Delhi Cloth Mills

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 Krishna Das Gurwala, 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.[citation needed]

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

See also

  • Bharat Ram

References

  1. ^ Company Profile :: History
  2. ^ a b "It’s all in the family". Outlook (magazine). Aug 20, 2007. http://business.outlookindia.com/article.aspx?100111. 
  3. ^ Reuters. http://www.reuters.com/finance/stocks/officerProfile?symbol=DCMC.BO&officerId=729778. 
  4. ^ Founder SRCC website.

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