in 2001 after Daewoo Motors went bankrupt. During the latter 1990s Delhi Cloth & General Mills had a series of financial defaults and lawsuits. The company's 116 year old manufacturing facility was torn down to make new commercial and residential buildings. The razing was the result of a 1989 Supreme Court decision which drove factories out of the city of Delhi and the mill was moved to Hisar. Group companies DCM Textile, Hisar DCM Textile, Hisar, founded in 1991 the original 1889 textile mill at Delhi was shut down on the orders of Supreme Court in 1989 and listed on BSE and NSE, is located in the cotton growing belt near Hisar Airport and GJU Hisar on Delhi bypass in Hisar city of Haryana state. Spread across with residential campus and officers club, it was set up initially with 33000 spindles, it achieved several milestones, such as ISO 9001 certification (1995), expansion to 45000 total spindles (1998), expansion to 76200 total spindles (2005), expansion to 115000 total spindles (2014), launching of 100% premium cotton yarn brand Primero (2015), launching of 100% superior cotton yarn brand Dinero (2016) and BCI cotton yarn (2016). It is operating as one of the leading manufacturer and exporter of 100% cotton carded and combed yarns, with a monthly capacity of 1,15,000 spindle producing 2500 MT of cotton yarn with an annual turnover of . In addition to its Hisar mill, it has 17 sales offices across India, with exports to at least 11 nations (c. 2017). Its Executive chairman and president are "Dr. Vinay Bharat Ram" (alumnus of Delhi University (PhD), Michigan (Ann Arbor) university and Harvard university) and "Hemant Bharat Ram" (alumnus of Carnegie Mellon University with bachelor's degree in Mathematics and Computer Science, and master's degree in Industrial Administration), who both are descendants of the founder's family through Lala Shri Ram and Dr. Bharat Ram's lineage. References Textile companies of India Conglomerate companies of India Companies based in New Delhi Manufacturing companies based in Delhi Manufacturing companies established in 1889 1889 establishments in British India Companies listed on the Bombay Stock Exchange Companies listed on the New York Stock Exchange Economy of Hisar district Indian companies established in 1889