Industry Textile industry Founded 1884 Type of business Public Sector | Products Textile Number of employees 120 | |
Headquarters Kollam (Quilon),
India | ||
Parvathy Mills Limited or Parvathi Mills Limited is a textile manufacturing company owned by the National Textile Corporation (NTC) situated in Kollam city, India. The company was founded in 1884. The land was owned by the Kerala State Textile Corporation at that time, and later was handed over to the NTC. The company has 120 employees, six of which are NTC staffers and 17 are casual workers. The plant has been shut down since 2008 pending modernisation.
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History
His highness Visakham Thirunal Rama Varma, the then Maharaja of Travancore took the initiative to start a spinning mill in Quilon city (now known as Kollam) which was then business capital of Travancore along the Malabar Coast. He donated the land to start the AD Cotton Mill in 1884. The land was handed over to National Textile Corporation in 1974.
The NTC planned to privatize Parvathy Mills in 2005, and the plant was added by the Board for Industrial and Financial Reconstruction had listed it for revival in 2002. The plan was dropped after protests by the Parvathy Mills Workers Union.
Along with numerous other mills located in Mumbai, Coimbatore, Ahmedabad, Aurangabad, Akola, Nanded, Naini, Jaipur and Udaipur, Parvathy Mill was slated for redevelopment and modernisation in 2007 and 2012, but to date these improvements have not taken place, and mill has been closed since 2008.
Demands for Mill's land to start Medical College
People's representatives from Kollam along with various organizations staged a dharna and march in February 2014 to try to obtain the Parvathy Mill land as the site for a government medical college. The mill is located on 16 acres of prime city land valued at more than Rs.4 billion (US$64 million) as per the market value of 2014. As of December 2014, administrative delays in deciding on a site and obtaining land continue to delay the start of construction of the new college.