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{{Short description|Indian textile company}}
{{Use dmy dates|date=May 2018}}
{{Use Indian English|date=May 2018}}
{{Infobox company
| name = Parvathy Mills Ltd.
| logo =
| type = [[Public Sector]]
| founded = [[Chinnakada]], [[Downtown Kollam|Downtown]] [[Kollam]], [[India]] (1884)<ref>{{cite web|url=http://www.thehindu.com/todays-paper/tp-national/tp-kerala/people-demand-parvathi-mills-land-for-mch/article5731511.ece|title=People demand cotton Mills land for MCH|author=|work=The Hindu|access-date=25 February 2015}}</ref>
| founder =
| location_city = [[Kollam|Kollam (Quilon)]]
| location_country = <br>[[India]]
| key_people =
| industry = [[Textile industry]]
| products = Textile
| revenue =
| operating_income =
| net_income =
| assets=
| equity=
| num_employees = 120<ref name="Fresh moves">{{cite web|url=http://www.thehindu.com/todays-paper/tp-national/tp-kerala/fresh-moves-to-revive-parvathy-mills-in-kollam/article3587593.ece|title=Fresh moves to revive Parvathy Mills in Kollam|author=Staff Reporter|work=The Hindu|access-date=25 February 2015}}</ref>
| homepage =
}}
'''A.D.Cotton''' or '''Parvathi Mills Limited''' is a [[textile manufacturing]] company located in [[Kollam]] city, [[India]], owned by the [[National Textile Corporation]] (NTC).<ref>{{cite web|url=http://kollam.nic.in/teld3.html |title=District Official Telephone Numbers – Kollam |access-date=24 February 2015}}</ref> The company was founded in 1884 by British entrepreneur A. D. Cotton.

After Indian independence, the mill was operated on lease by a Tamil entrepreneur, while the land was owned by the Kerala State Textile Corporation. It was later transferred to the [[National Textile Corporation]]. The company employed about 120 workers, including six NTC staff members and 17 casual workers. The plant has remained closed since 2008 pending modernization.<ref name="Fresh moves" /> However, there is demand to build a bird sanctuary connected to backwaters.<ref>{{cite news |last1=archive |first1=From our online |title=Parvathy Mills may get modernised |url=https://www.newindianexpress.com/cities/thiruvananthapuram/2010/Jul/11/parvathy-mills-may-get-modernised-168836.html |work=The New Indian Express |date=16 May 2012 |language=en}}</ref>

==History==
His Highness [[Visakham Thirunal]] Rama Varma, the then [[Maharaja of Travancore]] took the initiative to start a spinning mill in [[Quilon]] city (now known as [[Kollam]]), which was then the business capital of [[Travancore]] along the [[Malabar Coast]]. He donated the land to start the AD Cotton Mill in 1884. The land was handed over to [[National Textile Corporation]] in 1974.<ref name="auto">{{cite web|url=https://www.deccanchronicle.com/141222/nation-current-affairs/article/delay-identifying-land-holds-kollam-medical-college-plan |title=Delay in identifying land holds up Kollam medical college plan |publisher=Deccan Chronicle |access-date=24 February 2015}}</ref>

The NTC planned to privatize Parvathy Mills in 2005. The plant was added by the [[Board for Industrial and Financial Reconstruction]], which had listed it for revival in 2002. The plan was dropped after protests by the Parvathy Mills Workers Union.<ref>{{cite web|url=http://www.thehindu.com/2005/11/22/stories/2005112214140300.htm |archive-url=https://archive.today/20150224134728/http://www.thehindu.com/2005/11/22/stories/2005112214140300.htm |url-status=dead |archive-date=24 February 2015 |work=[[The Hindu]] |title=Drop moves to privatise Parvathy Mills |date=2005-11-22 |access-date=24 February 2015}}</ref>

Along with many other mills in [[Mumbai]], [[Coimbatore]], [[Ahmedabad]], [[Aurangabad, Bihar|Aurangabad]], [[Akola]], [[Nanded]], [[Naini, Prayagraj|Naini]], [[Jaipur]] and [[Udaipur]], Parvathy Mill was slated for redevelopment and modernisation in 2007<ref>{{cite web|url=http://articles.economictimes.indiatimes.com/2007-08-27/news/28472312_1_surplus-land-ntc-mills-apollo-textile-mills |archive-url=https://web.archive.org/web/20150224165714/http://articles.economictimes.indiatimes.com/2007-08-27/news/28472312_1_surplus-land-ntc-mills-apollo-textile-mills |url-status=dead |archive-date=24 February 2015 |title=NTC set to cash in on hot properties |publisher=The Economic Times |access-date=24 February 2015}}</ref> and 2012.<ref>{{cite web|url=http://www.newindianexpress.com/cities/thiruvananthapuram/article181497.ece |archive-url=https://web.archive.org/web/20150224161844/http://www.newindianexpress.com/cities/thiruvananthapuram/article181497.ece |url-status=dead |archive-date=24 February 2015 |title=Parvathy Mills may get modernised |publisher=TNIE |access-date=24 February 2015}}</ref> To date, these improvements have not taken place, and the mill has been closed since 2008.<ref>{{cite web|url=http://www.thehindu.com/todays-paper/tp-national/tp-kerala/people-demand-parvathi-mills-land-for-mch/article5731511.ece |title=People demand Parvathi Mills land for MCH |work=The Hindu |access-date=24 February 2015}}</ref><ref name="Fresh moves" /> As per the market rates in 2019, the total land value of Parvathy Mill would be more than {{INRConvert|500|c|0}}. The defunct mill's machinery has already become outdated and rusted beyond revival.<ref>{{cite web|url=https://www.deccanchronicle.com/nation/current-affairs/201119/thiruvananthapuram-no-work-full-pay-at-national-textile-corporation.html |title=Thiruvananthapuram: No work, full pay at National Textile Corporation |publisher=Deccan Chronicle |date=20 November 2019 |access-date=20 November 2019}}</ref>

===Demands for the mill's land to start a medical college===
Representatives from Kollam, along with organizations, staged a [[dharna]] and march in February 2014 to try to obtain the Parvathy Mill land as the site for a government medical college. The mill is on 16.40 acres of prime city land<ref name="auto" /> valued at more than Rs. 4 billion (US$64 million) as per the market value of 2014.{{citation needed|date=February 2015}} {{As of|December 2014}}, administrative delays in deciding on a site and obtaining land continue to delay the start of construction of the new college.<ref name="auto"/>

==References==
{{reflist}}

{{Kollam}}

{{authority control}}

[[Category:Companies based in Kollam]]
[[Category:Textile companies of India]]
[[Category:Government-owned companies of India]]
[[Category:Cotton industry in India]]
[[Category:Indian companies established in 1884]]
[[Category:Manufacturing companies established in 1990]]

Parvathy Mills - Revision history

SallieChinnery5: Made New Stub First Draft - done