| Established in 1950, Presteege Lachmandas Group, had a humble beginning by the founder and the chairman Late Mr. Lachmandas Aswani as the distributor for ITC products in Wayanad district, Kerala in the name Lachmandas & Sons. Later the business got firm grips and expanded to Trivandrum, subsequently to Kochi during 1950-1955. Soon the group got established as the biggest distributor for ITC in India. The group advanced to textile industry in 1970's by opening DCM which was first in Kerala. In 1976, the group opened the first showroom for Bombay Dyeing in Kerala. The group expanded the business with the joining of next generation, Mr. Deepak L. Aswani and Mr. Vishnudas L. Aswani. In 1986, the group opened Raymond showroom at MG road, Kochi, which was the first showroom for Raymond in Kerala. |
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The group is working as a C&F agency for Amway and Bombay Dyeing. We opened the first showroom for Bombay Dyeing in 1976 which was the first in Kerala. Today, Bombay Dyeing have wholesale and retail showrooms and it is headed by Mr. Vishnudas Aswani (MD, wholesale) and his son Mr. Rajeev V. Aswani (MD, wholesale & Retail).
Presteege property Developers, a real estate venture of Presteege Lachmandas Group completed a project called Palm green located at Chetichira, Ernakulam which is well known.
