Nitya Group to Invest Rs 200 Cr in Next 5 Years

Encouraged with the government’s vision of Make in India, FMEG and industrial power distribution equipment maker Nitya Electro Controls (NEC) said that it is mulling to invest an amount of about Rs 200 crore within next 5 years.

The move is not only expected to generate multiple employment opportunities but also ensure environment protection through clean and green energy.

The announcement was made during the five day event ELECRAMA 2020 at Greater Noida, where it also launched an exclusive range of German wires and cables.

During the event, the company showcased its wide range of upcoming products for household and industrial use such as house wire, multicore cables, specialty cables, LT power cables etc.

Commenting on the development, Prashant Srivastava, CMD, Nitya Group, said “we are always committed to providing our consumers with best, safe and advanced technology with a greater range of wires and cables. Wires and cables are very essential parts of the electrical installation circuit to safeguard from any short circuit and fire. We are coming up with German technology advanced products for Indian consumer to ensure the best quality and safety. Our strategy always aims to improve the product value and fulfil the highest expectation of best in class quality and services.”

He further said that the company has a wide customer base in India and abroad like NTPC, BHEL-all units, PGCIL, EIL, MECON, NMDC, NSIC, SAIL, OSIC, Rashtriya Ispat Utpadan Nigan Ltd, all – state electricity boards, Deen Dyal Grameen Vidyut Vitran Yojna, hospitals, EPC contracting companies, and all types of industries etc.

With more than two decades of experience, NEC started as a premier manufacturer of industrial power equipment which now has also expedited into consumer FMEG’s with an unmatched gamut of offerings known for their innovation, safety and quality.