YOUNG AND OLD :: Photos by S.SALIM KUMAR :: view from LAL BAGH, BANGALORE

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BASANT LALL SHAW

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Powerful Visionary, Great Industrialist, leader and motivator, an extraordinary human being, fearless, dashing and soft spoken too   Shri B L Shaw had a courage to set up his plant without the help of  Governmet  and built his own industrial unit on Private Land at Butibori in Maharashtra and gradually he has developed his own industrial empire.   Jayaswal Neco Industries Limited (JNIL) , which started in 1976 as a small Iron foundry unit at Nagpur, is the flagship company of NECO Group of Industries. JNIL is today an INR 26 billion (US$ 472 million) turnover company with technologically advanced production infrastructure and a strong country-wide marketing network. Today its total production capacity of Iron and Steel castings exceeds 140,000 MTPA. The company’s strategy of backward and forward integration has enabled it absorb the fluctuations in business cycles. The “NECO” name is synonymous with Quality, Reliability and Durability of products. Mentor of this industrial
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