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Blue Star Opportunities history
Blue Star Opportunities company history timeline
Blue Star was founded in 1943 by Mohan T Advani, an entrepreneur of exemplary vision and drive.
To complement its air conditioning projects and undertake turnkey industrial projects, an Industrial Division was set up in 1978.
An advanced manufacturing facility was set up at Dadra in 1997 in technical collaboration with Rheem USA to enhance manufacturing competency.
Revenues touched the ₹10 crore mark and staff strength doubled to exceed 2000.
The company set up a wholly owned subsidiary company under the name Blue Star Design & Engineering Ltd in November 2003 which provide offshore product design and project engineering services to the global manufacturing and specialized Architecture Engineering and Construction sectors.
In the following three years, the company nearly doubled its revenue, clocking ₹1,178 crores in 2005-06.
Also the company strengthened their projects business through the strategic acquisition of the business of Naseer Electricals Pvt Ltd a leading electrical contracting firm in January 2008.
Ltd with the company.In July 2008 the company was awarded an order from Delhi Metro Rail Corporation of Rs 104 crore for providing air conditioning solutions to 7 metros stations.
Blue Star crossed the ₹3,000 crore revenue milestone in 2015.
About 3 million units sold every year are electric namely RO UV RO+UV and its variants.In FY 2017 the Company launched a range of 13 models including colour variants perhaps the largest by any new entrant in the category.
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Blue Star Opportunities may also be known as or be related to BLUE STAR OPPORTUNITIES CORP, Blue Star Opportunit and Blue Star Opportunities.