253:, which ended in 2001 after Daewoo Motors went bankrupt. During the latter 1990s Delhi Cloth & General Mills had a series of financial defaults and lawsuits. The company's 116 year old manufacturing facility was torn down to make new commercial and residential buildings. The razing was the result of a 1989 Supreme Court decision which drove factories out of the city of Delhi and the mill was moved to Hisar.
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state. Spread across 380 acres (150 ha) with residential campus and officers club, it was set up initially with 33000 spindles, it achieved several milestones, such as ISO 9001 certification (1995), expansion to 45000 total spindles (1998), expansion to 76200 total spindles (2005), expansion to
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Ram Kishen Das
Gurwale), is an Indian conglomerate which was initially a textile business which opened its first mill in Delhi. Starting from late 1980s and early 1990s, as a result of legal and financial challenges the company was split into several industry segments under the DCM and DCM Shriram
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joined the company as an assistant to his father during a period of decline. Under Ram's guidance the company regained a prosperous pace. The company went through a significant financial crisis in 1917 but recovered after it received a large contract from the
British Army at the time of the First
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In the 1980s the company name was changed to DCM Ltd and it successfully defended a hostile takeover by a UK-based investor. As the eventual result of the failed takeover, DCM was split into four distinct companies in 1990. The four companies were: DCM, DCM Shriram
Industries, Shriram Industrial
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World War. The mill was engaged primarily in the cotton and sugar trades and became one of the top mills in northern India. The company opened a second cloth mill and two sugar mills in 1925. It launched DCM Chemical Works in 1941 and
Daurala Distillery in 1942. In 1946 it began manufacturing
318:" (alumnus of Carnegie Mellon University with bachelor's degree in Mathematics and Computer Science, and master's degree in Industrial Administration), who both are descendants of the founder's family through Lala Shri Ram and Dr. Bharat Ram's lineage.
303:(2016) and BCI cotton yarn (2016). It is operating as one of the leading manufacturer and exporter of 100% cotton carded and combed yarns, with a monthly capacity of 1,15,000 spindle producing 2500 MT of cotton yarn with an annual turnover of
187:), and diversified in to automotive, bioseeds, cement, chemicals, farms, fertilizers, pvc, sugar, textiles, windows and door, yarns, etc. Some of its entities are DCM Textiles Co at Hisar, DCM Sri Ram Mills, Fenesta, etc.
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Over time the company expanded and had many subsidiaries including Usha
International, Bengal Potteries, Jay Engineering Works and Shri Ram Fertilizers. In 1964 the Chairman of the Board of Directors,
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310:(US$ 62 million). In addition to its Hisar mill, it has 17 sales offices across India, with exports to at least 11 nations (c. 2017). Its Executive chairman and president are "Dr.
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207:" an Agrawal businessman from Delhi, founded the company in 1889 and its first factory, located in Delhi, took two years to build. The company prospered through 1907 and in 1909
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Ram, Bharat (28 November 1964). "Delhi Cloth & General Mills Co., Ltd. Speech of the
Chairman, Dr Bharat Ram". Economic Weekly.
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Enterprises and DCM Shriram
Consolidated. In 1999 there was further splintering of the company into two additional parts.
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314:" (alumnus of Delhi University (PhD), Michigan (Ann Arbor) university and Harvard university) and "
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came to an end. DCM then entered a partnership with the Korean automotive company,
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at Delhi was shut down on the orders of
Supreme Court in 1989 and listed on
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115000 total spindles (2014), launching of 100% premium cotton yarn brand
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DCM Textile, Hisar, founded in 1991 the original 1889
299:(2015), launching of 100% superior cotton yarn brand
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487:"DCM has survived splits and a hostile takeover bid"
351:"DCM has survived splits and a hostile takeover bid"
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570:Companies listed on the New York Stock Exchange
565:Companies listed on the Bombay Stock Exchange
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278:, is located in the cotton growing belt near
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555:Manufacturing companies established in 1889
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183:Group branding, (not to be confused with
121:farms, fertilizers, pvc, sugar, textiles,
119:automotive, bioseeds, cement, chemicals,
433:Kothari, Ajay Kumar (10 January 1993).
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550:Manufacturing companies based in Delhi
245:In 1995, DCM's 1983 partnership with
232:Fending off hostile takeover in 1980s
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580:Indian companies established in 1889
560:1889 establishments in British India
89:DCM Textile, Hisar & DCM Shriram
439:. pp. Chapter: Sir Shri Ram.
405:Pande, Bhanu (10 September 2005).
131:DCM clothing, DCM Shriram, Fenesta
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540:Conglomerate companies of India
176:Delhi Cloth & General Mills
155:Footnotes / references
46:Delhi Cloth & General Mills
22:Delhi Cloth & General Mills
349:Mitra, Kushan (28 June 2011).
30:Basic materials and technology
16:Indian industrial conglomerate
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123:windows and door, yarns, etc.
38:Conglomerate (multi-industry)
545:Companies based in New Delhi
471:"DCM Limited Annual Report"
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535:Textile companies of India
575:Economy of Hisar district
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111:India-based multinational
241:Diversification in 1990s
205:Ram Kishen Das Gurwale
73:Ram Kishen Das Gurwale
491:Business Today India
178:(founded in 1889 by
174:, formerly known as
504:"DCM Textiles info"
286:on Delhi bypass in
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510:on 16 October 2017
475:The Economic Times
407:"Mills & Boom"
262:DCM Textile, Hisar
220:Expansion in 1960s
372:DCM Shriram Mills
316:Hemant Bharat Ram
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506:. Archived from
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353:. Business Today
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312:Vinay Bharat Ram
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280:Hisar Airport
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251:Daewoo Motors
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247:Toyota Motors
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512:. Retrieved
508:the original
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411:. Retrieved
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355:. Retrieved
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308:5.14 billion
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268:textile mill
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209:Sir Shri Ram
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172:DCM Textiles
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143:.dcmtextiles
94:Headquarters
43:Predecessors
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436:Great Lives
202:Rai Bahadur
196:The founder
180:Rai Bahadur
107:Area served
81:Diversified
71:Rai Bahadur
529:Categories
413:23 October
357:12 October
322:References
226:Bharat Ram
158:Listed on
284:GJU Hisar
214:vanaspati
86:Successor
290:city of
116:Products
54:1889 at
27:Industry
514:14 July
297:Primero
292:Haryana
191:History
136:Website
67:Founder
51:Founded
443:
301:Dinero
128:Brands
288:Hisar
99:India
60:India
56:Delhi
35:Genre
516:2017
441:ISBN
415:2015
359:2015
282:and
274:and
162:and
78:Fate
276:NSE
272:BSE
164:NSE
160:BSE
147:.in
145:.co
141:www
58:in
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306:₹
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