BPL group
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| BPL Group | |
 |
|
| Type | Public (NSE, BSE) |
|---|---|
| Founded | 1963 |
| Headquarters |  Mumbai, India |
| Industry | Electronics |
| Products | televisions, refrigerators, washing machines, microwaves & audio equipment |
| Revenue | Rs 24.126 billion |
| Employees | 14,000 |
| Website | www.bplworld.com |
BPL is an Indian electronics company. The acronym stands for "British Physical Laboratories". It deals with consumer electronics (such as referigerators and washing machines), mobile networks etc.
[edit] History
In 1963, BPL founder and Group Chairman TPG Nambiar began manufacturing hermetically sealed precision panel meters in Palakkad, Kerala, under the name of British Physical Laboratories. Having worked in the UK and USA, when he came back to India armed with a vision of pioneering the manufacture of superior quality electronic products, he dreamed of making BPL a household name.
Over the years, BPL's growth has been subject to constant challenges. The company was started at a time when the government had reserved many areas of business for the public sector. It had also virtually barred most entrepreneurs from entering other fields through reservations on licensing.
From 1980 onwards, when the industrial licensing was relaxed, BPL began manufacturing televisions and telecommunications equipment, demonstrating its potential and future business area. In the early 1990s, after globalisation and liberalisation of the Indian economy, competition entered the market. BPL retained its strong presence and growth rate. Strategic alliances with international companies provided the technology for them and set the standards of quality.
Using its experience of the market and the consumer, BPL concentrated on importing technology, improving product quality, innovations and manufacture of electronic products that enhanced the quality of life. After 37 years, BPL has metamorphosed from an entrepreneurial venture, into India's biggest consumer electronics company.
[edit] External links
On September 19, 2005 BPL sold its dry cell battery business to Eveready Industries for Rs.67 crores. It however decided to retain its alkaline battery business.
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