Post on Medial

Launched the first Color TV in India and built a 20,000 CR famous TV company of the 90s. 1961 - TP Gopalan Nambiar (TPG) signed a deal to acquire the defunct British Physical Laboratories to establish an electronics company. BPL limited was born. 🚀 1963 - TPG sets up a state-of-the-art facility in Palakkad, Kerala, to manufacture hermetically sealed precision panel meters for Bharat Electronics, a subcontractor for the Indian Army during the License Raj. 🙌 1971 - BPL impressed the Indian army with its work. TPG expanded to produce medical electronics, such as electrocardiographs and patient-monitoring systems.🩺 1982 - The year of the famous 9th Asian Games in Delhi. BPL became a sponsor, and TPG pivoted into producing colour televisions and video cassette recorders with a technology partnership from Japan's Sanyo Electronics. It became one of the first colour TVs in India. 🇮🇳 1995 - BPL's TV market share soared to 15% at a profit of 120 CR. TPG paid Bollywood star Amitabh Bachchan 8 CR and signed him for the famous BPL advertisement of the 1990s. ✅ 1998 - BPL's revenue soars to 4300 CR (equivalent to 20,000 CR today) and becomes India's Top 10 TV brand. TPG shifted the base to Dynamic House, Church Street in Bangalore, and started producing refrigerators and batteries. 📉 2005—Simultaneous expansion into several unrelated business areas, a lack of financial discipline, the entry of LG and Samsung, and dissension in TPG's family brought BPL down. 📈 2007 - A 25-year-old tie-up with Sanyo Electronics ends with them buying BPL's 350 CR consumer electronics business. TPG is down but not out. 🤔 2015 - BPL made a comeback with the launch of a new range of affordable smart LED TVs, joining hands with Flipkart as a channel partner for its second innings. 👇 2017 - Partners with Amazon also and Sold 52,000 TVs in one year from just 5300 last year. 💪 2023 - Sells 17 lakh units and clocks a revenue of 71.60 CR at a profit of 13.45 CR. Gains a 3% market share. 🙌 TP Gopalan Nambiar, famously known as TPG, passed away yesterday at the age of 94. But he will always be known as the man who gave "Colour TVs to India." 🙏