The Genesis of NCL Industries Limited can be traced to the Golden Era of entrepreneurial development in Andhra Pradesh (pre-bifurcation) of the early 1980’s. This period marked the emergence of a number of individual entrepreneurs whose fledgling enterprises evolved into well-established industrial groups. Nagarjuna Cement Limited, as the Company was known then, established a mini cement plant at Mattapalli in Nalgonda (now Suryapet) District to augment the supply of scarce cement with relatively low investment. This turned out to be a resounding success. The cement produced under the brand name ‘Nagarjuna’ established a premium image in the coastal districts of Andhra Pradesh. The company expanded the capacity of the cement plant in stages. Starting with a modest capacity of 200 TPD, the company has now grown to a level of >8000 TPD, spread over two locations.
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