Textile Mills in Mumbai
Revision as of 17:59, 28 May 2018 by Manan.seth (talk | contribs) (Created page with "The National Textile Corporation is a Central Public Sector Enterprises (CPSE), and it was established in April 1968. The main purpose of the company is to re-establish the s...")
The National Textile Corporation is a Central Public Sector Enterprises (CPSE), and it was 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 1972.73. By the year 1995 the company owned 119 Textile Mills with an authorized capital of ₹100 million.
