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Braithwaite & Co.

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Braithwaite and Co. Limited
Company typePublic sector undertaking
Industry
Founded1913; 111 years ago (1913) in Calcutta, Bengal Presidency, British India
(as a subsidiary of Braithwaite & Co. Engineers Limited (U.K.))
28 February 1930; 94 years ago (1930-02-28)
(as Braithwaite & Co (India) Ltd)
Headquarters,
Key people
OwnerMinistry of Railways, Government of India
Websitewww.braithwaiteindia.com

Braithwaite & Co. Limited is an Indian public sector undertaking which is engaged in the manufacture of railway wagons, cranes and other engineering services. It is wholly owned by the Government of India and under the administrative control of the Ministry of Railways. Its headquarters are located at Kolkata, West Bengal.

Manufacturing units

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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 subsidiary has been taken over by the Indian Railways.[2][3][4]

History

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  • The company was established in 1913 as the Indian Subsidiary of Braithwaite & Co. Engineers Limited (U.K.), for the 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 to manufacture cranes, foundry products, machinery components, etc.
  • In 1976, the company was nationalized and taken over by Government of India
  • In 1978, the Project Division was established at Calcutta to execute turnkey projects for material handling plants.
  • IN 1986, the company was one of five government undertakings, all of them related to heavy engineering and located in eastern India, which was placed under the umbrella of Bharat Heavy Udyam Ltd, a newly devised holding company
  • In 1987, the 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 August 2010, the administrative control of the company was taken over by the Ministry of Railways.

Present status

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In 1986, Braithwaite & Co., Ltd. came under the umbrella of Bharat Bhari Udyog Nigam, which became holding company of five companies in eastern India,[2] namely:

With effect from 2010, the management of Braithwaite & Co. Limited has been transferred from the Ministry of Heavy Industries & Public Enterprises to the Ministry of Railways, Government of India.[5] Today Braithwaite is an engineering conglomerate that manufactures:

  • Railway wagons & bogies
  • Heavy-duty cranes
  • Structurals
  • Jute mill machinery and
  • Forging & casting jobs.[2][3]

Miniratna category-I status

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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 profits for three consecutive years, in January 2022 it received recognition as a Mini Ratna-I public sector undertaking.[6]

See also

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References

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  1. ^ "Salim G. Purushothaman assumed additional charge of CMD, BCL". www.psuconnect.in. Archived from the original on 31 May 2023. Retrieved 31 May 2023.
  2. ^ a b c "Bharat Bhari Udyog Nigam Limited". Archived from the original on 17 September 2011. Retrieved 2011-12-19.
  3. ^ a b "Braithwaite and Company Limited - Kolkata - Railway Components manufacturers and suppliers". Archived from the original on 23 April 2012. Retrieved 2011-12-19.
  4. ^ "Yatish Kumar appointed as Chairman, MD of Braithwaite". The Economic Times. Archived from the original on 8 April 2023. Retrieved 18 July 2020.
  5. ^ "Home". bbunl.com. Archived from the original on 7 January 2012. Retrieved 19 December 2011.
  6. ^ NYOOOZ. "Mini Ratna-I status for Braithwaite & Co | Kolkata NYOOOZ". NYOOOZ. Archived from the original on 13 January 2022. Retrieved 12 January 2022.
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