Delhi Cloth Mills

Delhi Cloth Mills or DCM Ltd. is a textile company founded in Delhi, India.

The company was founded as a DCM Textiles by Ram Kishen Das Gurwale, in 1889 in Delhi, India.[1][2] It was the flagship company of the DCM group which includes SRF Ltd., DCM Data Systems Ltd., DCM Housing Finance Ltd., DCM Estates & Infrastructure Ltd.

Vikram Shriram, is the Managing Director of DCM Shriram .[3]

The company was acquired by Lala Shriram who joined the company in 1909.[4] In the 1970s the company encountered financial problems and progress slowed.[2]

In 1976, Shiv Nadar quit his executive job with DCM, and along with five of his friends, started a new company which later became Hindustan Computers.

In 1999, SRF Ltd emerged as an independent entity from DCM Ltd and became a major manufacturer of belting fabrics.

See also

References

  1. ↑ Company Profile :: History
  2. ↑ 2.0 2.1 "It’s all in the family". Outlook (magazine). Aug 20, 2007.
  3. ↑ Reuters http://www.reuters.com/finance/stocks/officerProfile?symbol=DCMC.BO&officerId=729778. Missing or empty |title= (help)
  4. ↑ Founder SRCC website.