Mr. Vijay Kumar Jatia, CMD, Modern India Ltd,

Modern India Ltd (MIL) was founded by a British gentleman Mr. Gordon and was called “The Gordon Mills”. Gordon Mills was officially incorporated into the Indian Companies Act on 24th October 1933 as the “Modern Mills Ltd.” (MML) under ownership of the Sirur family. Over years Modern Mills Ltd. became one of the reputed business houses in the Indian Textile industry. With the mill workers strike in the 1980’s MML went into a deep financial burden and had to shut down production facilities and went under the BIFR scheme. MML was later taken over by the Jatia family in the early 1990s. MML closed down its manufacturing unit in 2004 and was one of the last textile mills still functioning in Mumbai. After shutting down its manufacturing facility, MML changed its identity, renaming itself to “MODERN INDIA LTD” (MIL). With changes in the Government policy, MIL started to focus on other areas of business and today operates a real estate company. At the same time MIL started a Technical Training Institute called the “Indian Institute of Jewellery” (IIJ). MIL is also in partnership with “Gitanjali Gems Ltd” in the form of a Joint Venture in the name of “Modali” (Modern - Gitanjali).

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