Century Textiles organizes five-day cashless transaction workshop with SBI, HDFC

| Updated: Aug 23, 2017 11:20 IST

Bharuch (Gujarat) [India], Dec.16 (ANI-Businesswire India): Century Textiles and Industries Ltd. organized a five-day Digital India workshop on cashless transaction from December 13 to 17 at Birla Century Plant, Jhagadia, Bharuch in Gujarat. The workshop has been organized in collaboration with the State Bank of India and the HDFC Bank. This Digital India Workshop is to empower workers to make cashless money transactions using electronic devices and channels. This workshop is the first of its kind organized in Indian textile industry. R.K. Dalmia, President - Century Textiles and Industries Ltd. inaugurated the workshop. Upendra Dalwadi - Regional Manager and S.B. Shukla, Branch Manager, State Bank of India, Jhagadia, graced the occasion with his colleagues. In addition, Khurshed Mistry, Cluster Head and Ahmendra Kansal, Asst. Vice President, Branch Head of HDFC Bank also graced the occasion with their colleagues. Demonetization and cashless transactions are the initiatives of Narendra Modi, Prime Minister of India and Smriti Irani, Union Textile Minister, have encouraged digital payments in textile industry. Century Textiles had taken initiatives in 2011 for their Bharuch Plant and have opened bank account for all of their workers and their wages are being deposited to their individual account. To take this initiative step ahead, R.K. Dalmia, President CTIL, stated that the one week workshop would train and educate each employee in the use of cashless transactions. Plans also include a training syllabus for new and old employees through a refresher course. He also said that within six months, all 1500 workmen and 230 staff will be tech savvy and will do cashless transactions with the digitalization initiative. In the year 1988, Century Mills at Mumbai had 10,000 workers at their Worli unit in Mumbai. The mills took initiative to change the workers habit of thumb impression to signature for receipt of wages within three months period and it make the workers proud for being educated. Century Mills is known for progressive initiatives. Birla Century, a modern vertically integrated composite plant considered an architectural marvel, was set up in 2008 at Jhagadia, Bharuch in Gujarat. With an investment of about USD 200 million, this factory became an icon leading the textile industry in India & abroad. Spread over 100 acres, the mill covers 45 acres of land and another 50 acres have been landscaped to perfection. Birla Century is equipped with the latest compact technology capable of manufacturing all kinds of premium fabrics from suiting and shirting to fine fabrics and household linen. Birla Century at Bharuch has over one lakh spindles, 300 air jet looms and modern processing facilities to produce 1 lakh meters per day. It is made ups unit for home textile products has capacity to produce 3 lakh pieces per month of bed sets. (ANI-Businesswire India)