Bhutti Weavers Cooperative Society Ltd.
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In 1993-94 Bhuttico proved beyond doubt that it was the best in the business by winning the National Award (GOLD) from Ministry of Textiles, Government of India. The performance of the Society maybe seen from the financial results as under:

Year Membership Paid Share Capital Sales (Rs.)
1944-45 12 23 443
1956-57 31 1272 31,020
1970-71 106 125400 426445
1980-81 134 640510 1625500
1990-91
265 853230
8594471
2000-01 385 3001716 39070937

It is apparent from the above results that initially with 12 members and a small amount of share capital, the society has grown manifold. This continuing growth until date was attainable due to the solid foundation laid by Mr. Ved Ram Thakur.

Financial Position of Bhuttico
Members share 30.02 lakhs
Reserve and other funds 1.63 crore
Accumulated profits 4.99 lakhs


The accounts of Bhuttico are audited regularly. The audit has been completed upto 31.3.2001. The Society has been classified as 'A' Class. The Society, after meeting all its operating expenses is in profit. The above figures speak for themselves about the financial position of the Society.

Annual Turnover 2000-2001 (Crore)
Total Turnover 20.33
Total Assets 1.73
Sales 3.91
Production Shawls 3.06

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