Mysore Paper Mills
Mysore Paper Mill or the MPM is situated at Bhadravathi in the Shimoga district of Karnataka state, India. It was established in the year 1937 by Nalvadi Krishnaraja Wodeyar,[3] the then Maharaja of Mysore state. In 1977, the company became a government company. The company obtained ISO certification in the year 2004.
| Type | Government BSE: 502405 |
|---|---|
| Industry | Paper mill and Co-generation[1] |
| Headquarters | Bhadravathi, Karnataka, India |
Key people | Araga Jnanendra (Chairman) |
 ₹54.90 crore (US$7.7 million) (2011–12)[2] | |
| ₹84.78 crore (US$12 million) (2011–12)[2] | |
| Owner | Government of India |
| Website | www.mpm.co.in |
Closure
MPM closed functioning in 2016.[4] Government wants to privatise the company while workers want the government to revive it.[5] Some workers opted for voluntary retirement scheme.[6] Company has issued tenders for disposal of materials[7]
References
- "Production". MPM.
- "Mysore Paper Mills, Profit & Loss account". Money Control, CNBC TV 18.
- "Profile". MPM.
- http://www.thehindu.com/news/national/karnataka/mysore-paper-mills-closure-karnataka-to-appeal-before-green-tribunal/article6698286.ece
- http://www.thehindu.com/news/cities/bangalore/revive-mysore-paper-mills-demand-workers/article8312253.ece
- http://www.thehindu.com/news/national/karnataka/909-Mysore-Paper-Mills-workers-opt-for-VRS/article14383773.ece
- http://www.mpm.co.in/tenders.html
External links
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