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Beeyu Overseas Ltd. Company History and Annual Growth Details

Beeyu Overseas Limited (BOL), promoted by Mr. B. P. Singh was
incorporated on 4th March 1993 under the Companies Act, 1956, in the
State of West Bengal, with the objective of exporting Indian products
such as Tea, Coffee and Machinery. The Company is managed by a Board of
Directors who are professionals of eminence from the fields of Tea,
Food Processing, Finance and Banking.

Corporate Milestones:

1994 : The Company sets-up its own overseas office in the business hub
of Moscow, Russia. Mr. Ravi Singh, Vice-Chairman is permanently
stationed in Moscow to oversee marketing and sales in Russia and
CIS countries.

1995 : To further expand its operations, the Company sets up its
second overseas office in Leningrad (St. Petersburg).

1996 : In order to support its overseas activity and for the purchase
of tea, coffee and other agro-based products in South India,
an office was set up in Cochin.

1998 : With the overseas tea operations expanding, the Company sets up
its own state-of-art Tea Blending and Packing unit, the first
of its type in South India in Coimbatore.

1999 : The Company acquired a plantation unit in the Nilgiris situated
at Doddabetta at an altitude of 7800 ft.

2000 : The first manufacturing unit, a 1200 tpa CTC factory is set up
at Nilgiri at an elevation of 7800 ft.

2001 : Production at CTC factory commences on 15th January, 2001.

The Corporate Head Office of Beeyu is constructed at up-market
Ballygunge Circular Road, in Calcutta to serve as the nerve
centre and to oversee the international and domestic operations.

2002 : To achieve economies of scale, the blending unit, hitherto
situated in Coimbatore, is shifted to the plantation at
Doddabetta with major up-gradation.

2003 : To cater to the increasing overseas demands in Russia and CIS
countries and opening up of other markets, the Company sets up a
state-of-art orthodox tea manufacturing unit in the existing
Estate at Doddabetta with an installed capacity of 1800 tpa.
Commercial production starts on 12th August, 2003.

To emphasize its commitment to management quality, the Company
gets its processes ISO 9000:2001 from PET NORSKE VERUAS.

2004 : With firming up of the domestic tea market and the future
prospects looking even brighter, the Company de-bonds the
CTC EOU unit and enters the domestic bulk tea market in a
major way.

To ensure consistent supply of quality green leaf, the Company
has adopted a village in the Doddabetta region which produces
quality green leaf.

To exploit the growing demands for tea in the international and
domestic market, the Company embarks on a major expansion
program for setting up additional CTC and Orthodox tea
production facilities

Future Plans:

2005 : The first phase of the Company's expansion program involving one
CTC and one Orthodox tea factory will become operational
doubling the total manufacturing facility from 3,000 tpa to
6,000 tpa.

2006 : The second phase of the Company's expansion program involving
another CTC and Orthodox tea factory will be commissioned
increasing the total manufacturing facility to 9,000 tpa.

--Beeyu joins hand with Fern Tea for Sri Lanka entry


-Beeyu Overseas Ltd has appointed Mr. Ram Gopal Bhattacharjee as an Additional Director w.e.f. June 30, 2008 on the Board of the Company.
Oct 24, 3:53 pm
Oct 24, 4:09 pm
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