- Business
- LMW Limited (formerly Lakshmi Machine Works Limited) manufactures and sells textile spinning machinery, CNC machine tools, heavy castings, and aerospace components; its Textile Machinery Division produces equipment for bale plucking, mixing, cleaning, carding, combing, speed framing, ring spinning, compact spinning, and blending solutions including models such as Flexifloc, LC300A, LFS 1660, and XLA30; the Machine Tool Division offers CNC lathes, turning centers, vertical machining centers, horizontal machining centers, and turn-mill centers like Pilatus, Rigi, Kodi, Ooty 40, Smarturn, and Smash for industries including automobiles, aerospace, defense, railways, oil and gas, pumps, valves, medical equipment, and general engineering; the Foundry Division provides ductile iron and grey iron castings; and the Advanced Technology Centre supplies precision parts for aerospace transferred to subsidiary LMW Aerospace Industries Limited. Founded in 1962 and headquartered in Coimbatore, Tamil Nadu, India, the company operates globally with exports to Asia, Oceania, and other regions, serving textile mills and industrial manufacturers through ISO 9000-certified divisions and subsidiaries including LMW Textile Machinery (Suzhou) Co. Ltd in China and LMW Global FZE in the UAE. In September 2024, the company changed its name from Lakshmi Machine Works Limited to LMW Limited; in July 2024, it incorporated wholly owned subsidiary LMW Holding Limited in Dubai International Financial Centre, UAE, as a holding company for investments and management in industrial enterprises, transferring shares of its China and existing UAE subsidiaries to it in January 2025; during fiscal 2024-25, its second Machine Tool Division unit commenced operations, it installed a 5MW solar power facility at Vadasithur raising total capacity to 15MW, and the Textile Machinery Division opened a large warehouse and service center in Indore for faster customer support.