Mumbai, October 13, 2026.
Nuvoco Vistas Corp. Ltd. (“Nuvoco”), India’s
trusted building materials Company, is commemorating a remarkable decade of
transformation, growth and institution-building, a journey defined by bold
choices, enduring conviction and above all its people.
Marking a decade of growth, Nuvoco is celebrating
under the theme 'Dus Saal Bemisaal', a tribute to the milestones that shaped its mission
of becoming a trusted building materials company creating value for its
stakeholders. Each step of this journey has brought Nuvoco closer to its vision
of Building a Safer, Smarter, and Sustainable world.
The roots of this journey go back to 2014,
when Nirma Group, its parent organisation, commenced operations with its
greenfield cement plant at Nimbol, Rajasthan with a capacity of 2 MMTPA. What
began as a single manufacturing operation evolved over the years into a
diversified building materials organisation spanning Cement, Ready-Mix
Concrete, and Modern Building Materials businesses.
A defining inflection
point came in October2016, with the completion of the acquisition of Lafarge
India. The milestone
significantly expanded the Organisation’s scale and laid the foundation for the
Nuvoco of today. More importantly, it marked the beginning of a larger ambition
to build an institution for the long term, guided by purpose, performance and
the confidence to continually move forward.
This ambition found its own identity with the
emergence of Nuvoco Vistas Corporation Limited. It marked the creation of an Organisation
with its own aspirations and purpose, and the beginning of a brand that
employees, customers, and partners could increasingly call their own.
Furthermore, in 2020, even amid global uncertainty of COVID-19, Nuvoco acquired
Emami Cement (now NU Vista Limited), reflecting its long-term confidence in
India's building materials sector and its willingness to invest through
challenging times. In 2021, Nuvoco became a publicly listed company, opening
the Organisation to a wider set of stakeholders and ushering in a new phase of
growth.
The ambition continues even today. In April 2025,
Nuvoco added Vadraj Cement in its portfolio, representing another milestone in its
growth story, strengthening its presence in western India and underscoring the
Company’s continued willingness to invest for the long term.
The journey has never been just about becoming
bigger; it has been about becoming better, advancing innovation and operational
excellence, building talent and deeper customer relationships, and growing
responsibly and sustainably to create enduring value for every stakeholder.
Today, the Company
has 27 MMTPA of operating cement capacity and 14 manufacturing units (including
Kutch and Sachana facilities in Gujarat in the advanced stage of completion).
The Company also has 58 ready-mix concrete plants across India and a wide
portfolio of products and solutions under its Modern Building Materials
business. The Company is poised to reach
35 MMTPA of cement capacity by FY 2027–28, representing approximately 15x
growth over the past decade.
Reflecting on the milestone, Shri. Hiren Patel, Chairman, Nuvoco Vistas
Corp. Ltd., said, “As
we celebrate ‘Dus Saal Bemisaal’, we look back with immense pride and gratitude
at a decade shaped by courageous decisions, long-term conviction and the
collective strength of our people. From our beginnings at Nimbol to the
organisation we are today, every milestone has added a new chapter to Nuvoco’s
journey and strengthened our belief in building for the long term.”
He further added, “As we step into the next decade, our
ambition is to build on this strong foundation and create an institution that
is innovative, sustainable, high-performing and an Organisation where people are
proud to contribute, grow and build meaningful careers. Dus Saal Bemisaalcelebrates
how far we have come and reminds us how much more we can achieve together. The
legacy of Nuvoco belongs to all of us, and I believe our most exciting chapters
are still ahead.”