Century Textile and Industries

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Century Textile and Industries Ltd
TypePublic company
(BSE:  500040 NSE:  CENTURYTEX)
IndustryTextiles & Paper
Founded1897
Headquarters Mumbai, Maharashtra, India [1]
Key people
Kumar Mangalam Birla (Chairman) [2]
RK Dalmia (Managing Director) [3] [4]
Productsfabrics, designer wear, denim, cosmetics & toiletries, engineering files & tools, prophylactics and air charter services
RevenueIncrease2.svg4,827 crore (US$600 million) (2023) [5]
Increase2.svg272 crore (US$34 million) (2023) [5]
Total assets Increase2.svg8,452 crore (US$1.1 billion) (2023) [5]
Total equity Increase2.svg3,887 crore (US$490 million) (2023) [5]
Parent Aditya Birla Group [6]
Subsidiaries Birla Century
Website Official Website

Century Textile and Industries is a textile, 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, sulphuric acid, salt, 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. The Government of India also awarded it with 'Three Star Export House' status. [7]

History

In 1897, the company 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, District. 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.

Related Research Articles

<span class="mw-page-title-main">Yarn</span> Long continuous length of interlocked fibres

Yarn is a long continuous length of interlocked fibres, used in sewing, crocheting, knitting, weaving, embroidery, ropemaking, and the production of textiles. Thread is a type of yarn intended for sewing by hand or machine. Modern manufactured sewing threads may be finished with wax or other lubricants to withstand the stresses involved in sewing. Embroidery threads are yarns specifically designed for needlework. Yarn can be made of a number of natural or synthetic materials, and comes in a variety of colors and thicknesses. Although yarn may be dyed different colours, most yarns are solid coloured with a uniform hue.

<span class="mw-page-title-main">Rayon</span> Cellulose-based semi-synthetic fiber

Rayon is a semi-synthetic fiber, made from natural sources of regenerated cellulose, such as wood and related agricultural products. It has the same molecular structure as cellulose. It is also called viscose. Many types and grades of viscose fibers and films exist. Some imitate the feel and texture of natural fibers such as silk, wool, cotton, and linen. The types that resemble silk are often called artificial silk.

<span class="mw-page-title-main">Lyocell</span> Regenerated cellulose fiber made from dissolving pulp

Lyocell is a semi-synthetic fiber used to make textiles for clothing and other purposes. It is a form of regenerated cellulose made by dissolving pulp and dry jet-wet spinning. Unlike rayon made by some of the more common viscose processes, Lyocell production does not use carbon disulfide, which is toxic to workers and the environment. Lyocell was originally trademarked as Tencel in 1982.

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The manufacture of textiles is one of the oldest of human technologies. To make textiles, the first requirement is a source of fiber from which a yarn can be made, primarily by spinning. The yarn is processed by knitting or weaving, which turns yarn into cloth. The machine used for weaving is the loom. For decoration, the process of colouring yarn or the finished material is dyeing. For more information of the various steps, see textile manufacturing.

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Textile fibers, threads, yarns and fabrics are measured in a multiplicity of units.

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Siyaram Silk Mills, Ltd, also known as Siyaram's and as SSM, is an Indian blended fabric and garment-manufacturer, with an associated chain of retail outlets and branded showrooms. Siyaram's was incorporated in 1978, and is headquartered in the Kamala Mills compound, Lower Parel, Mumbai.

Kesoram Industries Limited is one of the pioneer companies in India. It is under the flagship 'B K Birla Group Of Companies'. Its production ranges from tires to cement to rayon. According to ET500, its all India ranking was 121 for the year 2010 with a net income of Rs. 5020.63 Crore and a net profit of Rs. 648.29 Crore. The company reported a net profit of Rs. 339.67 crore during the quarter of 2014–15 by selling a tyre plant to JK Tyres.

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References

  1. "Century Textiles and Industries Ltd". Centurytextind.com. Archived from the original on 26 February 2011. Retrieved 2 December 2010.
  2. "Kumar Birla to lead Century Textiles". The Times of India. 7 April 2006. Retrieved 2 December 2010.
  3. Sharad Vyas (17 November 2010). "BMC may take back mill land". The Times of India. Retrieved 2 December 2010.
  4. "Century Textiles sees margin pressure as cotton zooms". The Economic Times. 22 September 2010. Retrieved 2 December 2010.
  5. 1 2 3 4 "Century textiles Q4 FY23" (PDF). nseindia.com. Retrieved 26 April 2023.
  6. Udit Prasanna Mukherji (13 January 2010). "B K Birla plans to hike stake in group companies". The Times of India. Retrieved 2 December 2010.
  7. "Century Textile and Industries Ltd.,TEXPROCIL, Cotton Textiles, Textile Industry India, Cotton Yarn, Fabrics, Made-ups, Handlooms". Texprocil.com. Retrieved 2 December 2010.
  8. "Century Textiles Ind". Business.mapsofindia.com. Retrieved 2 December 2010.