Indian Marine Freight Container Manufacturing was incorporated on November 8, 1994 as a public limited company. Earlier known as Balmer Lawrie Freight Containers, it got its present name on February 26, 2002. A fresh Certificate of Incorporation dated February 26, 2002, was issued by the Registrar of Companies West Bengal .The registered office of the company is at Kolkata.
The company was set up to manufacture marine freight containers.
The company's project was set up as a 100% EOU in the Madras Export Processing Zone (MEPZ) at Madras. The company`s operations at the Madras Export Processing Zone factory in Tamil Nadu came to a standstill on February 3, 2001.
Balmer Lawrie Freight Containers has become a potentially sick company under the perusal of the Board of Industrial and Financial Reconstruction (BIFR) as a sick industrial unit, as a result of which it has diversified its product range.
The Board for Industrial and Financial Reconstruction in July, 2001, ordered EXIM Bank, the operating agency of the company to explore 'Change of Management' under Sick Industrial Companies (Special Provisions) Act, 1985 and EXIM Bank advertised for induction of a strategic partner and advised for change in management. However, as yet no further development has taken place in this regard.