Bangladesh Textile Mills Corporation
| Abbreviation | BTMC |
|---|---|
| Formation | 1972 |
| Type | Government |
| Headquarters | Dhaka, Bangladesh |
| Location |
|
Region served | Bangladesh |
Official language | Bengali |
Chairman | Brigadier General Mahbub Ahmed Zakaria, |
| Website | www |
Bangladesh Textile Mills Corporation, or BTMC,[1] is a public corporation that owns and manages all government textile mills in Bangladesh and is located in Dhaka.[2] It manages 18 government owned textile factories.[3]
History[edit]
The corporation was established on 26 March 1972 through the nationalization of textile mills in Bangladesh.[4][5] It owns Eagle Textile in Chittagong.[6] The Ministry for Textiles and Jute is responsible for running the corporation.[7] The corporation has the largest liability of any state owned enterprise in Bangladesh with 76.54 billion taka in loans.[8] Nearly 99% of its loans are in default.[9] Rangamati Textile Mill is also owned by the corporation.[10] It used to manage 86 government owned textile mills which has been reduced to the 18 today.[3][11]
List of nationalised textile mills[edit]
About 73 textile mills were nationalised following the independence of Bangladesh and later they became subsidiaries of the Bangladesh Textile Mills Corporation.[12] The list is given below:
- Adarsha Cotton Spinning and Weaving Mills
- Ahmed Bawany Textile Mills
- Ahmed Silk Mills
- Al-Haj Textile Mills
- Amin Textile Limited
- Ashraf Textile Mills
- Asiatic Cotton Mills
- Bengal Textile Mills
- Bogra Cotton Spinning
- Calico Cotton Mills
- Chand Textile Mills
- Chisty Textile Mills
- Chittagong Textile Mills
- Chittaranjan Cotton Mills
- Cotton Textile Crafts
- Dacca Cotton Mills
- Dacca Dyeing and Manufacturing Co.
- Dhakeswari Cotton Mills
- Dost Textile Mills
- Eagle Star Textile Mills
- Elahi Cotton Mills
- E. P. Textile Mills
- Fine Cotton Mills
- Gawsia Cotton Spinning Mills
- Goalundo Textile Mills
- Habibur Rahman Textile Mills
- Halima Textile Limited
- Ibrahim Cotton Mills
- Jaba Textile Mills
- Jalil Textile Mills
- Jess Blanket Manufacturing Co.
- Karim Silk Mills
- Khulna Textile Mills
- Kohinoor Spinning Mills
- Kokil Textile Mills
- Kushtia Textile Mills
- Luxmi Narayan Cotton Mills
- Mainamati Textile Mills
- Meghna Textile Mills
- Metex Cotton
- Mohini Mills
- Monnoo Textile Mills
- Moula Textile Mills
- Muslin Cotton Mills
- National Cotton Mills
- N. H. Textile Mills
- Olympia Textile Mills
- Orient Textile Mills
- Pahartali Textile and Hosiery Mills
- Paruma Textile Mills
- Pylon Industries
- Quaderia Textile Mills
- Quasem Cotton Mills
- Rahman Textile Mills
- Raz Textile Mills
- R. R. Textile Mills
- Rupali Noor Textile Mill
- Rupali Nylon
- Satrang Textile Mills
- Serajganj Spinning and Cotton Mills
- Sharmin Textile Mills
- Tamizuddin Textile Mills
- Tangail Cotton Mills
- Zeenat Taxtile Mills
- Afsar Cotton Mills
- Bangladesh Textile Mills
- Dhakeswari Cotton Mills
- Eastern Textile Mills
- Mohammadi Calendering & Printing Mills
- Nylon Industries
- Valika Woolen Mills Co. (Chittagong) Limited
- Alauddin and Taiera Textile Mills
- Zaritex Limited
- Zofine Fabrics
References[edit]
- ^ "Former athlete Firoza recalls old days". Prothom Alo. Archived from the original on 19 October 2016. Retrieved 14 October 2016.
- ^ "Bangladesh Textile Mills Corporation: Private Company Information". bloomberg.com. Retrieved 14 October 2016.
- ^ a b "BTMC moves to reopen six mills with Chinese help". The Financial Express. Dhaka. Archived from the original on 18 October 2016. Retrieved 14 October 2016.
- ^ "Public Sector Enterprise". Banglapedia. Retrieved 14 October 2016.
- ^ "bangladesh textile mills corporation". btmc.gov.bd. Retrieved 14 October 2016.
- ^ "Silk Board for raising duty on imported item". The Financial Express. Dhaka. Retrieved 14 October 2016.
- ^ "Divested jute, textile mills flouting conditions". The Financial Express. Dhaka. Retrieved 14 October 2016.
- ^ Ahmed, Hafez. "SoEs classified loans to 4 banks down to Tk 2.9b". The Financial Express. Dhaka. Archived from the original on 18 October 2016. Retrieved 14 October 2016.
- ^ "Losses pile up at state entities". The Daily Star. 13 June 2010. Retrieved 14 October 2016.
- ^ "No move yet to reopen Rangamati Textile Mill". The Daily Star. 5 February 2009. Retrieved 14 October 2016.
- ^ "Feeding RMG exports". theworldfolio.com. The Worldfolio. Retrieved 14 October 2016.
- ^ "Industrial enterprises placed under Bangladesh Cotton Mills Corporation" (PDF).