Founded by two Scotsmen, Stephen George Balmer and Alexander Lawrie, in Kolkata, Balmer Lawrie & Co. Ltd. started its corporate journey as a Partnership Firm on 1st February 1867. Traversing the 157 years gone by, today Balmer Lawrie is a Miniratna - I Public Sector Enterprise under the Ministry of Petroleum and Natural Gas, Govt. of India, with a turnover of Rs. 2383 crores and a profit of Rs. 154 crores.
Balmer Lawrie is a diversified PSE leveraging technology and innovation for manufacturing and providing world class solutions.
Balmer Lawrie adheres to robust corporate governance practices, emphasising on transparency, accountability, and ethical conduct to ensure sustainable business growth and stakeholder trust.
Balmer Lawrie regularly invites tenders for various projects and services, promoting fair competition and transparency in the procurement process.
Balmer Lawrie through regular press releases, events and newsletters, ensures that its stakeholders are well-informed about the company's latest developments and achievements.
Balmer Lawrie & Co. Ltd., the highly diversified PSE under the Ministry of Petroleum & Natural Gas (MoPNG), implemented ISO/TS 16949: 2009 at its Greases & Lubricants Plant in Silvassa to bring in international practices in Quality Management System towards design and manufacture of lubricants & greases. This certification will help to meet the requirements of the Automotive OEMs especially the MNC OEMs such as Suzuki, Toyota, Ford, Renault, Hyundai etc. Shri Sasim Chattopadhyay, Head Operations, Kolkata, M/s DNV handed over this prestigious ISO/TS 16949 certificate to Shri Prabal Basu, Chairman & Managing Director, Balmer Lawrie, in the presence of the Board of Directors of Balmer Lawrie, on 6th March at Vedic Village, Kolkata. This certification is another feather in the cap for this Government of India Enterprise, which is well focused to strengthen its foothold in the automotive sector both in India and abroad. Speaking on the occasion, Shri Chattopadhyay said, “It’s a journey to excellence through continual improvement and DNVGL feels proud to be associated with Balmer Lawrie in their journey to excellence.” ISO/TS 16949 is a globally recognized quality management system for the automotive sector. It provides a framework for achieving best practices with regards to the design and manufacture of products for the automotive supply chain. ISO/TS 16949 was developed by the International Automotive Task Force (IATF) to create common processes and procedures by the International Automotive industry. This International Standard promotes the adoption of a process approach when developing, implementing and improving the effectiveness of a quality management system, thus enhancing customer satisfaction by meeting customer requirements. Balmer Lawrie is the market leader in the grease business and the preferred supplier for all the leading International OEMs in India. Besides, the lubricants and greases manufactured by Balmer Lawrie are most preferred by the core sectors of the economy such as Defence, Railways, State Transport, Steel, Coal & Mining, Power etc. Balmer Lawrie, a 149 years old conglomerate also holds the rare distinction of having earned profits year after year, without a single year of loss since inception.
Sunday Dec 29 2024
