues (+8% YoY), which in turn was driven by the domestic geography and the ...

LMW Machinery Limited, a wholly-owned subsidiary of Lakshmi Machine Works (LMW), will be merged with it this year. At a meeting held on Monday, the board of directors of textile machinery ...

LMW had flat textile machinery order inflows in FY16, highlighting the limited capacity addition in the spinning sector. Working capital increased by nine days over FY15 on account of lower security ...