| Type | Government-owned corporation |
|---|---|
| Founded | 1919 |
| Headquarters | Kolkata, India |
| Key people | K. Datta, Chairman & MD |
| Owner(s) | 97.5% by the Government of India |
| Parent | Yule Group |
| Divisions | Engineering, Electrical, Tea |
| Subsidiaries | Hooghly Printing |
| Website | www.andrewyule.com |
Andrew Yule & Co. Ltd. is an Indian manufacturing and industrial conglomerate, primarily owned by the Indian Government. It is the main company owned by the Yule Group. It is currently headquartered in Kolkata (formerly Calcutta), and has offices in the main Indian cities. The majority of the products and services offered by the company's subsidiaries are related to heavy industry and engineering.
It was incorporated as a private company in 1919. The company was turned into a public company in 1948, after India's independence from the British empire.
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Yule & co. is a public sector company under the Ministry of Heavy Industries and Public Enterprises. Originally founded in 1863, it was incorporated as Private Limited in 1919. In 1948 the company was converted into a public limited company (PLC), and became a central public sector enterprise (CPSE) (schedule B company) in 1979, after the Indian government completed a series of equity share acquisitions (49% in 1974 and 2% in 1979). As of 2011, the shareholders are the Indian government (97.46%), Financial Institutions (0.33%), and the remainder publicly traded (2.21%).
The engineering division is located in Kalyani, West Bengal, and produces industrial fans and blowers, air pollution control equipment, water treatment plants, tea processing machinery, and engineering turnkey contracts.
The electrical division produces power and distribution transformers, high voltage switching gear, low voltage control gear, flame proof switch gear, voltage regulators and rectifiers, plant communication, and fire alarm and detection systems. The switchgear and electrical systems group is located in Kolkata, while the transformer & switchgear unit is located in Chennai.
This division produces bulk tea. It has 5 locations in West Bengal: Mim Tea Estate at Darjeeling, Karbala, Banarhat, Choonabhutti and New Dooars Tea Estates at Dooars. Another 10 locations are in Assam: Khowang, Bhamun, Hingrijan, Basmatia, Desam, Tinkong, Rajgarh, Hoolungoorie, Murphulani and Bogijan Tea Estates.
The business development group produces CAD & GIS applications, digitization, archiving, vectorization, and scanning of drawings, among other services.
This division produces automotive lubricants and automotive and industrial greases.
DPSC's business includes generation, transmission, and distribution of power, and manufacturing contracts for the operation and maintenance of power plants.
Descon provides consultant services in the power and energy sector, management consultancy, and software development.
Webfil is a telecommunications provider, offering a digital micro radio telecommunication network, fibre optic communication systems, multiplexers and message switching systems, and telecommunication network services. Additionally it manufactures filaments for GLS lamps, and cathodes for fluorescent Lamps.
This company provides loan syndication, capital restructuring, financial re-engineering, management of insurance for medium-sized capital business units, and corporate advisory services.
This subsidiary provides multi-colour offset printing. It has regional offices in New Delhi, Mumbai and Chennai