The mills were closed down in 1996 and the site is now used as a container freight station and is a popular venue for film shootings.
[1] Messrs Binny & Co, one of the biggest private enterprises in the then city of Madras, set up a textile mill of its own, the Buckingham Mills in the wedge between Perambur, Vepery and Basin Bridge.
[3] Binny also started the Bangalore Woollen, Cotton and Silk Mills in 1884.
[4] Running on heavy losses, the mills were finally closed in 1996.
[1][4] India's first labour union, the Madras Labour Union (MLU) was formed at Buckingham and Carnatic Mills by B. P. Wadia and V. Kalyanasundaram Mudaliar on 27 April 1918.