Forbes & Company Limited, the erstwhile Forbes

Gokak Gokak or Gōkāka is a taluka headquarters in the Belagavi district of Karnataka state, India. It is located around 70 km from Belagavi at the confluence of the Ghataprabha and Markandeya rivers. The population of the city is approx 2530 ...

Limited, is an Indian engineering, shipping and logistics company based in

Mumbai Mumbai ( ; ), also known as Bombay ( ; its official name until 1995), is the capital city of the Indian state of Maharashtra. Mumbai is the financial capital and the most populous city proper of India with an estimated population of 12 ...

. It was established in that city in 1767 by John Forbes of

Aberdeenshire Aberdeenshire (; ) is one of the 32 Subdivisions of Scotland#council areas of Scotland, council areas of Scotland. It takes its name from the Shires of Scotland, historic county of Aberdeenshire (historic), Aberdeenshire, which had substantial ...

, Scotland, a descendant of an ancient family of

Lord Forbes of Pitsligo Lord Forbes of Pitsligo was a title in the Peerage of Scotland. It was created on 24 June 1633 for Alexander Forbes. He was a descendant of Sir William Forbes, brother of Alexander Forbes, 1st Lord Forbes (see the Lord Forbes). In 1746, the fourth ...

. Over the years, the management of the company moved from the Forbes family to the Campbells, to the

Tata Group The Tata Group () is an Indian multinational conglomerate group of companies headquartered in Mumbai. Established in 1868, it is India's largest business conglomerate, with products and services in over 160 countries, and operations in 100 c ...

, and finally to the

Shapoorji Pallonji Group Shapoorji Pallonji & Company Private Limited (SPCPL), trading as Shapoorji Pallonji Group, is an Indian conglomerate headquartered in Mumbai. Its primary business interests include construction and engineering, infrastructure, real estate, ener ...

. It is one of the oldest companies of India and has been listed on the

Bombay Stock Exchange BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange based in Mumbai. It is the 6th largest stock exchange in the world by total market capitalization, exceeding $5 trillion in May 2024. Established with t ...

since 1919.

Founder

Born 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.

Business operations

Forbes & Company Limited is involved in three subsidiary companies: * Forbes Engineering:

Robotics Robotics is the interdisciplinary study and practice of the design, construction, operation, and use of robots. Within mechanical engineering, robotics is the design and construction of the physical structures of robots, while in computer s ...

industrial automation Automation describes a wide range of technologies that reduce human intervention in processes, mainly by predetermining decision criteria, subprocess relationships, and related actions, as well as embodying those predeterminations in machine ...

, precision cutting tools and springs * Forbes Real Estate * Forbes Technosys: ATM and banking

kiosk Historically, a kiosk () was a small garden pavilion open on some or all sides common in Iran, Persia, the Indian subcontinent, and in the Ottoman Empire from the 13th century onward. Today, several examples of this type of kiosk still exist ...

References

External links

* {{DEFAULTSORT:Forbes and Company Ltd. Shapoorji Pallonji Group Engineering companies of India Logistics companies of India Shipping companies of India Companies based in Mumbai Companies established in 1767 1767 establishments in India 1767 establishments in the British Empire Indian companies established in 1919 Companies listed on the Bombay Stock Exchange