National Textile Corporation Ltd, kalavati palewal market kota

10/11/2025

NTC workers have not received salaries for eight months
Published - October 23, 2025 08:05 pm IST

The Hindu Bureau
COIMBATORE Approximately 2,000 workers of seven National Textile Corporation (NTC) mills in Tamil Nadu have not received their monthly salaries for the last eight months, according to trade union leaders in Coimbatore.

M. Arumugam, former Valparai MLA and AITUC leader, stated that the mills - five in Coimbatore and two in the southern districts - were closed in March 2020 due to the COVID pandemic. The workers received full salaries from March 2020 to June 2023, following demands made by the unions. Subsequently, they received 50% of their salaries until February. However, they have not received any salary for the last eight months.

“We are taking various measures, including protests, submitting appeals to officials and ministers, and pursuing legal action. The workers have been without jobs for the last five years and without salaries for the last eight months. Many have switched to new jobs, but they are frustrated. The officials claim that there is no money. We have provided several suggestions to reopen the mills,” he said.

The unions have raised a dispute with the Regional Labour Commissioner regarding the payment of full wages, and the matter has been referred to the industrial tribunal. Additionally, the union has filed a case in the Madras High Court two years ago, demanding the reopening of the mills, he stated.

NTC workers to receive funds for Deepavali
According to HMS leader T.S. Rajamani, the workers received 12.5% of their last received wages as a festive amount for Deepavali. It is reported that some workers in Maharashtra received a three-year bonus based on the claims they submitted, he said.

Published - October 23, 2025 08:05 pm IST

06/06/2025

NTC unions demand reopening of mills, open to privatisation if needed
by Apparel Resources News-Desk
29-May-2025 | 2 mins read

NTC unions demand reopening of mills, open to privatisation if needed | Textile Manufacturing News
Image Courtesy: The Hindu

Trade unions representing workers from 22 National Textile Corporation (NTC) mills across India are once again insisting the Government reopen the mills, which have shut down since 2020 on account of the COVID-19 pandemic. Union leaders say the prolonged closure has left more than 20,000 workers and their families in severe financial instabilities.

A working-class organisation called National Coordination Action Committee for Mills, led by Sachin Ahir, emphasised the immediacy for re-opening to safeguard work opportunities for these workers. He said that if this is required, then the Government should choose between privatisation or public-private partnership to revive the mills.

Out of the 22 mills, five are located in Maharashtra, encompassing well-known units in Mumbai and Achalpur, collectively employing nearly 3,000 workers. Ahir also stated that although the Government had promised to pay 50 per cent of the wages during the shutdown, those payments have been pending for the past eight months, along with over Rs. 2 crore in bonus dues outstanding for four years.

The unions allege that deteriorating conditions, especially during the monsoon, are damaging valuable machinery—an indication that management may be aiming to shut down the mills permanently.

He also highlighted that the mills, with assets valued at over Rs. 5,000 crore, could be effectively utilised for public sector purposes, including manufacturing fabric for hospitals and various Government institutions for ensuring their sustainability.

Rashtriya Mill Mazdoor Sangh and other unions are also engaged in looking for legal options to safeguard rights of workers and advocate for the mills reopening.

27/04/2025

azadi ka amrit mahotsav
PARLIAMENT QUESTION: RESTART NATIONAL TEXTILE CORPORATION MILLS
Posted On: 26 MAR 2025 4:14PM by PIB Delhi
Government has taken a number of initiatives in order to ensure holistic development of the entire textile sector including powerloom across the country including Malegaon, Maharashtra. The major schemes/initiatives include PM Mega Integrated Textile Regions and Apparel (PM MITRA) Parks Scheme which seeks to create a modern, integrated large scale, world class industrial ecosystem, which will help in attracting investments and boosting employment; Production Linked Incentive (PLI) Scheme focusing on Man Made Fibre & Apparel, and Technical Textiles to boost large scale manufacturing and enhancing competitiveness; National Technical Textiles Mission focusing on Research Innovation & Development, Promotion and Market Development, Skilling and Export Promotion; SAMARTH – Scheme for Capacity Building in Textile Sector with the objective providing demand driven, placement oriented, skilling program; ATUFS to incentivize technology upgradation and modernization through capital investment subsidy for eligible investment in benchmarked textile machinery; Silk Samagra-2 for comprehensive development of sericulture value chain; National Handloom Development Program (NHDP) and National Handicraft Development Program (NHDP) for end to end support for handloom and handicraft sectors etc.

In addition, the Government of Maharashtra is implementing the Integrated and Sustainable Textile Policy 2023-2028 to support various components of the textile value chain in Maharashtra including Powerlooms. The Maharashtra Technology Upgradation Fund Scheme (MAHA_TUFS) seeks to facilitate Powerlooms in Maharashtra including Malegaon in augmenting investments, productivity, quality, employment and exports through various incentives to the eligible units for technology upgradation as per specified guidelines.

Trade remedy mechanism is available for addressing issues of dumping and cheap imports and domestic industry is eligible to file applications to seek relief against such imports to Directorate General of Trade Remedies (DGTR). After detailed investigations, preliminary/final findings are issued by DGTR based on which, Department of Revenue imposes provisional/definitive anti-dumping duties.

Production activity in all 23 operational NTC Mills was suspended due to Covid-19 and nationwide lockdown imposed by Central/States governments from March, 2020. Normal operations were resumed in some of the NTC Mills from January, 2021, which could not continue due to unavailability of working capital and other financial constraints.

There is no such proposal under consideration for the establishment of Mega Investment Textile Park in Malegaon to support power loom weavers.

Government had been also implementing a Group Insurance Scheme against death/disability for Powerloom weavers. Financial assistance of Rs.15.69 crore for 3,148 death claims were provided from 2003-2019 under Group Insurance Scheme (GIS) in the state of Maharashtra. Besides social security benefits through scholarship of Rs. 48.65 lakh for 5,539 children of powerloom workers were provided under Shiksha Sahayog Yojana in the state of Maharashtra since inception. Since 1.4.2020, the Group Insurance Scheme has been converged with Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY).

This information was provided by THE MINISTER OF STATE FOR TEXTILES SHRI PABITRA

MARGHERITA in a written reply to a question in Lok Sabha today.

*****



DHANYA SANAL K

DIRECTOR

(Lok Sabha US Q4020)

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Read this release in: Urdu , Hindi

23/03/2025

CBI takes over investigation of 6 crore cotton yarn export scam
Venkadesan S / Mar 22, 2025, 23:35 IST

Chennai: Central Bureau of Investigation (CBI) has taken over investigation of a 6 crore cheating case related to the export of cotton yarn to Pakista.

08/03/2025

Hit during Covid, state-run National Textile Corp may be closed down by govt
ByRajeev Jayaswal

An official said the production activities in the 23 mills of NTC were on until Covid-19 pandemic hit the country in March 2020NEW DELHI The government is considering various options including closure of state-run National Textiles Corporation Ltd (NTC) along with its 23 mills as commercial production in these units has been suspended since Covid, at least three officials with direct knowledge of the matter said.The ministry of textiles is expected to prepare an action plan on NTC after consulting the NITI Aayog and the Department of Public Enterprises
NTC has a land bank of around 3,661 acres in prime locations, hence any such action would require proper planning,” one of them said.The ministry of textiles is expected to prepare an action plan on this matter soon after consulting the NITI Aayog and the Department of Public Enterprises (DPE),” he said.
Email queries sent to the government’s spokespersons, senior textiles ministry officials and the CMD of NTC on this matter elicited no response.
“This is a work in progress as per the new PSE (public sector enterprise) policy, which stipulates that a final decision will be taken by the competent authority,” a second official said.

Although the new government at the Centre is “by-and-large” expected to maintain the policy continuity, the matter could be placed before the Cabinet after a review, he added.The government on February 4, 2021 notified the new PSE policy, which asked DPE to identify central public sector enterprises (CPSEs) for closure or privatisation in non-strategic sectors as per the recommendation of the administrative ministry, he said.

NTC is a non-strategic enterprise, he added.

According to a third person, production activities in the 23 mills of NTC were on until Covid-19 pandemic hit the country in March 2020.

Work was suspended in these mills due the nationwide lockdown.

After the lockdown was lifted, work at 14 mills were restored with the available raw materials from January 2021. Then the second wave of Covid-19 pandemic hit again, leading to the closure of all NTC mills in April 2021.

After that operations could not be restored to the normal level because of unavailability of working capital and other financial issues.According to available data, the company had been posting net loss of over ₹300 crore annually since 2018-19 till 2022-23.

“The mills are sick because they are facing technical obsolescence, excess manpower, financial crunch and poor productivity,” he said.

The 23 National Textiles Corporation Ltd mills are located in the states of Tamil Nadu (seven mills) Maharashtra (five), Kerala (four), Madhya Pradesh (two) and one each in Andhra Pradesh, Gujarat, Karnataka, Kerala, and Puducherry.

According to the textile ministry’s annual report for 2022-23, NTC’s provisional net worth (the value of the company after deducting liabilities) was ₹920.10 crore.

09/02/2025

28/01/2025

Business News
business
industry
Centre may close 9 CPSEs including NTC & STC
Centre may close 9 CPSEs including NTC & STC
During FY24, trading firm STC did not undertake any business activities. The company reported a net profit of Rs 52.21 crore, thanks to rental income.

Written by Prasanta Sahu
January 28, 2025 03:30 IST

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CPSE, NTC, STC, Industry, National Land Monetization Corporation, NLMC,
As per the PSE policy, in the non-strategic sector, all CPSEs will be privatised or closed in case privatisation is impossible. (Representational Image/Freepik)
The Centre is considering the closure of nine ailing central public sector enterprises (CPSEs) including National Textile Corporation (NTC) along with its 5 subsidiaries, State Trading Corporation of India (STC), PEC Ltd and British India Corporation Ltd (BIC).
A draft Cabinet note on this matter is being discussed, within the government, sources said, adding that it is currently under the consideration of the prime minister’s office (PMO).

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Due to obsolete technology, unavailability of working capital and other financial constraints, operations in most of the NTC mill units have been under suspension for several years. To protect the interest and welfare of employees, they are being paid wages and statutory dues as per mutual agreement between the management and representing workers of the mill. In FY21, the latest year for which financials were available, the company reported a net loss of Rs 344 crore.
During FY24, trading firm STC did not undertake any business activities. The company reported a net profit of Rs 52.21 crore, thanks to rental income. However, it has a negative net worth of Rs 955 crore and accumulated losses of Rs 1083 crore. Furthermore, the accounts of the Company remain classified as NPA.
Another trading firm PEC has also not carried out any business activity since September 2019. It reported a net loss of Rs 340 crore in FY24, largely attributed to the interest payable to lender banks.
Textile firm British India Corporation operates two woollen mills, one at the Cawnpore Woollen Mills (Lalimli) in Kanpur and the other at the New Egerton Woollen Mills in Dhariwal, Punjab. The staff were being paid for from the budget in recent years, due to poor finances of the firm.
The ailing firms are a drag on the exchequer as the Centre has to pay the salary and other liabilities even if they have not carried out any business for years.
As per the PSE policy, in the non-strategic sector, all CPSEs will be privatised or closed in case privatisation is impossible.
The Department of Public Enterprises and Niti Aayog had identified 176 CPSEs in the non-strategic sector, over 60% of which will be closed while the rest of the viable units will be privatised while a handful of Section 8 companies (under the Companies Act which is not-for-profit) will be retained in the public sector.
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28/12/2024

Exclusive: बंद मिलों की जमीन पर टेक्सटाइल या आईटी पार्क बनाने की कवायद, एनटीसी-बीआईसी की जमीनों का अध्ययन शुरू

अमित अवस्थी, अमर उजाला, कानपुर Published by: हिमांशु अवस्थी

20/09/2024

https://www.facebook.com/100068892082827/posts/836597765313285/

31/08/2024

National Sports Day celebration week at NTC, WRO came to an end with prize distribution ceremony and words of motivation from senior officials emphasising to adopt healthier lifestyle and make fitness part of daily routine.

27/02/2024