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{{short description| | {{short description|Central Public Sector Undertaking}} | ||
{{Use dmy dates|date= | {{Use dmy dates|date=March 2025}} | ||
{{Use Indian English|date=June 2016}} | {{Use Indian English|date=June 2016}} | ||
{{Coord|26.476393|N|80.339617|E|type:landmark|display=title}} | {{Coord|26.476393|N|80.339617|E|type:landmark|display=title}} | ||
{{Infobox company | {{Infobox company | ||
|name = British India Corporation | |name = British India Corporation | ||
|type = [[Public Sector Undertaking| | |type = [[Public Sector Undertaking|Central Public Sector Undertaking]] | ||
|foundation = | |foundation = 1872 | ||
|location = | |location = Kanpur, Uttar Pradesh, India | ||
|key_people = | |key_people = | ||
|industry = Woollen Mills | |industry = Woollen Mills | ||
| Line 15: | Line 13: | ||
|num_employees = 1,800 | |num_employees = 1,800 | ||
|}} | |}} | ||
'''British India Corporation''' Limited (BIC) is a [[Public Sector Undertaking|central public sector undertaking]] under the [[ownership]] of the [[Ministry of Textiles (India)|Ministry of Textiles]], [[Government of India]]. The CPSU produces [[textiles]] for use by civilians and the Indian [[Indian army|armed forces]]. It manufactures the popular "Lal-imli" and "Dhariwal" brands of woollen products. The CPSU was established in 1872 or 1876 by [[Sir Alexander MacRobert]]{{sfnp|Miller|2014|p=109|ps=}} as a CPSU{{r|finexpress}} when he combined his six companies into one enterprise.{{sfnp|Miller|2014|p=109|ps=}} MacRobert died on 22 June 1922{{r|McRobert}}{{efn|Sir Alexander changed the spelling of his name from McRobert to MacRobert when he was awarded a baronetcy.{{sfnp|Miller|2014|p=9|ps=}}}} and his widow, [[Rachel, Lady MacRobert]], assumed the role of director{{r|The Times}} until her eldest son, Alasdair, became chairman in 1937.{{sfnp|Miller|2014|p=128|ps=}} | |||
Its date of incorporation in the [[Registrar of Companies (India)|Registrar of Companies]] is 24 February 1920.<ref>{{cite web |title=BRITISH INDIA CORPORATION LIMITED |url=https://www.zaubacorp.com/company/BRITISH-INDIA-CORPORATION-LIMITED/U17117UP1920GOI000162 |website=Zauba Corp}}</ref> In 1981, it was nationalised and taken over by the Government of India.{{r|finexpress}} It has not generated profit since 1989.{{r|Reuters}} | |||
In 1981, it was nationalised and taken over by the Government of India.{{r|finexpress}} It has not generated profit since 1989.{{r|Reuters}} | |||
Headquartered in [[Kanpur]], BIC nominally operates two [[wool]]len mills in Kanpur and [[Dhariwal, India|Dhariwal]] ( | Headquartered in [[Kanpur]], BIC nominally operates two [[wool]]len mills in Kanpur and [[Dhariwal, India|Dhariwal]] (Punjab). In 2006 the CPSU employed over 2,700 people and had aggregated revenues of {{INRConvert|373|m}}.{{r|fin}}{{r|bic}} | ||
[[File:LalImli.JPG|thumb|right|250px| A view of Lal Imli factory]] | [[File:LalImli.JPG|thumb|right|250px| A view of Lal Imli factory]] | ||
It ceased manufacturing in 2005 but still employs 1,800 people. New weaving machines installed in 2005 have never been used.{{r|Reuters}} | It ceased manufacturing in 2005, but still employs 1,800 people. New weaving machines installed in 2005 have never been used.{{r|Reuters}}<ref>{{Cite web|url=https://www.yugantarpravah.com/news/kanpurs-lal-imli-is-now-in-the-pages-of-history-132357-26-04-2023|title=History of Lal Imli Kanpur: Know once this mill was the identity of Kanpur, now it is imprisoned in the pages of history|website=Yugantar Pravah|access-date=26 April 2023}}</ref> | ||
==References== | ==References== | ||
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<ref name=finexpress> | <ref name=finexpress> | ||
{{cite news |url=http://www.financialexpress.com/news/up-govt-unveils-revival-package-for-british-india-corporation/71834/ |title=UP Govt Unveils Revival Package For British India Corporation |date=28 January 2003 |work=Financial Express |mode=cs2}} | {{cite news |url=http://www.financialexpress.com/news/up-govt-unveils-revival-package-for-british-india-corporation/71834/ |title=UP Govt Unveils Revival Package For British India Corporation |date=28 January 2003 |work=The Financial Express |mode=cs2}} | ||
</ref> | </ref> | ||
<ref name="McRobert"> | <ref name="McRobert"> | ||
{{citation |title=Death of Sir A. McRobert |newspaper=The Times |date=23 June 1922 |page=11 |issue=43065}} | {{citation |title=Death of Sir A. McRobert |newspaper=The Times|location=London|date=23 June 1922 |page=11 |issue=43065}} | ||
</ref> | </ref> | ||
<ref name="Reuters"> | <ref name="Reuters"> | ||
{{cite news |url=http://uk.reuters.com/article/uk-india-industry-zombies-idUKKCN0I10X920141012 |title=Modi seeks to revive India's 'zombie factories', not abandon them | | {{cite news |url=http://uk.reuters.com/article/uk-india-industry-zombies-idUKKCN0I10X920141012 |archive-url=https://web.archive.org/web/20160713202521/http://uk.reuters.com/article/uk-india-industry-zombies-idUKKCN0I10X920141012 |url-status=dead |archive-date=13 July 2016 |title=Modi seeks to revive India's 'zombie factories', not abandon them |agency=Reuters|date=12 October 2014 |mode=cs2}} | ||
</ref> | </ref> | ||
<ref name="The Times"> | <ref name="The Times"> | ||
{{citation |title=Lady MacRobert |newspaper=The Times |date=2 September 1954 |page=8 |issue=53026}} | {{citation |title=Lady MacRobert |newspaper=The Times|location=London|date=2 September 1954 |page=8 |issue=53026}} | ||
</ref> | </ref> | ||
| Line 61: | Line 58: | ||
{{Refend}} | {{Refend}} | ||
{{Kanpur division topics}} | {{Kanpur division topics}} | ||
{{authority control}} | {{authority control}} | ||
| Line 70: | Line 66: | ||
[[Category:Companies nationalised by the Government of India]] | [[Category:Companies nationalised by the Government of India]] | ||
[[Category:Ministry of Textiles]] | [[Category:Ministry of Textiles]] | ||
[[Category:Companies established in 1872]] | |||
[[Category:Indian companies established in 1876]] | [[Category:Indian companies established in 1876]] | ||
[[Category:Indian companies established in 1920]] | |||
[[Category:Manufacturing companies established in 1920]] | [[Category:Manufacturing companies established in 1920]] | ||
{{india-company-stub}} | {{india-company-stub}} | ||
Latest revision as of 11:23, 31 March 2025
26°28′35″N 80°20′23″E / 26.476393°N 80.339617°E
| Industry | Woollen Mills |
|---|---|
| Founded | 1872 |
| Headquarters | Kanpur, Uttar Pradesh, India |
Number of employees | 1,800 |
British India Corporation Limited (BIC) is a central public sector undertaking under the ownership of the Ministry of Textiles, Government of India. The CPSU produces textiles for use by civilians and the Indian armed forces. It manufactures the popular "Lal-imli" and "Dhariwal" brands of woollen products. The CPSU was established in 1872 or 1876 by Sir Alexander MacRobert[1] as a CPSU[2] when he combined his six companies into one enterprise.[1] MacRobert died on 22 June 1922[3][lower-alpha 1] and his widow, Rachel, Lady MacRobert, assumed the role of director[5] until her eldest son, Alasdair, became chairman in 1937.[6]
Its date of incorporation in the Registrar of Companies is 24 February 1920.[7] In 1981, it was nationalised and taken over by the Government of India.[2] It has not generated profit since 1989.[8]
Headquartered in Kanpur, BIC nominally operates two woollen mills in Kanpur and Dhariwal (Punjab). In 2006 the CPSU employed over 2,700 people and had aggregated revenues of ₹373 million (US$5.2 million).[9][10]
It ceased manufacturing in 2005, but still employs 1,800 people. New weaving machines installed in 2005 have never been used.[8][11]
References[edit | edit source]
Notes
Citations
- ↑ 1.0 1.1 Miller (2014), p. 109
- ↑ 2.0 2.1 "UP Govt Unveils Revival Package For British India Corporation", The Financial Express, 28 January 2003
- ↑ "Death of Sir A. McRobert", The Times, no. 43065, London, p. 11, 23 June 1922
- ↑ Miller (2014), p. 9
- ↑ "Lady MacRobert", The Times, no. 53026, London, p. 8, 2 September 1954
- ↑ Miller (2014), p. 128
- ↑ "BRITISH INDIA CORPORATION LIMITED". Zauba Corp.
- ↑ 8.0 8.1 "Modi seeks to revive India's 'zombie factories', not abandon them", Reuters, 12 October 2014, archived from the original on 13 July 2016
- ↑ "British India Corporation, Balance sheet" (PDF), Department of Public Enterprises, archived from the original (PDF) on 16 July 2011
- ↑ "British India Corporation Ltd" (PDF), Ministry of Textiles, archived from the original on 19 June 2009
- ↑ "History of Lal Imli Kanpur: Know once this mill was the identity of Kanpur, now it is imprisoned in the pages of history". Yugantar Pravah. Retrieved 26 April 2023.
Bibliography
- Miller, Marion (2014), Cawnpore to Cromar, Librario, ISBN 978-1-909238-09-1
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