Jayaswal Neco Industries Limited (JNIL) Company Profile: Products, Promoters and Clients

Jayaswal Neco Industries Limited (JNIL) Company Description

Founded in 1976 as a modest iron foundry, Jayaswal Neco Industries Limited (JNIL) has evolved into the flagship company of the NECO Group of Industries. Initially a small-scale operation, JNIL has grown into a major player in the iron and steel casting industry, producing a wide range of products including billets, rolled products, pig iron, sponge iron, pellets, and various iron and steel castings.

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Q1.What are the Products and Service offerings of JNIL?

JNIL boasts a broad and diverse product portfolio that includes:

  • Steel Plant Products
  • Automotive Components
  • Construction Components
  • Engineering Components
  • Fabrication Products
  • NSSL Valves & Services
  • Refractory Products
  • Defense Equipment

Building Products

  • Specialty Sheet Production Lines

Q2.Who are the Promoters of JNIL?

Shri Basant Lall Shaw - Chairman (JNIL)

Shri 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

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Shri Arbind Kumar Jayaswal - Managing Director (JNIL)

Mr. Arbind Jayaswal is the Managing Director of Jayaswal Neco Industries Ltd. – the flagship company of renowned NECO GROUP OF INDUSTRIES having a turnover of approx. Rs. 3500 crore per annum. Born in a respectable business family in Kolkata in the year 1953, Mr. Arbind Jayaswal inherited the business acumen from his father. Being the eldest amo

Q3.Who are the Clients of JNIL?

The Marquee clients of JNIL:

  1. L&T
  2. Ahluwalia Contracts India Limited
  3. Bengal Ambuja
  4. Vandana Ispat Pvt Ltd.
  5. Mallu Paper Mills Ltd.
  6. Veolia Water Pvt Ltd.
  7. Mascot Interior
  8. Wonder Cement Ltd.
  9. Bhilai Engineering Corporation Ltd.
  10. Binani Cement

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