<sod>'''British India Corporation''' Limited (BIC) is a [[Public Sector Undertaking]] (PSU) of the [[Ministry of Textiles (India)|Ministry of Textiles]], [[Government of India]]. The company produces [[textiles]] for use by civilians and [[Indian army|armed forces]]. It manufactures the popular "Lal-imli" and "Dhariwal" brands of woollen products. The company was established in 1920 as a public limited company, and in 1981 was nationalised and taken over by the government of India.{{r|finexpress}} It has not generated a profit since 1989.{{r|Reuters}}<eod>
<sod>'''British India Corporation''' Limited (BIC) is a [[Public Sector Undertaking]] (PSU) of the [[Ministry of Textiles (India)|Ministry of Textiles]], [[Government of India]]. The company produces [[textiles]] for use by civilians and the Indian [[Indian army|armed forces]]. It manufactures the popular "Lal-imli" and "Dhariwal" brands of woollen products. The company was established in 1920 as a public limited company, and in 1981 was nationalised and taken over by the government of India.{{r|finexpress}} It has not generated a profit since 1989.{{r|Reuters}}<eod>