Phoenix Mills

Phoenix Mills was originally started in 1905 to manufacture cotton textiles in Bombay. The company, which has been listed on the Bombay Stock Exchange since 1959, is owned by the Ruia family.In 1938, the British government ordered firing at workers who were peacefully protesting the proposed Bombay Trades Disputes Bill. The workers at Phoenix Mills went on a strike between 11 April 1939 and 1 November 1939, demanding an increase in pay. Phoenix was affected by the general strike that shut down all mills in Mumbai for over a year in 1982–83. Mumbai's mills went through a turbulent time in the 1980s and '90s owing to labour unrest in addition to higher operating costs of a mill inside Mumbai, making mills such as Phoenix loss-making and nonviable entities. The management chose redevelopment of mill land, which had high commercial value. Sections of the mill were still operational when redevelopment began with the establishment of the Bowling Co. Workers were unhappy with the management's decision, alleging that it was illegal.In 2005, Phoenix Mills celebrated its 100th anniversary.