Lakshmi Machine Works Ltd - Machine Tool division Revenue and Competitors

LMW, founded in the year 1962, is today a global player and one among the three manufacturers of the entire range of Textile Machinery. History stands as a documented proof of LMW's Corporate and Financial success reflecting phenomenal growth since first year of operations. LMW has 60% market share in the domestic Textile Spinning Machinery Industry. LMW diversified into CNC Machine Tools and is a brand leader in manufacturing customized products. LMW Foundry makes Precision Castings for industries the world over. The only company in Asia outside Europe to manufacture OE products for Mikron of Switzerland. LMW's Global presence has grown over the years, with a market presence not only in developing countries, but also in Europe. LMW has won the Top Export Award in textile machine exports for the past several years.