Tata Textile Mills was a
textile mill
Textile Manufacturing or Textile Engineering is a major industry. It is largely based on the conversion of fibre into yarn, then yarn into fabric. These are then dyed or printed, fabricated into cloth which is then converted into useful goods ...
s business of
Tata Group
The Tata Group () is an Indian multinational conglomerate headquartered in Mumbai. Established in 1868, it is India's largest conglomerate, with products and services in over 150 countries, and operations in 100 countries across six continents ...
, with its head office in
Bombay
Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the second-m ...
. It consisted of four textile mills; namely, Central India Mills also popularly known as Empress Mills in
Nagpur
Nagpur (pronunciation: aːɡpuːɾ is the third largest city and the winter capital of the Indian state of Maharashtra. It is the 13th largest city in India by population and according to an Oxford's Economics report, Nagpur is projected to ...
, the Svadeshi Mills in Bombay, the Tata Mills in Bombay, and the Advance Mills in
Ahmedabad.
[Claude Markovits. ]
Indian Business and Nationalist Politics 1931-39: The Indigenous Capitalist Class and the Rise of the Congress Party
'. Cambridge University Press; 16 May 2002 [Retrieved 3 March 2017]. . p. 31. For several decades the four mills produced and sold fabrics under the much-reputed brand name of Tata Textiles.
[
Tata made its first entry into manufacturing and industry in 1874, when it founder, ]Jamsetji Tata
Jamsetji (Jamshedji) Nusserwanji Tata (3 March 1839 – 19 May 1904) was an Indian pioneer industrialist who founded the Tata Group, India's biggest conglomerate company. Named the greatest philanthropist of the last century by several pol ...
, started The Central India Spinning, Weaving and Manufacturing Company in Victoria Mills, later renamed Empress Mill when Queen Victoria
Victoria (Alexandrina Victoria; 24 May 1819 – 22 January 1901) was Queen of the United Kingdom of Great Britain and Ireland from 20 June 1837 until her death in 1901. Her reign of 63 years and 216 days was longer than that of any previo ...
was proclaimed Empress of India on 1 January 1877. In 1887, Jamsetji purchased the failing Dharamsi Mills located at Kurla, renamed it Svadeshi Mill, and made it a success, with its produced cloth extensively exported to China, Korea, Japan, and the Levant. The Ahmadabad Advance Mills began its operation in 1903.[
Jointly, Tata mills were one of big producers of cotton textiles in India until the 1980s. The four mills of Tata Textiles produced about 150 million metres of cotton and other cloth annually in 1972, having 325,000 spindles and 6845 looms. Tatas gradually exited from textile business, from the 1980s, selling Nagpur-based Empress Mills in 1986, which was taken over by Maharashtra State Textile Corporation, which closed it, in 2002. In 1990 they exited from 87 year old New Ahmadabad Advance Mills, which was sold to Phulchand Exports.]
Business India
'. A.H. Advani; October 1990 [Retrieved 3 March 2017]. p. 75.BIFR
The Board for Industrial and Financial Reconstruction (BIFR) was a development finance institution under the ownership of Ministry of Finance, Government of India, part of the Department of Financial Services of the Ministry of Finance. Set up i ...
, in 1997, and the Shapoorji Pallonji Group has since waged a legal battle, as its chief creditor.[
]
References
{{Tata Group, state=collapsed
Manufacturing companies established in 1874
Companies disestablished in 1997
Tata Group
Manufacturing companies based in Mumbai
Defunct textile companies of India
Defunct companies based in Mumbai
Indian companies established in 1874
Indian companies disestablished in 1997