Jessop & Company Ltd. traces its origins to 1788, when Breen & Company was founded in Calcutta. Henry and George Jessop, sons of William Jessop, acquired Breen & Company in 1820 on behalf of Butterfly Company, which William Jessop founded in Derbyshire, England in 1790. These two corporations merged to form Jessop & Company. Subsequently, in 1973, the government acquired the company, and Jessop became a Government of India undertaking. In 1986, Jessop became a subsidiary of Bharat Bhari Udyog Nigam Limited (BBUNL), a Public Sector Holding Company under the administrative control of the Department of Heavy Industry, Ministry of Industry, Government of India. Throughout the last two centuries, the company has consistently modernised and streamlined its production facilities in order to stay abreast of the most recent technological advancements and has introduced numerous new products for the country's core sector industries. In 2003, the government sold Ruia Cotex a 72 percent stake in the company for Rs 18,18 crore. The majority of the company's stock was transferred to the Ruia Group, which was accepted as the government's strategic partner for the company's revival. The business produces Cranes, Wagons, Coaches, Road Equipment, Hydraulic, and EPC business. Some of the prominent clients of the company are Tata Steel, BHEL, Essar Steel, NEEPCO, Metro Railway\sKolkatta and Kolkatta Port Trust.
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