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Nahar Industrial Enterprises (NIEL) was incorporated on September 27, 1983. NIEL is a vertically integrated textile manufacturer with operations ranging from spinning, weaving and processing. The company is also engaged in the sugar manufacturing business. The company has evolved through the amalgamation of various group companies into a single entity. NIEL's strategic objective is to capitalize on the growth opportunities it believes are available in both the domestic and global textile industries. At the same time, the company recognizes the highly competitive nature of the industry, particularly due to pressure from other Asian markets. To sustain growth, it continues to focus on improving production processes and reducing costs.
The company was originally incorporated as Oswal Fats & Oils Limited in 1983. In 1994, its name was changed to Nahar Industrial Enterprises Limited (NIEL). NIEL is a public limited company domiciled in India and governed by the provisions of the Companies Act, 1956. Its shares are listed on the recognized stock exchanges of India, namely the BSE and NSE.
Business area of the company
The company is engaged in the business of Textiles and Sugar in India.
Products
History/ Millstones
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