Richardson & Cruddas (1972) Ltd. is a Schedule-C CPSE under the administrative control of Ministry of Heavy Industries. It was established in the year 1858 and nationalized by an Act of Parliament in the year 1972. R&C is a heavy engineering compnay and 100% owned by Govt. of India. It is in the business of fabrication of various process equipments meeting the needs of Power Sector, Steel Manufacturing Plants, Railways, Oil & Gas, Fertilizers, Sugar Industries, Atomic Energy, Space, Water & Sewage Treatment Plants transmission line Towers fabrication and galvanising Testing of transmission line towers etc. R&C has four manufacturing units, two located in Mumbai at Byculla and Mulund, one at Nagpur and one at Chennai. R&C's corporate office is located at Byculla, Mumbai.