|
|
:: Frequently Asked Questions ::
Question : No. of the units undertaken by NTC till date ?
Answer : Total no of units undertaken by NTC are 119.
Question : No. of units closed under BIFR scheme ?
Answer : 77 units were closed.
Question : No of units to be modernised?
Answer : 24 units have to be modernised by NTC itself.
Question : No of Mill revived through Joint Venture with private players?
Answer : 05 mills have been revived through Joint Venture with private players.
Question : : Steps being taken to make the loss making units to profit making ?
Answer : Improvement in utilization, improvement in Productivity, production of value added products, improvement of quality, implementation of work load agreements, power purchase agreement etc.
Question : Total present Production capacity ?
Answer : Spindles- 6.40 lakhs
Looms - 400
Question : Production per annum ?
Answer : Provisional Production during the year 2009-10 has been as under :-i) Yarn- 298.75 lakhs KG ii) Cloth-127.32 Lakh mtrs.
Question : Sale Value per annum ?
Answer : Sale Value during the year 2009-10 as under :-i) Yarn - Rs.402 croresii) Clo th Rs.76 crores iii) Waste Rs. 8 crores- iv) Total- Rs.486 crores
Question : Targeted Turn over 2010-11 ?
Answer : As per MOU signed between NTC and MOT the target Turnover is Rs.683 crores for 2010-11.
Question : Further programme of NTC in the country ?
Answer : In the first phase of modernization, NTC has already modernized its 18 units. Setting up 4 green field projects and modernizing another 2 units.
Question : Resources to revive NTC ?
Answer : The scheme of revival is self financing and the resources are being generated by sale of assets of closed mills and surplus assets of viable mills.
Question : Amount realized from Sale of surplus assets ?
Answer : The Total proceeds from Sale of Assets has been Rs.4149 crores. The total area of land sold is 1359 acres.
Question : Surplus land available for sale ?
Answer : The surplus land available for sale is as under :-i) Free-hold land - 642 acres ii) Lease-hold land- 690 acres Total- 1332 cres
Question : Cost of revival of NTC mills ?
Answer : In the first phase of revival, the cost of modernization is Rs.530 crores which has
been increased to Rs.1155 crores and approved by BIFR in the second phase. The
total cost of revival of the company is Rs.9102 crores, including MVRS, payment
of old arrears of statutory dues etc.
Question : Amount spent on Modernisation ?
Answer : During the first phase of modernization NTC has spent Rs.498 crores till date to modernize its various mills. The total Project cost for three Green field projects namely Finlay at Achalpur, New Minerva at Hassan and Rajnagar at Ahmedabadare under implementation at a total cost. Till date an amount of Rs. 876.12 crores has been spent on modernization including Green field projects.
Question : Salient features to revive through Joint Venture?
Answer : NTC has revived 05 units through Joint Venture route by forming SPV. In the JVcompany NTC will have 51 percent equity and majority of 5 directors, out of 8 members on the Board . All the investment to revive the unit would be made by strategic partners.
Question : Support from GOI towards wages?
Answer : Against the Govt. support of Rs.385 crores in the year 2001-02, it has come downdrastically to Rs.62.50 crores in the year 2007-08. However, during the year 2008-09 Govt. support towards wages has been Rs.145 crores due to the recessionary trend in textiles and acute power cuts in Tamilnadu and Kerala. During 2009-10, the support has been nil.
Question : What is the total strength of NTC ?
Answer : As on 01.08.2010, NTC group has 8626 employees in its units, offices and Corporate Office.
Question : Number of employees gone under MVRS?
Answer : Till date 62218 employees have gone under MVRS and an amount of Rs.2290.31 crores has been spent by NTC.
Question : Status of Employees dues ?
Answer : Old arrears of PF/ESI dues Rs.188 cores cleared and no dues pending except disputed.
Question : Region-wise no. of Retail Outlets ?
Answer : The total no. of Retail outlets are 92 and Region-wise detail is as under :-i) Southern - 35, ii) Western - 10, iii) Delhi - 29, iv) Calcutta - 18, Total - 92
Question : No of Profit making outlets ?
Answer : Out of 92 showrooms, 37 showrooms are in profit..
Question : Brands of NTC ?
Answer : ENTYCE’ and ‘FINLAYS’ are the popular Brands of NTC.
Question : The exports made during 2008-09 & 2009-10 ?
Answer : Cloth worth Rs.255 lakhs has been exported during the year 2008-09 and Rs. 631 lacs during 2009-10.
|
 |