Bhandari Group, an independent family business, was established in 1977. Bhandari Steels, the flagship company of the group which was established in 1977, is a well established, leading and reknowned trade house in the country. In its quest for diversification and expansion, the group set up a manufacturing unit christened Bhandari Foils and Tubes Ltd (BFTL), in 1995 , for manufacture of Cold Rolled Stainless Steel Coils and Foils in Dewas, Madhya Pradesh.