Unijobs Bangladesh

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Mother Textile Mills Limited is one of the ancient manufacturers of cotton yarn in Bangladesh. The company was incorporated as a private limited company in Bangladesh. On 1983 it was made into a public limited company. Its manufacturing unites are situated in Chhota Gabindapur, Sreepur, Gazipur, Bangladesh a total 20160 installed spindles and 800 rotor heads.
When Bangladesh gained its independence from Pakistan in 1971, the new government nationalized the textile industry, as it did with many other businesses in which West Pakistanis had been the principal owners. Although there were some Bangladeshi industrialists, they did not form a large or politically powerful group and thus had to surrender control of their factories to the government as well. All of the country's textile factories were then nationalized and organized under the Bangladesh Textile Mills Corporation, or BTMC. Mother Textile Mills was also nationalized at that time.
The government thus gradually denationalized the production of textiles. Factories were privatized, beginning with the dyeing and weaving units. Since that time, much of the industry has been privatized through auctions and other means.

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