Nuvoco Vistas Corporation Ltd. was established in 2014. As part of the Nirma Group, the company has rapidly emerged as a major force in India’s building materials sector. Headquartered in Mumbai, it has distinguished itself as the fifth-largest cement manufacturer in India, boasting an impressive installed capacity of 25 million metric tons per annum (MMTPA) while maintaining a dominant position in East India’s market.
The company’s product portfolio is built around three core segments. Their cement division manufactures a comprehensive range of products, including Ordinary Portland Cement (OPC), Portland Pozzolana Cement (PPC), and Portland Composite Cement (PCC). Complementing this is their Ready-Mix Concrete (RMX) division, which provides specialized concrete solutions for construction projects. The third pillar of their business is Modern Building Materials (MBM), offering innovative solutions for waterproofing and ancillary construction needs.
Niyogi Enterprise Private Limited, which is a subsidiary of the Nirma Group, owns a 60.16% stake in Nuvoco Vistas Corporation. Under this strategic oversight, the company has positioned itself at the forefront of India’s construction materials industry.
Nuvoco has a seasoned management team, which includes Hiren Patel as the Chairman and Jayakumar Krishnaswamy as the Managing Director. Hiren Patel owns 9.36% of the company’s total equity, while his brother Rakesh owns 2.33%. Apart from them, there are other managerial promoters who have contributed to the company’s success. They are Bhavna Doshi (Independent Director) and Achal Bakeri (Independent Director).
The registered office is located at LBS Marg, Kurla (West), Mumbai. Meanwhile, the company’s registrars are based in Vikhroli. What sets Nuvoco apart is its commitment to building a more sustainable and innovative construction sector. The company is focusing on high-quality building materials and maintaining a strong market presence, particularly in East India. As a result, it continues to play a crucial role in India’s infrastructure development.
How Nuvoco Vistas Pioneered Sustainable Construction Solutions in India
Nuvoco Vistas Corporation Ltd. has been a pioneer in sustainable construction solutions in India. Since its inception in 2014, the company has focused on creating eco-friendly building materials that contribute to a greener and smarter world. Nuvoco’s commitment to sustainability is evident in its innovative products and practices. As a result, the company has set new standards in the construction industry.
From its early days, Nuvoco Vistas was committed to sustainability. The company’s first greenfield cement plant in Nimbol, Rajasthan, marked the beginning of its journey towards sustainable construction. This plant was designed to produce cement with lower carbon emissions and higher energy efficiency. The initial focus on sustainability laid the foundation for Nuvoco’s future initiatives. This established the company as a forward-thinking player in the construction industry.
In 2020, Nuvoco made a significant move by acquiring Emami Cement Ltd. This acquisition expanded Nuvoco’s production capacity and enhanced its market presence. As a result, it was the fifth-largest cement group in India, with an installed capacity of 25 million metric tons per annum (MMTPA). The acquisition also enabled Nuvoco to broaden its product portfolio and reach new markets, furthering its commitment to sustainable construction practices.
Nuvoco has been at the forefront of introducing innovative products that promote sustainability. One of its flagship products is Ecodure Thermal Insulated Concrete, launched on World Environment Day in 2024. This advanced material is made to provide an eco-friendly solution to global warming by enhancing energy efficiency and reducing cooling costs in buildings. Ecodure’s specialized aggregates reduce indoor temperatures by up to 3°C, making it ideal for residential, industrial, and institutional buildings. This innovation highlights Nuvoco’s dedication to contribute to a greener future.
Nuvoco’s commitment to sustainability extends beyond its products. The company has implemented a range of eco-friendly practices in its operations. For instance, Nuvoco’s cement plants are equipped with waste heat recovery systems and solar power plants. They help reduce energy consumption and lower carbon emissions. Additionally, the company has established a Construction Development and Innovation Centre (CDIC) in Mumbai. This focuses on developing innovative and sustainable construction solutions. The centre serves as a hub for research and development, driving continuous improvement in Nuvoco’s products and processes.
Nuvoco’s sustainable construction solutions have had a significant impact on the Indian market. The company’s products are widely used in various landmark projects. Notable projects such as the Mumbai Metro, the Eastern Peripheral Expressway, and the Statue of Unity have utilized Nuvoco’s eco-friendly building materials. The widespread adoption of Nuvoco’s products highlights the growing demand for sustainable construction solutions. It also showcases the company’s role in meeting this demand.
Looking ahead, Nuvoco continues to invest in research and development to create more sustainable construction solutions. The company aims to expand its product portfolio and reach new markets. Nuvoco’s future initiatives include developing advanced materials with even lower carbon footprints and exploring new technologies for sustainable construction. By staying at the forefront of innovation, Nuvoco is poised to lead the way in creating a greener and smarter world.