It all began way back in 1874 when few ex-army British officers imbibed with a sense of enterprenureship took initiative and laid the foundation of a truly British empire in our country by commissioning a small woolen unit under the name and style of "EGERTON WOOLEN MILLS", Dhariwal, which is a part of Gurdaspur District in Punjab state. The year 1880 witnessed installation of new plant and equipment for establishment of a full fledged composite woolen mills and renamed it as "NEW EGERTON WOOLEN MILLS LIMITED, DHARIWAL". The mill completes its 100 years of its eventful existence in 1974. By acquiring new machinery in 1980, it became a full-fledged unit and a word "New" was suffixed in its nomenclature. Since 1980 the mill known as "New Egerton Mills, Dhariwal". In the year 1920 the British veteran industrialists and shrewd business magnet Sir Alexander Mac Robert established the British Indian Corporation Ltd., comprising a number of branches and subsidiaries like Cawnpur Woolen Mills (CWM), Cawnpur Cotton Mills and New Egerton Woolen Mills etc.
The New Egerton Woolen Mill is the branch of the British India Corporation Ltd. With its head office at Kanpur. The mill had 3600 employees. It was doing financially well till 1979-80 and afterwards it lost very heavily during 1980-81. There was a possibility of close down of the mills. The national Govt. decided to take over all the privately held shares of the company. This was the effect from 11-06-1981 the British India Corporation group with all its subsidiaries and New Egerton Woolen Mills also became nationalized. Now the mills, New Egerton Woolen Mills, Dhariwal is a Govt. of India Company under the supervision of Ministry of Textiles. On 24/25th March 1989, worthy chairman-cum-managing director Mr. D.N. DIXIT inaugurated the first phase of modernization with the least computerized SULZER LOOMS.
With this saga of modernization the path have been set the future of the mills shall be very much sound.
