Promoted in 1907 by the late G Kuppuswamy Naidu, Lakshmi Mills Company Ltd (LMC) was incorporated as a public limited company in 1910. The flagship of the Coimbatore-based Lakshmi group, its associate companies are Lakshmi Machine Works, Lakshmi Synthetic Machinery Manufacturers and Lakshmi Auto Looms. The Company is engaged in the manufacture of Yarn and trading in cloth and garments and rental services of renting out properties.