Bangladesh Textile Mills Corporation, or BTMC,[1] is a public corporation that owns and manages all government textile mills in Bangladesh and is located in Dhaka.
[3] The corporation was established on 26 March 1972 through the nationalization of textile mills in Bangladesh.
[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.
[10] It used to manage 86 government owned textile mills which has been reduced to the 18 today.