British India Corporation

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Coordinates: 26°28′35″N 80°20′23″E / 26.476393°N 80.339617°E / 26.476393; 80.339617

British India Corporation
Industry Woollen Mills
Founded 1920
Headquarters 14/66, Civil Lines, Kanpur-208 001, INDIA
Number of employees

British India Corporation Limited (BIC) is a Public Sector Undertaking (PSU) of the Ministry of Textiles, Government of India. The company manufactures textiles for both civilian and armed forces consumption. It manufactures the popular "Lal-imli" and "Dhariwal" brands of woolen products. The company was established in 1920 as a public limited company, and in 1981 was nationalized and taken over by government of India.[1] It has not generated a profit since 1989.[2]

Headquartered in Kanpur, BIC nominally operates two woollen mills in Kanpur and Dhariwal (Punjab). In 2006 the company employed over 2,700 people and had aggregated revenues of 373 million (US$5.6 million).[1][1][3]

A view of Lal Imli factory

It ceased manufacturing in 2005 but still employs 1,800 people. New weaving machines installed in 2005 have never been used.[2]