| "
It shall be the function of a Corporation to control, supervise and
co-ordinate, subject to any regulation made in this behalf, the
activities, business and affairs of the scheduled industrial enterprises
placed under it by clause ( i ) of Article 10 or, as the case may be,
the industrial enterprises placed under it by an order under that
clause, and to establish and develop new industrial enterprises within
their respective fields. The corporation shall, in respect of any
scheduled industrial enterprise, (or as the case may be, the industrial
enterprises placed under it) also exercise such of the power of the
Government as the Government may be notification in the official Gazette
delegate to the Corporation." |
| The
role of BTMC within Bangladesh Textile Industry has been substantially
altered since denationalization of large number of public sector textile
mills that took place over the last 30 years. Prior to
denationalization, BTMC enjoyed nearly monopoly within the yarn and
cloth market of Bangladesh and there was no competitive source for the
yarn product of BTMC. Consequently the Corporation was an alert to
dispose of its entire output to the domestic market. Since demand for
the domestically manufactured cloth products was such that BTMC lacked
the capacity to supply yarn requirement of the industry. As a result of
the denationalization the market situation has changed dramatically. |
| At
present 18 Textile Mills (22 units) of which 6 Textile Mills (8 units)
are in operation under service charge system and producing different
counts of Cotton yarn/Polyester yarn in the form of 32/1 to 80/1.
Another 11 mills are under process in operation, and 1 mill earmarked
for setting up textile palli. |
| Service
Charges System in the mills has been introduced on contract basis. In
this system contracted parties supply of Raw Materials to respective
mills at their own cost. BTMC mills produces different counts of
yarn/woolen fabrics within the available technical facilities prevailing
in the mills as per requirement of the parties. The mills get only a
certain rate of service charge per bale from the parties. The
responsibility of the marketing of finished products lies with the
parties |
| Among the
18 mills, The Valika Woolen mills Ltd., Nasirabad, Chittagong is only
specialized mills under BTMC, producing knitting wool, woolen suiting,
Gents & Ladies woolen Shwal & woolen blanket. Most of the buyers
of finished product of this mills are Govt. , Semi Govt. &
Autonomous bodies of the country. Biman Bangladesh Airlines are the main
buyers of the woolen Blanket. |
|
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