Bangladesh Textile Mills Corporation

The corporation was established on 26 March 1972 through the nationalization of textile mills in Bangladesh.^[4][5] It owns Eagle Textile in Chittagong.^[6] The Ministry for Textiles and Jute is responsible for running the corporation.^[7] The corporation has the largest liability of any state owned enterprise in Bangladesh with 76.54 billion taka in loans.^[8] Nearly 99% of its loans are in default.^[9] Rangamati Textile Mill is also owned by the corporation.^[10] It used to manage 86 government owned textile mills which has been reduced to the 18 today.^[3][11]

About 73 textile mills were nationalised following the independence of Bangladesh and later they became subsidiaries of the Bangladesh Textile Mills Corporation.^[12] The list is given below: