In 1873, a textile giant was born. The New Great Eastern Spinning and Weaving Mills opened its doors in Mumbai. This marked the start of its impressive 152-year history. The New Great Eastern Spinning and Weaving Mills quickly became a cornerstone of Mumbai’s industrial landscape. It stands as a testament to India’s rich textile heritage. The New Great Eastern Spinning and Weaving Mills specialized in manufacturing textiles. This contributed significantly to the local economy. Today, the New Great Eastern Spinning and Weaving Mills still operates actively. It carries on its legacy in the textile industry. The mill’s authorized share capital is an impressive INR 20.08 crore. The paid-up capital is INR 16.82 crore. This highlights the company’s financial strength. For the financial year ending in March 2017, the operating revenue ranged from INR 1 crore to 100 crore. Furthermore, the company experienced a 7.45% increase in its book networth. The New Great Eastern Spinning and Weaving Mills is located on Dr. Ambedkar Road in Byculla. It’s a landmark in this vibrant part of Mumbai. The mill’s long history has seen many leaders. The board members and directors are Anurag Kantikumar Kanoria, Vineeta Arvindkumar Kanoria, Vinod Jiwanram Lohia, Rajkumar Gulzarilal Jhunjhunwala, Ganesh Narain Mathur, and Bimalkumar Kanodia. These individuals guide the New Great Eastern Spinning and Weaving Mills into the future.
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