Reach for the Stars

1970 Hewlett-Packard (HP) distributorship commences. MTA, who is personally involved, has a heart attack, and never fully recovers from it. 1970 – 72 Blue Star air conditions Bombay’s newest skyscrapers at Nariman Point – the prestigious Air India Building, Express Towers and Oberoi Hotel. Total income crosses Rs 10 crores and employment exceeds 2,000. 1974 MTA passes away, and BTA becomes Chairman. Blue Star licenses Yusuf Alghanim and Co, to manufacture water coolers in Kuwait. 1977 The Middle East thrust begins. Blue Star sets up a JV with Al Shirawi in Dubai. Blue Star also executes central air conditioning projects in Syria, Iraq and Saudi Arabia. The Hitachi Medical distribution business begins. 1978 The Industrial Systems Division is set up. 1979 BTA retires and RDM becomes Chairman. 2015 PEIS business transferred to a wholly owned subsidiary named Blue Star Engineering & Electronics. Total Income crosses Rs 3,000 crores. Blue Star enters into a JV withW J Towell & Co LLC to formBlue Star Oman Electro-Mechanical Company LLC for MEP contracting business. 2016 Vir S Advani takes charge as Managing Director, with B Thiagarajan as Joint Managing Director. Product portfolio expanded to offer water purifiers, air purifiers and air coolers. Blue Star Infotech is sold off to Infogain Pvt Ltd The Company forays into professional kitchen refrigeration and healthcare refrigeration. AMA retires from the Board, to become Chairman Emeritus and SMA takes charge as Chairman. 2017 Total Income crosses Rs 4,000 crores. The Company sets up a wholly owned subsidiary, Blue Star International FZCO, in Dubai Airport Freezone, UAE. For the first time, in April 2017, Blue Star crosses $1billion in market capitalisation value. Blue Star is granted its first patent, for a unique vacuum breaker assembly developed by the R&D team. 2018 Blue Star launches its modernised logo which provides the brand with a refreshing youthful personality. Accompanying it is the new tagline of ‘Built on Trust’. Blue Star begins celebrations of its 75 th year of successful operations.