Andrew Yule and Company Limited is a public sector unit and its parent company is Yule Group. This group has diverse business interests in telecom, engineering, environment, electrical, lubricants, industrial electronics, tea, turnkey contracts, financial services and printing. While the parent company -- Andrew Yule & Company -- is a Government of India enterprise, the group companies are in private sector with widely distributed shareholding. It was incorporated as a private company in 1919. After India gained independence from the British Empire, the company was turned into a public company in 1948. It is currently headquartered in Kolkata.
Business profile :
The majority of the products and services offered by the company's subsidiaries are related to heavy industry and engineering. The group has an excellent brand Image and more than 30 manufacturing units, a large number of them having ISO-9000 accreditation, 4 regional offices and strong distributor and service network all over India. Today this group has repositioned itself for the new environment and the focus is on strategic alliances and technology upgradation and access to international market.
Business divisions :
- Engineering - Engaged in manufacture of industrial fans, tea machinery, air pollution and water pollution control equipments.
- Electrical -- Engaged in manufacture of high temperature (HT) and low temperature (LT) switchgears, transformers, relay and contactors and turn-key projects on power distribution,
- Tea -- Engaged in tea growing and manufacturing
Associated companies
- DPSC Ltd
- Descon Ltd
- Webfil Ltd
- Yule Financing & Leasing Co.
Subsidiary companies
- Hooghly Printing Co. Ltd.
Awards
In 2011 the Company has bagged the prestigious BRPSE Turnaround Award
In 2012 Andrew Yule & Co. Ltd. won the prestigious MoU Excellence Award