NCL Industries has received an approval for the proposal to setup ready-mix concrete plants in Andhra Pradesh. The company has received board approval at its meeting held on August 12, 2011.
Earlier, NCL Industries had received its board’s approval for the proposal for taking up projects for construction of Prefab structures in joint venture (JV) with VST - ERBUNDSCHALUNGSTECHNIK GmbH (Austria) pursuant to the JV & shareholders’ agreement. These projects would be taken up by NCL-VST Infra which had been formed for this purpose. The board gave its approval at its meeting held on January 31, 2011.
NCL Industries engages in the manufacture and sale of various building materials in India. It operates in four divisions: Cement, Boards, Prefab, and Energy.