Ministry of Textiles12-February, 2014 19:11 IST
Functioning of textile industries in Maharashtra

National Textile Corporation (NTC) had a total of 35 sick mills taken over from private entrepreneurs under various legislations in the state of Maharashtra

National Textile Corporation (NTC) had a total of 35 sick mills taken over from private entrepreneurs under various legislations in the state of Maharashtra. Due to the continuous loses and erosion of its net worth these mills were referred to Board of Industrial Financial Reconstruction (BIFR). Now NTC is implementing BIFR approved revival scheme, under which 5 mills have been revived by NTC which is financed through sale of surplus assets of NTC. 5 mills are managed through joint venture route (Annexure-I). The list of remaining closed mills are at (Annexure-II).

 

 

The detail of land & machinery of Textile Industries sold in the state of Maharashtra during last ten years is as under:-

 

(RS IN CRORES)

 

Plant & Machinery

145.85

Land

4939.33

Total

5085.18


 

 

 

 

Annexure -1

DISTRICT-WISE  MAHARASHTRA STATE MILLS   REVIVED BY NTC

 

S.No.

NAME OF THE  MILLS

DISTRICT

Amount  in Rs. Crores

 

1

PODAR MILLS MUMBAI

MUMBAI

39.96

 

2

TATA MILLS MUMBAI

MUMBAI

80.87

 

3

INDIA UNITED M ILL NO.5 MUMBAI

MUMBAI

31.44

 

4

BARSHI TEXTILE MILLS BARSHI

SHOLAPUR

24.67

 

5

FINLAY MILLS ACHALPUR

AMRAVATI

254.66

 

TOTAL

 

 

431.60

    DISTRICT WISE  MAHARASHTRA STATE MILLS REVIVED THROUGH J.V. ROUTE

 

1

INDIA UNITED MILLS  NO.1 MUMBAI

MUMBAI

 

2

APOLLO TEXTILE MILLS MUMBAI

MUMBAI

 

3

GOLDMOHUR MILLS MUMBAI

MUMBAI

 

4

NEW CITY OF BOMBAY MFG. MILLS MUMBAI

MUMBAI

 

5

AURANGABAD TEXTILE MILLS AURANGABAD

AURANGABAD

 

 

 

Annexure-2

DISTRICT-WISE NTC MILLS OF MAHARASHTRA CLOSED UNDER ID ACT

S.No.

NAME OF THE  MILLS

DISTRICT

1

INDIA UNITED MILLS NO.2 MUMBAI

Mumbai

2

INDIA UNITED MILLS NO.3 MUMBAI

Mumbai

3

INDIA UNITED MILLS NO.4 MUMBAI

Mumbai

4

KOHINOOR MILLS NO.2 MUMBAI

Mumbai

5

KOHINOOR MILLS NO.3 MUMBAI

Mumbai

6

JAM MFG. MILLS MUMBAI

Mumbai

7

MODEL MILLS NAGPUR

Nagpur

8

R.S.R.G. MILLS AKOLA

Akola

9

SHRI SITARAM MILLS MUMBAI

Mumbai

10

VIDHARBHA MILLS ACHALPUR

Amravati

11

BHARAT TEXTILE MILLS MUMBAI

Mumbai

12

DIGV IJAY TEXTILE MILLS MUMBAI

Mumbai

13

ELPHINSTONE SPG & WVG MILLS MUMBAI

Mumbai

14

JUPITER TEXTILE MILLS MUMBAI

Mumbai

15

MUMBAI TEXTILE MILLS MUMBAI

Mumbai

16

NEW HIND TEXTILE MILLS MUMBAI

Mumbai

17

PODAR PROCESSORS MUMBAI

Mumbai

18

SHREE MADHUSUDAN MILLS MUMBAI

Mumbai

19

INDIA UNITED MILLS NO.6 ( DYE Works) MUMBAI

Mumbai

20

KOHINOOR MILLS NO.1 MUMBAI

Mumbai

   DISTRICT- WISE NTC MILLS OF MAHARASHTRA STATE FOR WHOM M.O.U. SIGNED FOR J.V. CANCELLED ARBITATOR APPOINTED MATTER SUB-JUDICE.

 

MILL

DISTRICT

21

RBBA MILLS HINGANGHAT

HINGANGHAT

22

SAVATRAM RAMPRASAD MILLS AKOLA

AKOLA

23

CHALISGAON TEXTILE MILLS CHALISGAON

CHALISGAON

24

DHULE TEXTILE MILLS DHULE

DHULE

25

NANDED TEXTILE MILLS NANDED

NANDED

 

 

 

               The information was given by the Minister of State in the Ministry of Textiles Smt. Panabaaka  Lakshmi in                                                the Rajya Sabha today. 

 

DS/SJM

 


(Release ID :103609)