Balmer Lawrie & Co. Ltd. (BL) is an Indian central public sector undertaking and a conglomerate under the Ministry of Petroleum and Natural Gas, Government of India. It is classified as a category-I Miniratna company. Originally founded in 1867 by George Stephen Balmer and Alexander Lawrie in Calcutta, British India, the conglomerate has eight strategic business units, four joint ventures in India and abroad, and a subsidiary in India.
History
Balmer Lawrie was founded as a partnership firm on 1 February 1867 in Calcutta, British India, by two Scotsmen: George Stephen Balmer and Alexander Lawrie.[1][2][3] It became a private limited company in 1924 with a paid-up share capital of ₹40 lakhs, a public limited company in 1936 and then a Government of India Enterprise