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{{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=Special Correspondent|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 owned by the [[National Textile Corporation]] (NTC) in [[Kollam]] city, [[India]].<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 citizen A.D. Cotton and was the lifeline of Kollam before independence. This mill was taken for rent for running by a Tamil enterpriser after Independence as the land was owned by the Kerala State Textile Corporation at that time. It was later was handed over to the NTC. The company has 120 employees, six of which are NTC staffers and 17 are casual workers. The plant has been shut down since 2008 pending modernisation.<ref name="Fresh moves" /> However, there is demand to build a bird sanctuary connected to backwaters.

==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 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=http://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]] who 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]], [[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 |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 |title=Parvathy Mills may get modernised |publisher=TNIE |access-date=24 February 2015}}</ref> To date these improvements have not taken place, and 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 |publisher=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 mill's land to start 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 Limited - Revision history

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