Shri Basant Lall Shaw

BabujiShri Basant Lall Shaw, Founder Chairman of NECO Group of Industries, was born on 3rd of August 1933 in a respectable business family in Kolkata. At the age of 16, he joined his family business of trading in Iron and Steel, while continuing his studies in B. Com from Calcutta University. During the Naxalite movement in Kolkata, Shri Shaw decided to shift to Nagpur and set up his first foundry for manufacturing Railway and Municipal castings at MIDC, Nagpur 1974. Due to his foresight for setting up the Industry in such a central location that catered to markets all over India added with his continuous strive for quality & innovative products, it became a grand success and ever since there was no looking back. Under the stewardship of Shri B.L.Shaw, Jayaswal Neco Industries Limited (JNIL) foundry division has developed a good reputation not only in India but in various overseas markets like Dubai, Oman, Kuwait, Europe, USA, Taiwan and Australia for manufacturing durable, reliable and highest quality castings.
In 1996, he guided JNIL to establish the 1 Million MT State-of-the Art Integrated Steel Plant at Raipur (CG) which today has established itself as one of the foremost supplier of Alloy Steel Bars & Rods in the country.
An active member of various Industrialist forums, he was the past President of Vidarbha Industries Association (VIA) and Confederation of Indian Industries (CII)-Vidarbha Region among others. He was the founding member of the Indian Institute of Foundrymen (IIF)– Nagpur Chapter and continues to be its Life member.
Shri B L Shaw is actively associated with a number of philanthropic organizations and is committed to the cause of social uplifting of the under-privileged. He had dedicated himself to providing best of medical care at reasonable cost to the socially deprived. Shri Shaw is associated with Rastrasant Tukdoji Regional Cancer Research Centre and Hospital and an active member of its Governing Council.

He strongly believes that education alone can change the forte of the under-privileged. He is associated with various non-governmental social organizations (All India Jayaswal Mahasabha, Jayaswal Shikshan Samiti) and various other organizations providing technical education at reasonable costs to the masses.