Forbes & Company Limited, the erstwhile Forbes Gokak Limited, is an Indian engineering, shipping and logistics company based in Mumbai. It was established in that city in 1767 by John Forbes of Aberdeenshire, Scotland, a descendant of an ancient family of Lord Forbes of Pitsligo.[2] Over the years, the management of the company moved from the Forbes family to the Campbells, to the Tata Group, and finally to the Shapoorji Pallonji Group. It is one of the oldest companies of India and has been listed on the Bombay Stock Exchange since 1919.[3]
 | |
| Company type | Public |
|---|---|
| BSE: 502865 | |
| Industry | Robotics, industrial automation, logistics, engineering, business automation |
| Founded | 1767,260 years[1] |
| Headquarters | |
| Parent | Shapoorji Pallonji Group |
| Website | forbes |
Founder
editBorn in 1743, John Forbes set sail to India in 1764 on board the ship Asia as a purser on the East India Company's service. After three years as a 'free mariner' and later 'free merchant', he established a business to trade Indian cotton. The company later expanded into ship brokerage, ship building and banking.[2]
Business operations
editForbes & Company Limited is involved in three subsidiary companies:[4]
- Forbes Engineering: Robotics, industrial automation, precision cutting tools and springs
- Forbes Real Estate
- Forbes Technosys: ATM and banking kiosks
References
edit- ^ "FORBES & CO LTD (FG:IN): Stock Quote & Company Profile - BusinessWeek". Investing.businessweek.com. Archived from the original on 25 August 2010. Retrieved 16 July 2010.
- ^ a b "Forbes & Company - one of the oldest businesses in the world". British Library, Untold Lives blog. 18 January 2013. Retrieved 5 March 2024.
- ^ "Company Profile: Forbes & Company Ltd. Company Information". Economictimes.indiatimes.com. 31 December 1919. Retrieved 16 July 2010.
- ^ "Forbes & Company Limited Company Profile – 502865 INDIA Market Size, Market Share and Demand Forecast". Wrightreports.ecnext.com. Retrieved 16 July 2010.
