Founded by the vision and perseverance of Shri Basant Lall Shaw, NECO was originally incorporated as a small-scale Iron Foundry Unit at Nagpur in 1976 which has grown to be a pioneer in the Steel Production Industry with a turnover of more than Rs. 6000 crores.

Since last 50 years NECO has displayed itself as one of the major Steel Producers of India with installed capacity of 1 million TPA with the largest Foundry Group producing 1 lakh 75 thousand TPA of ferrous and non-ferrous castings and an Established player in Industrial valves and Auto components.

Neco defence systems Pvt ltd. is a subsidiary of its flagship Jayaswal Neco Industries Ltd. which has emerged globally as one of the leading providers of defence and homeland security related ammunitions & products to government bodies and authorized private organisations for providing security to people and assets.

Group Companies

Jayaswal NECO Industries Limited

NSSL Limited

NSSL Italia

NECO Defence Systems Pvt Limited

NECO Desertech Defence Pvt Limited