Nesco Limited (Nesco) operates exhibition center and IT park. Nesco engages in multiple sectors, primarily through real estate development, exhibition and event management, engineering goods and services, and hospitality sectors.
Business Segments
Nesco operates across four primary business segments.
Realty - IT Park
This segment, IT Park is primarily focused on building modern office spaces tailored for the IT and business services sector. Through meticulous planning and development, the co...
Nesco Limited (Nesco) operates exhibition center and IT park. Nesco engages in multiple sectors, primarily through real estate development, exhibition and event management, engineering goods and services, and hospitality sectors.
Business Segments
Nesco operates across four primary business segments.
Realty - IT Park
This segment, IT Park is primarily focused on building modern office spaces tailored for the IT and business services sector. Through meticulous planning and development, the company offers environments conducive to innovation and productivity.
Exhibition and Events - Bombay Exhibition Center
This segment, Nesco’s exhibition services are anchored at the Bombay Exhibition Center, capable of hosting a wide variety of large-scale events. The company not only provides venue space but also integrates planning, logistics, and management services, which enhances the overall experience for organizers and attendees alike.
Engineering Goods and Services – Indabrator
This segment, under the Indabrator brand, Nesco manufactures specialized machinery and equipment necessary for surface preparation. It caters to various industries such as metal and electronics manufacturing, ensuring high standards of quality.
Hospitality and MICE - Nesco Foods
This segment, Nesco Foods caters to the culinary demands of exhibitions and events hosted at its venues. This segment encompasses various services including kitchens, food courts, and catering solutions, ensuring that all culinary needs are met for clients. Through competitive offerings and a focus on quality food service, the company has established itself as a trusted name in the hospitality sector.
Business Strategy
The company’s business strategy is multifaceted, focusing on innovation, sustainability, and market adaptability to maintain its competitive edge. Innovation remains a cornerstone of the company's strategy across all business segments. The company actively seeks to incorporate cutting-edge technologies across.
Another critical aspect of the company’s strategy is enhancing customer experience. By focusing on offerings tailored to customer needs, the company effectively builds long-term relationships with its clientele. Market diversification is also a key component of the company’s strategy. By strategically entering new markets and strengthening its foothold in existing ones, the company positions itself to leverage emerging opportunities.
Lastly, strategic partnerships and affiliations with industry organizations help enhance the company’s market presence and reputation.
Products and Services
Nesco offers an array of products and services across its four primary business segments.
Realty - IT Park: The primary product in this segment is the provision of office buildings tailored for IT and business services, ensuring that clients have access to workspaces designed for functionality and modernity.
Exhibition and Events - BEC: The business provides extensive venue offerings, including exhibition halls specifically designed for trade fairs, conferences, and conventions. This segment also encompasses event management services.
Engineering Goods and Services - Indabrator: The machinery produced under the Indabrator brand includes specialized equipment for surface preparation. This includes a variety of capital goods that cater to industries requiring precision in manufacturing processes.
Hospitality and MICE - Nesco Foods: This segment offers diverse culinary products, emphasizing quality and service in mass catering, food courts, and kitchens. It is designed to cater to the gastronomic needs of clients during large-scale events, ensuring consistent quality and satisfaction.
Geographical Markets Served
Nesco primarily serves markets in India and has developed a reputation for excellence within the Mumbai region. Its facilities and services are designed to cater to a broad clientele that includes both domestic businesses and international companies seeking a foothold in India. While the company operates predominantly out of its Goregaon, Mumbai premises.
Seasonality
Nesco's business operations exhibit a degree of seasonality largely tied to the exhibition and event management segment. The real estate segment also shows some cyclical trends, influenced by economic conditions and market demand for office spaces. The hospitality arm operates with variable demand based on the seasonality of events held at the Bombay Exhibition Center.
The company actively plans around these seasonal trends to optimize revenue generation and resource allocation throughout the financial year, ensuring a balanced operational approach.
Customers
Nesco serves a diverse customer base drawn from varied industries and sectors. Individual customers often include corporations looking for office spaces, exhibitors and organizers of trade fairs and conferences, as well as numerous attendees and participants at events hosted at the Bombay Exhibition Center.
In the real estate sector, clients often encompass businesses from technology, finance, and services industries looking for modern IT solutions, thus constituting the core customer category for this segment.
The exhibition and events sector draws clients from multiple industries, including automotive, technology, and consumer goods, which underscores the importance of varied clientele.
Patents
In terms of patents, the information specifies the use of innovative technologies in developing machinery under the Indabrator brand.
Sales and Marketing
Nesco employs a multi-faceted approach to sales and marketing, providing it with access to a broad base of potential clients. The marketing strategy includes targeted campaigns aimed at specific sectors such as IT, engineering, and hospitality, tailored to reach key decision-makers in those industries.
The company utilizes various channels for distribution, including direct sales through its in-house teams and collaborations with industry partners for events and exhibitions. Digital marketing approaches, including social media campaigns and content marketing, help broaden its reach and attract new customers. Furthermore, industry relations fostered through participation in trade bodies enhance visibility within industry circles.
Government Regulations
The company adheres to the frameworks established under laws, such as the Water (Prevention and Control of Pollution) Act, the Air (Prevention and Control of Pollution) Act, and the Environment Protection Act.
History
Nesco Limited, formerly known as New Standard Engineering Co. Ltd was founded in 1939. The company was incorporated in 1946.