The group engineering unit was established in 1946 in the name of M/s. Nanabhai Hargovandas Mistry and the technical Excellency of the second generation the group progressed steadily and firmly. The second generation, Mr. Arvindbhai Nanabhai Mistry, himself a gold medalist engineer continued the family business, marking his presence felt in the machine tool manufacturing.
Then from third generation Mr. Janak A. Mistry, Mr. Utpal A. Mistry Mr. Kamal A. Mistry diversified in the field of diamond processing machinery manufacturing and technology development in the year 1991 under the name of Lexus.