BTMC, was Established by virtue of the President Order no. 27, 1972 under Ministry of Textile and Jute. It started with 74 Nationalized Mills & established another 12 mills under ADP during 1975-85.Due to globalization/free market economy the government had to de-nationalize 65 mills during 1977-2010. Till date, 23 Mills exist with the BTMC at several prime zones around the country. However, most of them are not Recently, BTMC has taken steps to attract local and foreign investors to establish modern Textile mills through PPP.

The total land area of the mill 32.2 Acres. All the existing structure and machineries conditions are unstable and obsolete; it should be dismantle and treated as plain land/green field. BTMC expected to establish a Composite Green Textile with Apparel and backward linkage.