Andrew Yule & Co. Ltd. is an Indian central public sector undertaking under the ownership of the Ministry of Heavy Industries, Government of India.[2] It is currently headquartered in Kolkata, and has offices in the main Indian cities. The majority of the products and services offered by the cpsu's subsidiaries are related to heavy industry and engineering.[3]
History
The business was founded by Andrew Yule in 1863 and incorporated as a private company in 1919. During the British Raj, the company was a large conglomerate. The company had varied and diversified business interests ranging from jute, cotton, coal, tea, engineering, electrical, power, chemicals, insurance, railways, shipping, paper, printing, apart from maintaining a zamindari and managing houses of several companies in India. The company was managed by Andrew Yule and his brother George Yule and later by David Yule. The Bengal Coal Co was part of the Andrew Yule group holding collieries in Bengal & Bihar.[4]