The story
Founded by G. Kuppuswami Naidu in 1910.1
The founder G. Kuppuswami Naidu born in Papanaickenpalayam, Coimbatore was into cotton ginning and trading. Lakshmi Mills was incorporated in 1910 as a composite textile mill to produce cotton yarn and fabric cloth under ‘Lakshmi Mills’ label in Avinashi Road. In mid-1940s second unit was started at Kovilpatti, Tamil Nadu and in mid-1960s Palladam unit commenced operations.
In 1977, Coimbatore Cotton Mills, established in the 1930s as a composite textile unit Singanallur was merged into Lakshmi Mills. This unit was under Lakshmi Mills management since the 1950s. By 1960s staple fibre production was added to the product line. The company had showrooms in prominent cities and town in South India to sell suiting, shirts, sarees and other textile products
From Wikipedia’s article on Lakshmi Mills, shared under CC BY-SA 4.0.5