History of the Nagarjuna Group
Nagarjuna Fertilizers and Chemicals Limited (NFCL) is an Indian company that was founded in 1973. Although it started out with the manufacturing of steel, the company manufactures fertilisers and other agricultural products. The plant nutrition business was started in 1985 with Nagarjuna Fertilisers and Chemicals Ltd. In 2012, the company entered the billion-dollar league in the crop nutrition business.
The company's founder was a visionary who believed that India needed to be self-sufficient in food production. He saw fertilisers as a key input for increasing agricultural productivity. NFCL was one of the first companies in India to start manufacturing fertilisers.
The company has since grown into a leading player in the Indian fertiliser industry. It has a wide range of products, including urea, diammonium phosphate (DAP), and Muriate of Potash (MOP). NFCL also has a number of joint ventures with other companies, such as Tata Chemicals and Indian Farmers Fertiliser Cooperative Limited (IFFCO). In 1995, the Group entered into the energy sector with Nagarjuna Power Corporation Limited.
Sector Presence of the Nagarjuna Group
- Fertilisers and Chemicals - The Nagarjuna Group has a presence in this sector through one its primary companies, i.e. Nagarjuna Fertilisers and Chemicals Ltd.
- Oil Refinery - Nagarjuna Oil Refinery maintains a presence in the India-based oil extraction and refining sector.
- Steel - The Group’s subsidiary, Jaiprakash Engineering and Steel Company Ltd, helps maintain a presence in this sector.
Key Personnel of the Nagarjuna Group
Mr. Kanumuru Rahul Raju, Managing Director
Mr Raju occupies the position of Managing Director at Nagarjuna Fertilizers & Chemicals Ltd. He also sits on the board of 24 other companies. In his past career he has served as the Chief Executive Officer and Director at Bijam Biosciences Pvt Ltd and as Executive Director and Joint Managing Director at Nagarjuna Fertilizer & Chemicals Ltd.
How To Invest in the Nagarjuna Group Stocks?
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