The loknath weavers Industrial cop Society Ltd. is famous firm in Kerala from its inception in 1955 for production of the superior quality handloom textiles both for export and indegeneous sales. In fact this society was a model society to register many of the other industrial type of handloom weavers co operative society in different parts of india. This reputed factory type handloom society situated in Kannur, the city of looms and lores.
The society is working with all modern facility for dyeing, processing, testing, weaving, stiching and packing according to the modern fashion trend. The society was registrered on 18-4-1955 with 88 members and 52 looms. At present 126 looms with 155 members are engaged for its production process