Deals18 Dec 2024, 10:12 pm
NITCO Secures Rs. 105 Crores Order from Prestige Group
AI Summary
NITCO Ltd., a legacy brand in tiles, marble, and mosaics, has secured orders of Rs 105 crore from the real estate firm Prestige Group. This order, which is expected to increase to about Rs 210 crore, reinforces NITCO's reputation as a trusted partner for high-quality tiles and marble. The company will supply tiles and marble to Prestige Group’s several real estate projects across various cities in the country. NITCO and Prestige have a 40-year-old relationship, with the Prestige Group exclusively buying its requirements from NITCO.
Key Highlights
- NITCO secures Rs. 105 crores order from Prestige Group
- Order expected to increase to about Rs. 210 crores based on Prestige's ongoing projects
- NITCO to supply tiles and marble to Prestige Group’s several real estate projects
- 40-year-old relationship between NITCO and Prestige
- Prestige exclusively buys its requirements from NITCO