Maganti Brothers with 50 + years of existence in the industry started off as Karthika Industries at Guindy Industrial Estate (Madras) in the year 1965. Later, metamorphosed into Maganti Brothers manufacturing steel windows, rolling shutters and diversified into scaffolding, centering, form works and so on.
The founder of Maganti Brothers, Mr. M.S.K. Vasudeva Rao is a science graduate from Sir C.R.Reddy college, Eluru, West Godavari District. On completion of his graduation, he moved to Madras in 1960 and worked for 5 years. Later, he partnered with Karthika Industries located at Guindy Industrial Estate, Madras. His industrial experience spans over 50 years. He is an active member of the Builders Association of India. He also presided as Chairman, President for BAI, Southern Center.
With a futuristic vision, he and his anticipators found the need to hire the whole product range to all builders and contractors and launched “Lakshmi International” only for hire purposes.