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Braithwaite & Co.
| Industry | |
|---|---|
| Founded | 1913 in Kolkata, Bengal Presidency (as a subsidiary of Braithwaite & Co. Engineers Limited (U.K.)) 28 February 1930 (as Braithwaite & Co (India) Ltd) |
| Headquarters | , |
Key people |
|
| Owner | Government of India |
| Parent | Ministry of Railways |
| Website | www |
Braithwaite & Co. Limited is a manufacturing company which is fully owned by Government of India having its headquarters at Kolkata, West Bengal. The company has three units – Clive Works, Victoria Works both in Calcutta and Angus Works in Hooghly District, West Bengal. From 2010 the administrative control of the company has been taken over by the Ministry of Railways.[1][2][3]
History[edit]
The company was established in 1913 as the Indian Subsidiary of Braithwaite & Co. Engineers Limited (U.K.), for undertaking fabrication of structural steel works. In 1930 it was incorporated as Braithwaite & Co (India) Ltd at Calcutta. In 1960 Braithwaite's Angus Works located at Champdani was set up for manufacture of cranes, foundry products, machinery components etc. The Project Division at Calcutta was established in 1978 to execute turnkey projects for material handling plants. In 1987 Victoria Works was taken over, which is equipped with all facilities for the manufacture of pressure vessels, railway wagons and heavy structurals for bridges and other engineering applications. In 1976 company was taken over by Government of India, and in August 2010 the administrative control of the company was taken over by the Ministry of Railways.
Present status[edit]
In 1986, Braithwate & Co., Ltd. came under umbrella of Bharat Bhari Udyog Nigam, which became holding company of five companies in eastern India; Braithwate & Co. Ltd, Burn Standard Company, Bharat Wagon and Engineering, Braithwaite, Burn & Jessop Construction Company, Jessop & Co. Ltd.[1] Later, Jessop & Company was privatized.
However, with effect from 2010, the management of Braitwate & Co. Limited has been transferred from Ministry of Heavy Industries & Public Enterprises to Ministry of Railways, Government of India.[4]
Today Braithwate is an engineering conglomerate which manufactures, railway wagons & bogies, heavy duty cranes, structurals, jute mill machinery, forging & casting jobs.[1][2]
Miniratna category-I status[edit]
Braithwaite & Co, under the UPA Government in 2010 got enlisted for disinvestment, since the engineering firm made a turnaround with a manifold increase in annual turnover and making profits for three consecutive years, in January 2022 it received recognition as a Mini Ratna-I public sector undertaking.[5]
References[edit]
- ↑ 1.0 1.1 1.2 "Archived copy". Archived from the original on 17 September 2011. Retrieved 2011-12-19.
{{cite web}}: CS1 maint: archived copy as title (link) - ↑ 2.0 2.1 "Archived copy". Archived from the original on 23 April 2012. Retrieved 2011-12-19.
{{cite web}}: CS1 maint: archived copy as title (link) - ↑ "Yatish Kumar appointed as Chairman, MD of Braithwaite". The Economic Times. Retrieved 18 July 2020.
- ↑ http://www.bbunl.com/
- ↑ NYOOOZ. "Mini Ratna-I status for Braithwaite & Co | Kolkata NYOOOZ". NYOOOZ. Retrieved 12 January 2022.
External links[edit]
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