Mahalaxmi Industries aims to become the number one plastic products manufacturer in India and worldwide by focusing on quality products, customer satisfaction, and brand while also achieving profitability. The company discusses operating in cycles of profit and maintenance/management and establishing systems and policies with clear roles, decision making processes, long-term vision, communication, understanding, and leadership. It emphasizes the importance of documentation, time management, teamwork, dividing work, proper material storage, and maintaining a good plant environment.