NESCO has incorporated a Section 8 Company as its Wholly Owned Subsidiary (WOS) namely, ‘Nesco Foundation for Innovation and Development’. The company has been incorporated to carry out CSR activities of the Company and other activities. It is been incorporated with an initial subscription of 10,000 equity shares of Rs 10 each.
NESCO is a tool manufacturing company. The company’s engineering products include forging hammers and presses, blowroom lines and high production cards for the textile industry, and sucker rod pumps for onshore oil recovery. The company also provides equipment to the Indian Railways, numerous Ordnance Factories, and Forging Plants.
