Home / Knowledge / News / Textiles / Minister denies reopening of Adamjee Jute Mills
Minister denies reopening of Adamjee Jute Mills
10
Dec '10
Minister for Jute and Textiles Abdul Latif Siddiqui, recently said that there are no possibilities of restarting Adamjee Jute Mills or installing any other mill under the same name and with the same workers.

He strongly criticized the former BNP-led four-party government and the World Bank for closing down the Asia's biggest jute mill.

While condemning the World Bank's move, he stated that, on one hand, Adamjee jute mill had been closed down, and on the other hand, the World Bank had sanctioned a loan of $30 million to India for establishing nine new jute mills in West Bengal.

He said that during the Khaleda-Nizami coalition government, a deal was entered into with the World Bank regarding the closure of the mill. Therefore, it is not possible to restart the mill.

Nonetheless, he did say that, they would be establishing several factories under different names for diversification of jute products.

The mill was closed down on June 30, 2002, during the BNP-led government's rule.

Siddiqui also revealed that the government has already initiated steps to restart eight other state-run mills which were shut down earlier. Qawmi Jute Mills, one of these eight mills, has already gone functional, and that the Prime Minister would officially re-launch the same on December 11, he added.

The remaining seven mills would also be restarted step by step. At present, there are around 16 state run mills that are operational.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search