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Paramount Textile Mills (P) Ltd. was established in the year 1980 in the most backward area of Thirali, Thirumangalam of Madurai District with a view to produce world class grey fabrics from different types of yarn.

The company is managed by Smt.Lakshmi Murugesan in her capacity as the Chairman & Managing Director. She hails from an illustrious business family in south India and is the daughter of Karumuttu Thiagarajar Chettiar, a doyen in the field of textile Industry.