Loyal Textile Mills is the oldest independent composite textile mills in Madras, India. It is one of the most diversified manufacturers of woven and knitted fabrics in India. It has been producing textiles for over six decades.

History

Loyal Textile Mills was established in 1949 by Mr. S. Narayanaswamy. The mills started with a small plant that produced cloth only for the local market. Gradually, it expanded to become one of the most respected textile companies in India. The company has established production units in various parts of the country, including Chennai and Hyderabad.

Mission

Loyal Textile Mills' mission is to provide the highest quality fabrics to its customers, while maintaining a commitment to innovation and excellence in manufacturing processes and procedures.

Vision

Loyal Textile Mills' vision is to remain a leader in the textile industry, fulfilling the needs of its customers in order to remain a market leader.

Key Team

Vishala Ramswami (Executive Director and Director of Corporate Strategy & Marketing)

B. Vaidyanathan (Non-Executive Director)

Vijayalakshmi Krishnamurti Rao (Independent Director)

Gokul Dixit (Additional Independent Director)

Lakshmi Narayanan (Additional Non-Executive Independent Director)

Raju Kannan (Independent Director)

Bendoor Tarachand Bangera (Independent Director)

Maniedath Madhavan Nambiar (Additional Non-Independent Non-Executive Director)

Recognition and Awards

Loyal Textile Mills has won numerous awards for its contributions to the textile industry, including the Ministry of Textiles Award for Quality Excellence in 2002, the Ministry of Small Scale Industries Award for Outstanding Performance in 2004 and the National Award for Exports in 2006. The company was also named as one of India's 50 Most Trusted Companies in 2012.

References

https://in.investing.com/equities/loyal-textile-mills-bo

https://finance.yahoo.com/quote/LOYALTEX.BO/profile?p=LOYALTEX.BO

https://www.crunchbase.com/organization/loyal-textile-mills

www.loyaltextiles.com/

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Leadership team

P. Manivannan (Non-Executive & Non-Independent Director)

Valli M. Ramaswami (Chairperson)

Muthu Elumalai Manivannan (Senior VP of Operations & Whole Time Director)

Products/ Services

Manufacturing, Textiles

Number of Employees

1,000 - 20,000

Headquarters

Chennai, Tamil Nadu, India

Established

1946

Revenue

20M - 100M

Traded as

BOM:LOYALTEX

Social Media

URL

www.loyaltextiles.com/

Last updated: Tue Feb 25 2025

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Loyal Textile Mills

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Summary