British India Corporation

Coordinates: 26°28′35″N 80°20′23″E / 26.476393°N 80.339617°E / 26.476393; 80.339617

British India Corporation
PSU
Industry Woollen Mills
Founded 1920
Headquarters 14/66, Civil Lines, Kanpur-208 001, INDIA
Number of employees
 1,800
Website www.lal-imli.com

British India Corporation Limited (BIC) is a Public Sector Undertaking (PSU) of the Ministry of Textiles, Government of India. The company produces textiles for use by civilians and the Indian armed forces. It manufactures the popular "Lal-imli" and "Dhariwal" brands of woollen products. The company was established in 1920 by Sir Alexander MacRobert[1] as a public limited company[2] when he combined his six companies into one enterprise.[1] MacRobert died on 22 June 1922[3][lower-alpha 1] and his widow, Lady Rachel Workman MacRobert, assumed the role of director[5] until her eldest son, Alasdair, became chairman in 1937.[6]

In 1981, it was nationalised and taken over by the government of India.[2] It has not generated a profit since 1989.[7]

Headquartered in Kanpur, BIC nominally operates two woollen mills in Kanpur and Dhariwal (Punjab). In 2006 the company employed over 2,700 people and had aggregated revenues of ₹373 million (US$5.5 million).[8][9]

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.[7]

References

Notes

  1. ↑ Sir Alexander changed the spelling of his name from McRobert to MacRobert when he was awarded a baronetcy.[4]

Citations

  1. 1 2 Miller (2014), p. 109
  2. 1 2 "UP Govt Unveils Revival Package For British India Corporation", Financial Express, 28 January 2003
  3. ↑ "Death of Sir A. McRobert", The Times (43065), p. 11, 23 June 1922
  4. ↑ Miller (2014), p. 9
  5. ↑ "Lady MacRobert", The Times (53026), p. 8, 2 September 1954
  6. ↑ Miller (2014), p. 128
  7. 1 2 "Modi seeks to revive India's 'zombie factories', not abandon them", Reuters, 12 October 2014
  8. ↑ "British India Corporation, Balance sheet" (PDF), Department of Public Enterprises, archived from the original (PDF) on 16 July 2011
  9. ↑ "British India Corporation Ltd" (PDF), Ministry of Textiles, archived from the original on 19 June 2009

Bibliography

  • Miller, Marion (2014), Cawnpore to Cromar, Librario, ISBN 978-1-909238-09-1 


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