NTC, Bhopal Mills Inaugration Event Organised by EXPLORE an event arm of GlobeCom Worldwide

The Union Minister of Textiles Dr. K Sambasiva Rao today inaugurated the New Bhopal Textile Mills of National Textile Corporation (NTC) in Bhopal.

Talking to the media persons Anoop Singh, Founder & CEO of GlobeCom Worldwide said that I personally congrats to entire EXPLORE team for crafting & executing such a great event.
He also said that very soon EXPLORE that is an event arm of GlobeCom Worldwide will start it’s operation in Uttar Pradesh & Bihar.

About the event, as per the approved scheme of Board for Industrial and Financial Reconstruction (BIFR), in the first phase, National Textile Corporation Limited in the year 2008 at a cost of Rs. 26.42 Crores replaced 16,848 spindles and commissioned 25,200 new spindles. This resulted in increase of monthly production from 1800 kilograms per day to 5000 kilograms per day which meant that even after providing Modified Voluntary Retirement Scheme (MVRS) to surplus workers, about 380 workers started getting wages everyday which invariably secured employment for about 600 local families in the long run.

In order to utilise the promise shown by the New Bhopal Textile Mill, its production and the ability of the workers, National Textile Corporation Limited (New Delhi) has approved the second phase of modernisation. In the second phase, the Head Office has approved a sanction of Rs. 81 Crores with which modernised machines would be set up which would increase the production from the present 5000 kilograms per day to 14000 kilograms per day. This would mean that from the current sustenance of 380 workers, the mill will be able to sustain 650 workers every day and with them getting employment invariably it will support 1000 local families and secure employment for them for a long duration of time. This modernisation would lead to a total sale of approx. Rs. 72 crores every year. The mill has obtained ISO Certification.

News 1.docx - Google Drive



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