Nesco

Every journey begins with a single step. Introducing the man behind the legacy.

Shri. J. V. Patel, or Jethabhai as he was fondly called, grew up in an India that was not industrially advanced. The lack of external inspiration only dared him to dream big and become an engineer. This self-made entrepreneur led projects that transformed and strengthened the backbone of the changed Indian industry.

The Standard Engineering Company was in fact founded on his belief in ‘indigenous’ growth. He also took several sick companies under his wing, which is why he was often known as the ‘Doctor of Sick Units’. He eventually became a full-time philanthropist, supporting multiple social and educational initiatives.

‘Your right is in action, never to its fruits, let not the fruits of action be your motive.’

The Bhagavad Gita, Chapter it, verse 47. A verse that was Shri. J.V. Patel's guiding statement in life.

1939

The founder, Shri. J.V. Patel manifests his vision as the Standard Engineering Company (SEC).

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1952

By this time, SEC was taking over & reviving the fortunes of several struggling companies to build an engineering powerhouse.

Empress Iron Works Ltd/ Acme Mfg Co
LTd / Khandelwal Udyog Ltd/ Glass
Lined Equipment Co Ltd/ Indian Furnace
Co Ltd / Ceramics Mfg Co/ Mapara
Parekh Ltd/ Electric Instruments Mfg
Co Ltd / Agro Precision Co Ltd/ Millars
Construction Machinery Ltd

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New Standard Engineering Company Ltd

1956 The acquisition of Burjorji Pestonji & Son re-christens the company as the New Standard Engineering.

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19 57

New Standard Engineering collaborates with B&S Massey Ltd to become the first manufacturer in India for forging hammers & presses.

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1958

The Company launches its public issue, which is quickly oversubscribed.

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1960

Sumant Patel founds the Gujarat Machinery Manufacturers Ltd which later becomes GMM Pfaudler Ltd.

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1962

The New Standard Engineering Company is known to have the largest foundry in the private sector, making specialised castings for the company's forging equipment product line.

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1964

Indabrator is born, on the basis of a joint venture signed with Wheelabrator Corporation, USA for the manufacturing of shot-blasting equipment in India.

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1966

The New Standard Engineering Company builds India's first antenna for space communication, strengthening its decade-long association with the Department of Atomic Energy.

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1986

New Standard Engineering diversifies into realty and the Group welcomes a new sector.

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1992

The 200,000 square feet Bombay Exhibition Center develops into the largest center for exhibitions in the private sector in India.

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2001

The Company rebrands itself as Nesco Limited in light of further diversification and business verticals.

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2013

2013- Launched Nesco IT Park, Tower 03 (6.6 lakh sq. ft. area licensed to marquee mnc clients)

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2016

The beginning of Nesco Foods. Mumbai gains one of the largest and most hygienic food production centers in the non-flight category, serving 50,000 meals per day.

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2017

Nesco Events comes to life, delighting patrons with intellectual properties, exhibitions and private events.

2017

Rangilo Re, started in 2017 has become one of the top Navratri destinations of Mumbai.

2017

Added a premium lounge/bar “Dress Circle” towards the end of the year in Nesco Centre

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2019

Launched Nesco IT Park, Tower 04 (11.20 lakh sq. ft. area licensed to marquee mnc clients)

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2023

Recognition as one of the Top 10 Brands in Real Estate

2023

Bombay Exhibition Centre (BEC) Awarded for Support Extended to Intimasia 2023

2023

Food Connoisseurs India Awards – Best Customer Experience in Food Court

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