Jayaswal Neco Industries Limited (JNIL) is the flagship company of the 3500 Crore NECO Group of Industries. Jayaswal Neco Industries Limited, as it stands today, started in 1976 as a small scale Iron Foundry unit at Nagpur. Today Jayaswal Neco Industries Limited (Foundry Division) has grown to be India’s largest producer of Iron & Steel castings with an installed capacity of 140,000 MTPA. Its foundries are located across the states of Maharashtra & Chhattisgarh.
In 1996, JNIL established a 1 Million MTPA Steel plant at Siltara Growth Centre (Raipur). The Steel Plant Division produces Iron & Steel products catering to the need of Automotives, Engineering, Power, Railways, Bearings, Structural and Fasteners Industries in India. JNIL-Steel Plant Division has an installed production capacity of 700,000 MTPA through the Blast furnace route and another 300,000 MTPA through the Direct Reduced Iron (DRI) route. Its products include speciality Steels: Hot Rolled Bars in Rounds & Squares, Wire rods in coils and high strength Leaf springs in Flats. The plant also boasts of 5 captive power plants based on waste heat recovery which produces about 60 MW/day. The Steel plant is under expansion that will see its capacity to be enhanced to about 2 Million MTPA by 2015.
The Neco Group has also been granted Coal and Iron Ore mines in the State of Chhattisgarh and Jharkhand and has undertaken setting up of Thermal Power Stations of 3240 MW in the State of Chhattisgarh and 500 MW in Jharkhand in the next few years. The company will soon start operating its coking coal mines in Jharkhand to feed its existing coke ovens at the Siltara, Raipur plant.
NSSL Limited, a group company produces ferrous & non-ferrous Industrial valves from 0.5” to 80”. The different types of valves manufactured include Gate, Globe, Check, Ball and Plug valves. These are used for different applications in the Petroleum E&P, Refineries, Power Plants, Steel plants, Chemical plants & pipelines in various other industries. It is one of the leading industrial valve units in India. It has recently set up another plant at Nagpur with an investment of Rs. 150 Crores, which will be arguably the largest single location unit to produce valves in the country. Apart from manufacturing, NSSL Limited also provides extensive support for maintenance and repair of valves in service. We can proudly say that NSSL was the first reputed valve manufacturer in India to provide the “Servicing & Repairs to Valves”. This company was granted the prestigious ISO 14001:2004 & OHSAS 18001:2007 by Det Norske Veritas for maintaining the highest standard of Health & Safety at its facilities.
NSSL Limited has subsidiaries in Chennai (Econo Valves), Doha-Qatar (NSSL-Middle East) and Milan-Italy (NSSL-Italia SRL). The Italian subsidiary, NSSL Italia Srl has recently acquired two Italian valve manufacturing companies. NSSL Limited also has an Automotive Machining Division which is the largest Non-OEM unit specializing in production of Cylinder Heads in Iron as well as Aluminium.
Neco Heavy Engineering & Castings Limited (NHECL), a group company at Nagpur produces castings catering to the needs of Heavy Engineering Sector including Integrated Steel Plants, Mini Steel Plants, other Heavy Engineering Industries, Material handling equipment manufacturers, Crane manufacturers, Sugar crushing mills etc.
Neco Ceramics, one of the NECO Group companies, produces Refractory items for steel and cement plants.
Neco Defence Systems Limited (NDSL) is one of the leading providers of defence and security related products to Government bodies and authorized private organizations for providing security to people and assets.
Group company Jayaswal Neco Urja Limited (JNUL) is setting up a 2X300 MW Power project at Village Hamirpur & Jobra ( Tehsil Tamnar, Raigarh Dist., C.G) at a project cost of ₹ 3310.80 Crores.
Neco group has also entered into the arena of Infrastructure constructing highways through its infrastructure arm Terra Infra Development Limited (TIDL). It has already developed several projects (eg. Pondicherry Tindivanam Tollway, Hyderabad expressway, Hyderabad Outer ring road (ORR) project etc.) across the country as consortium partners.