Type | private |
---|---|
Industry | Heavy Engineering & Infrastructure |
Founded | 1788 |
Defunct | 2013 |
Headquarters | , India |
Area served | India |
Key people | Pawan K. Ruia, Chairman of Ruia Group |
Products | Railway Wagons, Cranes, Construction Equipment, Engineering-Procurement-Construction (EPC) Services |
Owner | Ruia Group (100%) |
Website | www |
Jessop & Company Limited was an Indian Government owned engineering company based at Dum Dum, Kolkata, India. It was sold by Government of India to Ruia Group when Atal Bihari Vajpayee and Bharatiya Janta Party was in power. [1] It is part of the Ruia Group of companies, which also owns prominent rubber & tyre companies like Dunlop India and Falcon Tyres. [2]
It was declared as sick and liquidated in 2013 citing fall in productivity and Jessop trade unions had denied accepting productivity-linked wage or halving the number of workers in the factory offered by the Ruia group management to keep the company going. [3]
Jessop & Company Limited is India's oldest engineering company, established in 1788. [4]
The history of Jessop & Co. Ltd goes back to year 1788 when Breen & Company was founded in Calcutta. In 1820, Henry and George, sons of William Jessop acquired Breen & Company on behalf of Butterley Company, which was established by William Jessop in Derbyshire. These two companies were merged in 1820 to be renamed as Jessop & Company. [1] [5] The company, during British Raj was a large engineering giant having its head office at 63, Netaji Subhas Road, Kolkata and large manufacturing facilities spread over 63 acres at Dum Dum. [6]
The management of company was taken over by Government of India in 1958 and subsequently in 1973, the company was wholly taken over by the Government of India and Jessop became public sector undertaking. In 1986, with the formation of Bharat Bhari Udyog Nigam (BBUNL), a public sector holding company under administrative control of two government ministries, Department of Heavy Industry and Ministry of Industry, Jessop became a subsidiary of the holding company. [1] [7]
In 2003 the Government of India divested its stake in Jessop & Co. Ltd under privatization programme and sold its 72% stake to Ruia group owned by Pawan Kumar Ruia, who turned it into a profit making entity. [8] [9]
Jessop & Co Limited is accredited to have built the first iron bridge in British India over River Gomti, popularly known as Loha-ka-Pul at Lucknow built during year 1815-1840. It was ordered by Nawab of Oudh [4] [6] [10] Jessop's has also built one steam locomotive, delivered to the Nawab of Oudh in the 19th century [5]
The first steam boat to sail on Indian waters made in India was made by Jessop & Co. in 1819. [11] In 1890 it rolled out the first steam road roller for India. [11] It was also one of the pioneers to make heavy duty cranes.
It was part of the team that built Parliament House [8] during year 1921-27 in New Delhi.
In 1930 it formed a partnership company with Braithwaite & Co. Ltd., Burn & Company to form company named Braithwaite, Burn & Jessop Construction Company, for construction of first semi balance cantilever bridge of India, the Howrah Bridge, [6] [11] [8] [12] the construction of which began in 1936 and completed in 1942. The same company Braithwate, Burn & Jessop also won the contract for the construction of Vidyasagar Setu in 1972 completed in 1993, the first cable-stayed bridge in India. [11]
Further, in 1959, it manufactured the first Electrical Multiple Unit coach for Indian Railways. [11] [8] In 1956 it supplied radial gate for Nagarjuna Sagar Dam later on in 1976 it again pioneered for manufacturing Caisson gates for Haldia Dock Project, first time in India. [11]
New cars used by the tram system in Kolkata was delivered by Jessop in 2012.
The company's net worth eroded over the years and losses mounted into several hundred crores of rupees, as a public sector company. In 2003 the Government of India divested its stake in Jessop & Co. Ltd under the privatisation programme and sold its 72% stake to the Ruia group owned by Pawan Kumar Ruia, who turned it into a profit-making entity. [8] [9] The sale of government share was objected to by staff but the High Court later cleared the deal. [13]
The huge building and company headquarters since 1788 in the heart of the city near B. B. D. Bagh at 63, Netaji Subhas Road [14] was, however, taken over by the Government of West Bengal as the company did not have funds to pay its dues to the state. The company now operates from its works at 1, Jessore Road, Dum Dum, Kolkata.
Today, Jessop manufactures railway coaches and wagons, cranes, road rollers and hydraulic equipment. [6] It is the only company in Asia which has an integrated test facility for testing power roof support and hydraulic items. [5] [6]
Dum Dum is a city and a municipality of North 24 Parganas district in the Indian state of West Bengal. It is a part of the area covered by Kolkata Metropolitan Development Authority (KMDA) and a vital locality in Kolkata Metropolitan Area.
Netaji Subhash Chandra Bose International Airport is an international airport located in Kolkata, West Bengal, India, serving the Kolkata Metropolitan Area and is the aviation hub for eastern and northeastern India. It is located approximately 15 kilometres (9.3 mi) from the city centre. The airport is locally known as Kolkata Airport and Dum Dum Airport before being renamed in 1995 after Netaji Subhas Chandra Bose, a prominent leader of the Indian independence movement. Opened in 1924, Kolkata Airport is one of the oldest airports in India.
Baranagar or Baranagore is a city and a municipality of North 24 Parganas district in the Indian state of West Bengal. It is a part of the area covered by Kolkata Metropolitan Development Authority (KMDA). Baranagar is the fifth most densely populated city proper in the world.
The Kolkata Suburban Railway is a suburban rail system serving the Kolkata metropolitan area and its surroundings in India. It is the largest suburban railway network in the country with the highest number of stations. It is also the largest suburban rail system in the world. There are five main lines and nineteen branch lines. The suburban railway operates more than 1,500 services, carrying 3.5 million people daily and 1.2 billion people every year. It runs from 03:00 am until 02:00 am and the fares range from Rs.5 to Rs.25. The system uses 25 kV 50 Hz AC power supply and runs on 5 ft 6 in broad gauge track. It has interchange stations with the Kolkata Metro at various locations.
Dankuni is a city and a municipality of Hooghly district in the Indian state of West Bengal. It is now part of the area covered by Kolkata Metropolitan Development Authority (KMDA). It is considered posh area in Hooghly. It had an estimated population of 249,840 at the 2011 census. It has a suburban station on the Calcutta Chord link line of the Kolkata Suburban Railway.
Bandel is a neighbourhood in the Hooghly district of the Indian state of West Bengal. It is founded by Portuguese settlers and falls under the jurisdiction of Chandernagore Police Commissionerate. It is a part of the area covered by Kolkata Metropolitan Development Authority (KMDA). Bandel is a major rail junction station of Eastern Railway zone, it is 40 km from Howrah railway station.
The Braithwaite Burn & Jessop Construction Company Limited is a Public Sector Undertaking (PSU) of the Government of India under Department of Heavy Industries. Established on 26 January 1935, BBJ Construction Company has been involved in the construction & repairing of Rail Bridges & Rail-cum-Road Bridges, Industrial structural works, Large building foundation, Civil engineering works, Refinery piping works, Railway gauge conversion etc. The company is registered and headquartered in Kolkata.
Chandrabose or Chandra Bose may refer to:
Bidhannagar Road is a Kolkata Suburban Railway junction station on the Sealdah–Ranaghat line. It is linked to the Sealdah South lines via Sir Gurudas Banerjee Halt railway station. It is located in Ultadanga, Kolkata, West Bengal, India. It serves Ultadanga, Kankurgachi, Bidhannagar and other surrounding areas.
Dum Dum is a station of the Kolkata Metro. The metro station adjoins the platforms of the Dum Dum railway station where connections can be made with Indian Railways services.
Lake Town is a locality in South Dumdum of North 24 Parganas district in the Indian state of West Bengal. It is a part of the area covered by Kolkata Metropolitan Development Authority (KMDA).
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.
Uniworld City is a residential housing complex and city in New Town, Kolkata in the Indian state of West Bengal. The project is developed by Unitech Group, a real estate company in India.
Dum Dum Junction is a Kolkata Suburban Railway junction station on the Sealdah–Ranaghat line. Two lines branch out after Dum Dum – the Calcutta chord line to Dankuni and the Sealdah–Hasnabad–Bangaon–Ranaghat line to Bangaon and Hasnabad. The Dum Dum metro station is adjacent to Dum Dum railway station. It serves Dum Dum and the surrounding areas.
Netaji Subhas Road, previously known as Clive Street, is an important thoroughfare in Central Kolkata that runs predominantly north to south in the B. B. D. Bagh neighborhood of Kolkata.
Public Sector Undertakings (PSUs) are State-owned enterprises, which are established and owned by the Government of India or State governments of India. The public sector undertakings are established either by nationalisation or an executive order incase of union government and state government or act of parliament with the purpose to earn profit for the government, control monopoly of the private sector entities, offer products & services at an affordable price to the citizens, implementation of government schemes and to deliver products & services to remote locations of the country.
The Ministry of Heavy Industries is an executive agency of the Government of India. The Ministry entails for promoting the engineering industry viz. machine tools, heavy electrical, industrial machinery, and auto industry and administration of 29 operating CPSEs and 4 autonomous organizations.
Kolkata Metro Line 6 or the Orange Line of the Kolkata Metro is an under-construction rapid transit line that will connect New Garia with Netaji Subhas Chandra Bose International Airport via two satellite towns Salt Lake and New Town. The line is targeted to open from Kavi Subhash to Hemanta Mukhopadhyay in 2023. This stretch will be one of the most important stretches of the metro because it will connect the southern and the eastern parts of the city with Kolkata Airport. Total distance of this route will be 29.87 km (18.56 mi).
Sahaganj is a locality in Bansberia Municipality of Hooghly district in the Indian state of West Bengal. It is a part of the area covered by Kolkata Metropolitan Development Authority (KMDA).
Belgharia railway station or Belghoria railway station is a Kolkata Suburban Railway and one of the oldest railway station in India. It is located in Belgharia, North 24 Parganas district, West Bengal, India. This railway station situates between the Agarpara railway station and the Dum Dum Junction railway station.