Century Textile and Industries

Century Textile and Industries
Century Textile and Industries Ltd
Type Public
(BSE: 500040 NSE: [1])
Industry Textiles, Cement & Paper
Founded 1897
Headquarters Mumbai, Maharashtra, India[1]
Key people Mr. B. K. Birla, Chairman, Kumar Mangalam Birla, AGM [2] RK Dalmia, President [3][4]
Products fabrics, designer wear, denim, cosmetics & toiletries, engineering files & tools, prophylactics and air charter services
Revenue increase INR4,543.18 crore (US$921.36 million) (2009-2010) [5]
Profit increase INR339.47 crore (US$68.84 million) (2009-2010) [5]
Parent Birla Group[6]
Subsidiaries Birla Century
Website Official Website

Century Textile and Industries (BSE: 500040) is 113 years old textile, cement, paper manufacturing and export company based in Mumbai. The main business activity involves manufacture of cotton textiles, yarn, denim, viscose filament rayon yarn, tire-cords, caustic soda, sulfuric acid, salt, cement, pulp, and paper. The company also has a substantial dominance in the international textile markets and exports its products to more than 45 countries around the globe.

Century Textiles & Industries Limited is an IS/ISO 9001:2000 and ISO 14001 company. Government of India also awarded with 'Three Star Export House' status.[7]

History

In 1897, It was established as Century Textiles Limited and listed on BSE with its Registered Office at Mumbai.[8] Till 1951, the Company operated only one Cotton Textile Mill in Mumbai.

In 1956, Company began its Rayon Division at Kalyan, near Mumbai to manufacture Viscose Filament Rayon Yarn.

The Company diversified into production of Cement by establishing its first cement plant at Baikunth, near Raipur (Chhattisgarh) in 1974.

The textile mill stopped the production in Mumbai in 2006 due to increase in operating costs. The new plant in Jhagadia, Distt. Bharuch became functional in 2009 with the name Birla Century and is producing only fine and finer fabrics in 100% Cotton fabrics. The company has exclusive showrooms across India in Mumbai, Delhi, Jaipur, Kota, Ahmedabad etc.

Reference

  1. ^ "Century Textiles and Industries Ltd". Centurytextind.com. http://www.centurytextind.com/contactus.asp. Retrieved 2010-12-02. 
  2. ^ "Kumar Birla to lead Century Textiles - The Times of India". Timesofindia.indiatimes.com. 2006-04-07. http://timesofindia.indiatimes.com/business/india-business/Kumar-Birla-to-lead-Century-Textiles/articleshow/1480808.cms. Retrieved 2010-12-02. 
  3. ^ Sharad Vyas, TNN, Nov 17, 2010, 06.40am IST (2010-11-17). "BMC may take back mill land - The Times of India". Timesofindia.indiatimes.com. http://timesofindia.indiatimes.com/city/mumbai/BMC-may-take-back-mill-land/articleshow/6939179.cms. Retrieved 2010-12-02. 
  4. ^ 22 Sep, 2010, 10.55AM IST,REUTERS (2010-09-22). "Century Textiles sees margin pressure as cotton zooms - The Economic Times". Economictimes.indiatimes.com. http://economictimes.indiatimes.com/markets/stocks/stocks-in-news/Century-Textiles-sees-margin-pressure-as-cotton-zooms/articleshow/6605217.cms. Retrieved 2010-12-02. 
  5. ^ a b "BSE Plus". Bseindia.com. http://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500040. Retrieved 2010-12-02. 
  6. ^ Udit Prasanna Mukherji, TNN, Jan 13, 2010, 12.12am IST (2010-01-13). "B K Birla plans to hike stake in group companies - The Times of India". Timesofindia.indiatimes.com. http://timesofindia.indiatimes.com/business/india-business/B-K-Birla-plans-to-hike-stake-in-group-companies/articleshow/5438525.cms. Retrieved 2010-12-02. 
  7. ^ "Century Textile and Industries Ltd.,TEXPROCIL, Cotton Textiles, Textile Industry India, Cotton Yarn, Fabrics, Made-ups, Handlooms". Texprocil.com. http://texprocil.com/members/9.htm. Retrieved 2010-12-02. 
  8. ^ "Century Textiles Ind". Business.mapsofindia.com. http://business.mapsofindia.com/india-company/c/century-textiles-ind.html. Retrieved 2010-12-02. 

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