| 1962 |
Technology
Lakshmi Machine Works founded
for manufacture of textile machinery from Rieter Machine Works, Switzerland. |
| 1968 |
Added a foundry,designed by Krupp, Germany. Capacity 18000 Tonnes p.a. |
| 1974 |
Collaboration with Walter Bracker, Switzerland to manufacture ring travellers. |
| 1980 |
Commenced export of machines to Rieter, Switzerland. |
| 1983 |
LMW- Unit II started for textile machinery. |
| 1984 |
Collaboration with Sprecher + Schuh for electrical control equipment. |
| 1988 |
Machine tool Division set up as a major diversification. Technical Input from Mori Seiki, Japan. |
| 1993 |
State of the art foundry added, capacity 12,000 Tonnes p.a. |
| 1995 |
Agreement with Mikron, Switzerland for
manufacture & supply of CNC universal
milling machines, UM 600 for the world
market.155 machines dispatched to Mikron
Switzerland, till 1998. |
| 2000 |
First
batch of CNC lathes & machining centers
exported to Germany |