Electronic Division of DCBL becomes operational in Bangalore making new models of Hi-Fi Amplifier cassette music systems. Colour TVs based on ET&T design are also produced in small quantities.
Dalmia Bharat Group sets up its first wind farm.
The company also gets IS/ISO 9002 certification.
New generation monolithic refractory products like castables, precast blocks and lance pipes are successfully introduced in OCL.
Utkal Investments Ltd, Konark Minerals Ltd, Kashmissa Industries Ltd and Hari Fertilisers Ltd become wholly-owned subsidiaries of the company.