British India Corporation

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]

British India Corporation
TypePSU
IndustryWoollen Mills
Founded1920
Headquarters14/66, Civil Lines, Kanpur-208 001, INDIA
Number of employees
1,800

In 1981, it was nationalised and taken over by the Government of India.[2] It has not generated 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$5.2 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. Miller (2014), p. 109
  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. "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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