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==History== British Physical Laboratories India Pvt. Ltd. was founded in 1963, during the [[Licence Raj]], by T. P. G. Nambiar in [[Palakkad]], [[Kerala]], as a company for manufacturing [[hermetically sealed]] precision panel meters for the defence forces.<ref name="companyHistory">{{cite web|url=http://www.bplworld.com/group/Overview/ourhistory.asp|title=Our Historysexy|publisher=BPL Group|access-date=28 August 2007|archive-date=2 November 2007|archive-url=https://web.archive.org/web/20071102061842/http://www.bplworld.com/group/Overview/ourhistory.asp}}</ref><ref name="BabuEtPulla2011">{{cite news|url=http://www.livemint.com/Companies/0DETNgiBEOJRHc8OfLTHYP/The-rise-and-fall-of-BPL.html|newspaper=[[Mint (newspaper)|Mint]]|publisher=[[HT Media]]|title=The rise and fall of BPL|date=15 March 2011|last1=Babu|first1=Venkatesha|last2=Pulla|first2=Priyanka|location=Bangalore|access-date=18 April 2014|url-status=live|archive-date=25 February 2013|archive-url=https://web.archive.org/web/20130225080334/http://www.livemint.com/Companies/0DETNgiBEOJRHc8OfLTHYP/The-rise-and-fall-of-BPL.html}}</ref><ref name="iipm">{{cite web |url=http://www.iipm.edu/iipm-editorial-500.html |title='B'eyond 'P'erceptible 'L'ogic! - Nambiar's misplaced trust in his son-in-law was just the icing... |publisher=Indian Institute of Planning and Management |access-date=18 April 2014 |archive-date=19 April 2014 |url-status=live |archive-url=https://web.archive.org/web/20140419015118/http://www.iipm.edu/iipm-editorial-500.html }}</ref> Nambiar had worked in the United Kingdom and United States, and when he returned to India, he desired to create a company that manufactured high-quality electronic products, and he wanted to make BPL a [[brand awareness|household name]].<ref name="companyHistory"/> The initial products were precision measuring instruments such as [[Hermetic seal|hermetic sealed panel meters]] for [[Bharat Electronics]] as a subcontract for [[Indian Army]].<ref name="thenewsminute.com">{{Cite web|date=5 July 2016|title=BPL returns: The legacy of an iconic electronics brand all set to invade your home again|url=https://www.thenewsminute.com/article/bpl-returns-legacy-iconic-electronics-brand-all-set-invade-your-home-again-45976|access-date=20 April 2021|website=The News Minute|language=en}}</ref> The newly-founded company was joint venture with the British company of the same name.<ref name="WhoOwnsWhom1964">{{cite book|work=Who Owns Whom|date=1964|page=93|publisher=[[Dun & Bradstreet]]|title=U.K. Subsidiary and Associate Companies showing Parent and Associate Companies}}</ref><ref name="NDTV2021">{{cite web|url=https://www.ndtv.com/business/stock/bpl-ltd_bpl/reports|title= BPL Ltd.|work=[[NDTV Profit]]|date=2021|access-date=8 May 2021|url-status=live|archive-date=17 September 2019|archive-url=https://web.archive.org/web/20190917084152/https://www.ndtv.com/business/stock/bpl-ltd_bpl/reports}}</ref> Then BPL expanded its medical product ranges to include [[electrocardiograph]]s and patient-monitoring systems.<ref name="BabuEtPulla2011"/> After the [[1982 Asian Games]], BPL expanded its range further and manufactured colour televisions and video cassette recorders, and later refrigerators, batteries and other consumer electrical equipment.<ref name="iipm"/> The company headquarters was moved to Dynamic House, Church Street, [[Bangalore]].<ref name="BabuEtPulla2011"/> From medical electronics, it expanded into consumer electronics, telecommunications, [[soft energy technology|soft energy]] and electronic components.<ref name="BabuEtPulla2011"/> ===1980s=== From 1980 onwards, when the industrial licensing was relaxed, BPL began manufacturing televisions and [[telecommunications]] equipment, demonstrating its potential and future business area. It began collaborating with the Japanese [[Sanyo Electric Company]] in the early 1980s with a [[technology transfer|technology-transfer]] agreement.<ref name="BabuEtPulla2011"/><ref name="icmr">{{cite web|url=http://www.icmrindia.org/casestudies/catalogue/Business%20Strategy/BPL%20Ltd%20Sanyo%20Electric%20Ltd%20-%20An%20Enduring%20Alliance.htm|title=BPL Ltd & Sanyo Electric Co. Ltd: An Enduring Alliance|date=2006|publisher=IBS Center for Management Research|archive-url=https://web.archive.org/web/20131024012938/http://icmrindia.org/casestudies/catalogue/Business%20Strategy/BPL%20Ltd%20Sanyo%20Electric%20Ltd%20-%20An%20Enduring%20Alliance.htm|archive-date=24 October 2013|url-status=live|access-date=18 April 2014}}</ref> In the early 1990s, after [[globalisation]] and [[liberalization]] of the Indian economy, competition entered the market. BPL retained its strong presence and growth rate. During the late 1990s, the company's annual revenue peaked at {{INRConvert|4300|c|year=1998}}.<ref name="BabuEtPulla2011"/> BPL concentrated on importing technology, improving product quality, innovations and manufacturing of electronic products. In late 1980s, BPL had metamorphosed from an entrepreneurial venture, into India's biggest consumer electronics & telecommunication company. Following [[economic liberalisation in India]] in 1991, BPL faced increased competition from South Korean companies [[LG Corp|LG]] and [[Samsung]].<ref name="BabuEtPulla2011"/> Internal disputes within the controlling family took away attention from external threats, and the company's fortunes declined.<ref name="BabuEtPulla2011"/> By 2004, BPL and Sanyo were facing serious financial problems due to intense competition in the global electronics market.<ref name="icmr"/> In 2005, the companies announced a joint-venture, and BPL transferred its colour television business, then worth US$80 million, to the new venture.<ref name="MathewEtSinha2005">{{cite news|url=http://articles.economictimes.indiatimes.com/2005-06-28/news/27489856_1_cdr-package-wilful-defaulter-sanyo|title=Bombay HC clears BPL's debt restructuring plan|last1=Mathew|first1=James|last2=Sinha|first2=Vivek|date=28 June 2005|access-date=18 April 2011|archive-date=18 April 2014|url-status=dead|archive-url=https://web.archive.org/web/20140418210512/http://articles.economictimes.indiatimes.com/2005-06-28/news/27489856_1_cdr-package-wilful-defaulter-sanyo|location=[[New Delhi]]|newspaper=[[The Economic Times]]|publisher=[[The Times Group]]}}</ref> BPL was [[restructuring|restructured]] with a focus on energy, healthcare, consumer electronics and home security systems. In 2015, BPL partnered with [[Flipkart]] as an online retailer.<ref name="thenewsminute.com"/> In 2016, BPL launched new [[Light-emitting diode|LED]] TVs (32 Inch, 40 inch and more) with a very economical price through [[E-commerce]] websites like Flipkart and [[Amazon (company)|Amazon]].<ref name="BabuEtPulla2011" />
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