National Textile Corporation

The National Textile Corporation is a Central Public Sector Enterprises (CPSE), established in April 1968. The main purpose of the company is to re-establish the sick textile undertakings in the private sector. The Textile mills were nationalized under Sick Textile Undertakings (Nationalization) Act 1974. The National Textile Corporation owned around 16 textile mills in 1968, which increased to 103 in the year 1972. By the year 1995, the company owned 119 Textile Mills with an authorized capital of ₹100 million.

NTC happens to be among the largest landholders in the country with most land parcels in central and prime urban spaces. The total land with NTC from information gathered from publicly available sources is 1,158 acres with a value of ₹ 25,622 crore (estimated using conservative land prices and an FSI of only 1). See map and its accompanying table for details.

National Textile Corporation (NTC)

#	Mill	Area (acre)	Value (₹ crore)
1	Malout	21	42
2	New Victoria Mills Kanpur	31	63
3	Muir Mills Kanpur	46	93
4	Swadesh Cotton Mills Kanpur	54	109
5	Luxmi Ratan Mills Kanpur	13	26
6	Atherton Mills Kanpur	22	45
7	Chandrapur	70	142
8	Bijli Cotton Mills	1	2
9	Mahalaxmi Mills Beawar	16	32
10	Bijaynagar Cotton Mills	15	30
11	Swadeshi Cotton Mill	25	51
12	Bihar Cooperative Mills Mokameh	30	61
13	Udaipur	14	28
14	Manindra B.T. Tex. Mills Cossimbazar	6	12
15	Bhopal	53	107
16	Hira Mills Ujjain	72	146
17	Viramgam	14	28
18	Ahmedabad	8	16
19	Kalyanmal Mills	33	67
20	Indore	44	89
21	Sodepur Cotton Mills	9	18
22	Petlad Mills	30	61
23	Burhan Tapti Mills	6	12
24	Madhusudan Mills	11	2,226
25	RSRG Mills Akola	8	1,619
26	Aurangabad Mills	1	202
27	Indu Mills	7	1,416
28	Kohinoor Mills	16	3,237
29	Tata Mills	14	2,833
30	Finlay Mills	10	2,023
31	Jam Mills	7	1,416
32	Sita Ram Mills	11	2,226
33	Barshi Mills	22	4,452
34	MSK Mills	38	414
35	Anantpur Mills Tadaptatri	44	89
36	Tolahunse	138	1,503
37	Tirupat Cotton Mills Renigunta	41	83
38	Mysore Mills	3	33
39	Minerva Mills	29	316
40	Pioneer Spinners	33	67
41	Kaleswarrar Mills	15	30
42	Somasunaram Mills	6	12
43	Coimbatore Spg& Wpg Mills	18	36
44	Kaleswarrar Mills B unit	53	107
Total		1,158 acre	₹ 25,622 crore

Textiles Mills in Mumbai

The textile mills owned by the National Textile Corporation in Mumbai have closed down for decades. These abondoned mills are sitting on huge tracts of land which can be used for many other productive purposes of industrialization, commercialization, affordable housing, or educational institutions. Mumbai was the land of 56 textile mills occupying around 600 acres of land and providing employment opportunities to more than 2.5 lakh workers. After 1982 the issues arising between the workers union and textile mills owners with respect to wages led to the downfall of the textile industry in Mumbai. The Maharashtra Government asked NTC and Private mills owners to develop the non-operational textile mills only if they give two-thirds of land to the government for the purpose of affordable housing.

The 2001 amendment made by the then government made things worse. The amendment laid down that only "surplus land" within the mills shall be divided. While, land inhabited by the mill's build-ups would continue remaining with the owners of the mills. In the absence of such an amendment Mumbai could have received at least 400 acres of land for its development.

The vacant mills in Mumbai occupy highest valued parts of the city. They are abandoned and locked keeping away affordable housing and possibilities of development for the city. From the information available publicly, of 13 abandoned mills in Mumbai lock 155.83 acre of the value ₹ 31,533 crore (valued using conservative land prices and an FSI of only 1). See the map and its accompanying table for more details.

Vacant Mill Land in Mumbai

#	District	Area (acre)	Value (₹ crore)
1	Kohinoor Mills	22	4,452
2	Gold Mohur	7.05	1,427
3	Tata Mills	28.27	5,720
4	Madhusudan Mills	18.05	3,652
5	India United Mill No 1	19.45	3,936
6	Finlay Mills	10.4	2,104
7	Jam Mills	7.99	1,617
8	Podar Mills	6.19	1,253
9	Sitaram Mills	8.43	1,706
10	Digvijay Mills	9.33	1,888
11	Apollo Mills	6.41	1,297
12	New City	6.7	1,356
13	India United Mills No 5	5.56	1,125
Total		155.83 acre	₹ 31,533 crore