Book English 2011.p65 - Ministry of Textiles

annual report 2010-11Mrs. Gursharan Kaur, Wife of Hon'ble Prime Minister of India inaugurated Exhibition cum Sale"Unique Heirloom Sarees created by Master Weavers" on 07-03-2011 at Central CottageIndustries Emporium, Janpath, New Delhi in the august presence of Smt. Panabaaka Lakshmi,Hon'ble Minister of State for Textiles & Mrs. Rita Menon, Secretary, Ministry of Textiles,Sh. R.N. Choubey, D.C. Handlooms, Govt. of India. On the occasion Sh. Nirmal Sinha,Managing Director, CCIC welcomed them.Delhi, Kolkata, Mumbai, Bangalore, andChennai. Besides, CCIC has two franchiseoutlets in Gurgaon and Patna and anoverseas franchise showroom atCopenhagen, Denmark.CCIC vacated its existing showroom atMumbai situated at 34, Chhatrapati ShivajiMaharaj Marg, Mumbai-400039 on30.03.2010 as per the directives of Hon'bleSupreme Court of India and opened fourshowrooms/outlets in Mumbai at Malad,Vashi, Weavers Service Centre (HotelRegal Palace) and 34, First Floor,Chhatrapati Shivaji Maharaj Marg in theyear 2010-11.CapitalThe authorized capital of the Corporationis Rs.1200 lakhs and the paid-up capitalis Rs.1085 lakhs.WORKING RESULTSTurnoverThe turnover of the Corporation for theyear 2009-10 was Rs.6758.56 lakh asagainst Rs.6859.02 lakh in the previousyear i.e. 2008-09.ExportsThe total exports of the Corporation during2009-10 were Rs.239.92 lakh as comparedto Rs.313.37 lakh in the previous year.ProfitabilityThe Gross Profit during the year 2009-10decreased from Rs.3454.31 lakh in theprevious year to Rs.3388.83 lakh. Theoverheads of the Corporation decreasedfrom Rs.3393.18 lakh in the previous yearto Rs. 3371.42 lakh in the current year.The current year ended with a pre-tax187