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The
highly competitive tobacco market represented tremendous
growth potential to Mr. Maddi Lakshmaiah.
Foreseeing the demand for Quality Indian tobacco, a long
term strategy was formulated. Right from it’s
inception, the company adhered to international
standards and made rapid inroads into global tobacco
markets. A sophisticated threshing plant of
international standards was commissioned in 1976. Being the
first in India, it created a revolution in
tobacco processing and led to a huge upsurge in demand.
This led to the commissioning of second modern plant with
threshers, redryers and other sophisticated equipment
for the processing of Quality tobaccos.
ML Group has taken its credo of total Quality to
the furthest. Whether in the Quality of process,
products or working conditions for the vast workforce,
the farsighted innovations of
Mr. Maddi Lakshmaiah have given the group a
Strong edge. The personal involvement of the directors
in all aspects of the Business has resulted in high
Quality operational parameters. The company can proudly
claim some of the most skilled work force and a highly
efficient management, people who have contributed
significantly to the pre-eminent position the company
holds today. The company has earned recognition from
apex institutions and is a recognized leader in tobacco
markets the world over. The Quantum growth of MLCO.,
spurred investment in infrastructure and diversification
into other businesses.
Under the umbrella of ‘ML Group’ the various
companies have an annual turnover of Rs. 1700 Million
and an asset base of Rs. 12 Billion. A real estate
development wing was set up to develop and lease
commercial properties with working environments that
rival the best internationally.
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