In 1963, BPL founder and Group Chairman TPG Nambiar began manufacturing hermetically sealed precision panel meters in Palakkad, Kerala, under the name of British Physical Laboratories.
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The company was started during the Licence Raj, a time when the government had reserved many areas of business for the public sector.
Rajeev is married to Anju Chandrasekhar, daughter of BPL Group patriarch TPG Nambiar.
She appeared in a number of advertising campaigns for big brands (Ponds, Pepsi, Siyaram, BPL, Smirnoff,Tata Sky mobile tv, etc.).
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