Our Company

Milestones

 
Year Event
2023 With a Total Income of Rs 8008.19 crores Blue Star delivers exceptional financial results in FY23 in an orbit shifting all round performance
2022 Blue Star’s revenue crosses Rs 6000 crore mark!
2022 Blue Star forays into Water Projects Business
2022 Blue Star inaugurated the Company’s first-of-its-kind ‘Customer Experience Centre,’ built on an area of 1000 sq ft, at Blue Star Innovation Centre in Thane.
2022 Blue Star inaugurated a new contemporary office at Thane, the ‘Blue Star Innovation Centre.
2021 Blue Star expands market reach with the launch of new affordable range of split ACs to cater to the mass market.
2020 Blue Star wins 'The Best Governed Company' award at the '19th ICSI National Awards for Excellence in Corporate Governance'
2019 Blue Star appoints Virat Kohli as the Company’s Brand Ambassador.
2018 Blue Star embarks on its Platinum Jubilee Year.
2018 Total Income crosses Rs 4600 crores.
2017 Blue Star receives its first patent for a unique Vacuum Breaker Assembly for deep freezers.
2017 Blue Star forays into Engineering Facility Management.
2017 The Company sets up a wholly owned subsidiary, Blue Star International FZCO, in Dubai Airport Freezone, UAE to consolidate its international business ownership.
2017 Total income crosses Rs 4,000 crores.
2016 Blue Star expands its product portfolio to water purifiers, air purifiers and air coolers.
2016 The Company forays into professional kitchen equipment and healthcare refrigeration.
2015 Total income crosses Rs 3,000 crores.
2015 Blue Star enters into JV with W J Towell & Co LLC; forms Blue Star Oman Electro-Mechanical Company LLC.
2015 Professional Electronics & Industrial Systems business of the Company transferred to a separate subsidiary named Blue Star Engineering & Electronics.
2015 International Business Group was formed, comprising Global Product Sales and International Projects, with a focus on increasing the Company’s global footprint.
2013 Blue Star celebrates its 70th Anniversary.
2012 Blue Star celebrates Birth Centennial of Founder, Mohan T Advani.
2011 Blue Star forays into the residential air conditioning segment.
2010 The Company acquires D S Gupta Construction, the largest independent Indian plumbing & firefighting contractor. Thereby fortifying Blue Star’s integrated mechanical, electrical and plumbing & firefighting (MEP) contract offerings.
2008 Blue Star powers into Building Electrification by acquiring Naseer Electricals, a leading electrical contractor.
2008 Total income crosses Rs 2,000 crores.
2007 Formation of Blue Star Qatar, headquartered at Doha, to handle central air conditioning and MEP contracts in the Middle East for residential, commercial and industrial purposes.
2007 Blue Star sets up its 5th factory at Wada in Thane district.
2006 Total income crosses the Rs 1,000 crores mark.
2006 Blue Star opts for a 5 for 1 stock split.
2005 Blue Star sets up factory at Kala Amb in Himachal Pradesh.
2003 Blue Star exits Yokogawa JV.
2001 Total income crosses Rs 500 crores. Export of air conditioning products begins.
2000 International Software business spun off to form Blue Star Infotech. Gets listed on stock exchange.
1999 Blue Star exits from industrial projects business.
1998 Major thrust on dealerization and brand building begins.
1997 Dadra plant inaugurated.
1995 Blue Star exits from HP India JV.
1993 Formation of Arab Malaysian Blue Star JV in Malaysia.
1993 Blue Star celebrates its 50th Anniversary.
1992 Total income crosses Rs 200 crores.
1992 Blue Star exits from Motorola JV.
1990 Gandhinagar factory closes.
1989 JV with Hewlett-Packard and Motorola begins.
1988 Blue Star becomes India’s largest central air conditioning company.
1988 Manufacturing collaboration with Mitsubishi commences.
1988 Assembly of personal computers under the brand name ‘Quantum’ begins.
1987 Yokogawa Blue Star JV formed.
1987 Gandhinagar factory set up for EPABX systems.
1986 Total income crosses Rs 100 crores.
1985 Manufacturing of centrifugal packaged chillers commences at Thane plant.
1984 York technology collaboration begins.
1983 International Software Division inaugurated in Seepz.
1980-86 Major AC and R projects executed in the Middle East.
1980 Bharuch factory set up.
1978 Industrial Division commences activity.
1977 Hitachi Medical Equipment distributorship begins.
1977 Middle East thrust begins. Joint Venture (JV) with Al Shirawi in Dubai.
1974 Water Cooler manufacturing license granted to Yusuf Alghanim, Kuwait.
1972 Total income crosses Rs 10 crores. Employment crosses 2,000.
1972 First skyscrapers of Mumbai – Air India Building, Express Towers and Oberoi Hotel set-up – all air conditioned by Blue Star.
1970 Hewlett-Packard distributorship commences.
1969 Factory moves from Colaba in Mumbai to Thane.
1965 Techniglas Pvt Ltd set up to manufacture insulation material.
1964 Total employment crosses 1,000.
1962 GDR Machine Tools distributorship begins.
1960 Total income crosses the Rs 1 crore mark.
1957 Perkin-Elmer tie-up marks the start of the electronics business. GDR business machines agency commences.
1955 GDR Testing machines distributorship begins.
1954 Blue Star selected as distributor for Honeywell.
1949 Proprietorship converted to Private Limited Companies.
1948 Manufacturing of water coolers commences.
1947 Worthington selects Blue Star as Indian partner. Manufacturing of ice candy machines and bottle coolers begins. Central air conditioning system design and execution begins.
1946 Blue Star secures Melchior Armstrong Dessau agency.
1943 Mohan T Advani establishes Blue Star Engineering Company as a proprietary firm.
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