Lakshmi Ring Travellers (Coimbatore) Private Limited (LRTCPL), as per its credit rating report, is engaged as a joint venture between the LMW group and Walter Bracker SA of Switzerland. The company is engaged as manufactures ring travelers and related application tools, engineering tools and components, steel castings, and cotton yarn (operations outsourced to Adwaith Textiles Ltd, an LMW group company). LRTCPL also manufactures slub and core yarn attachments through Lakshmi Caipo Industries Ltd, a joint venture with Caipo Automazione Industriale Srl, Italy.