The origin of DCM dates back to 1889, when Delhi Cloth & General Mills was established as an integrated Textile mill in Delhi. Over the years, the DCM Group became one of India's largest conglomerates, consisting of a large number of companies/divisions, reputed for their product quality, dynamism and business integrity. DCM expanded and diversified into a number of manufacturing activities such as Textiles, Sugar, Chemicals, Rayon, Tyre Cord, Fertilizers, Information Technology, grey iron Castings, etc. The name of the Company was changed in 1983 to DCM Limited.
World over, the 80's was the decade of diversifications and DCM entered into a number of Joint Ventures with market leaders like Toyota, Denso, Benetton, etc. However, the 90s was a time for consolidation and focusing on core business areas. The DCM Group too, decided to move out of some of the business ventures which did not fit into its overall strategic vision. Its thrust is now on value-added products, on high technology sunrise industries. The business of the Company was reorganized with effect from 1.4.1990 under a Scheme of Arrangement, wherein its businesses were separated into four companies. Today, after the said reorganization, DCM headed by Dr. Vinay Bharat Ram covers activities in the areas of automotive engineering products, information technology, cotton yarn and real estate.
Over this long period of history, DCM has built its corporate philosophy synonymous with corporate dynamism and business integrity. DCM inherits its values from late Lala Shri Ram, one of India's most prominent, honored and dynamic business leaders, and has been keeping the traditions of its founders alive through promoting arts, culture, education, music and sports.
Apart from DCM DataSystems , the other major Operating Units of DCM Ltd. are:
Anticipating the tremendous boom in the automobile sector both nationally and internationally, the DCM group set up a Grey Iron Foundry in 1977 with a capacity of 17000 MTPA, which was subsequently increased to 35,000 & 50,000 MTPA in phases and recently to 72,000 MTPA. This foundry is one of the leading foundries in India, across all segments in automotive market: car , multi-utility vehicle, tractor , light commercial vehicle , heavy commercial vehicle and earth moving equipment. The foundry specializes in the manufacture of Cylinder Heads , Cylinder Block and Housings.
DCM Engineering`s association with international customers includes GM-Daewoo, Korea; General Motors, USA; Perodua Perkins Motors (Subsidiary of Daihatsu Motor Co., Japan), Malaysia; Hepworth Heating, UK and many more. In domestic market DCM is associated with top automotive players: Maruti Suzuki India Ltd., Hyundai Motors, Mahindra & Mahindra, International Tractors Ltd., Ashok Leyland, Volvo Eicher Commercial Vehicles Ltd., Tata Cummins Ltd., Kirloskar Oil Engines Ltd., Suzuki Power Train India Ltd., Avtec Ltd., Escorts, Swaraj Mazda, JCB India, Force Motors, Simpson & Co. and many more.
The DCM Group set up a spinning mill in the year 1991 with a capacity of 33000 spindles as a unit of DCM Limited. Capacity was increased over the years to 43000 spindles and thereafter 74436 spindles with modern, state-of-the-art technology. DCM Textiles is a leader in manufacture of cotton combed yarn, carded hosiery yarn and mélange yarn.
The unit has presence in 25 countries which includes Spain, Portugal, Egypt, S. Korea, Brazil, Hong Kong, Italy and Israel and a strong dealer network in India, which caters to major hosiery and weaving markets and corporate buyers.