# NEC Group plans Rs 200 crore investment over five years

Nitya Electro Controls Group announced plans to invest an aggregate of Rs 200 crore over the next five years at its Greater Noida plant, aiming to generate employment and ensure environmental protection.

- Type: Investment
- Announced: 2020-10-26
- Where: Greater Noida, Uttar Pradesh, India
- Value: $27.0M (2.00B INR)
- Status: announced
- Products: wires, cables
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Nitya Electro Controls Group](https://endata.com/companies/50757.md)

## Sources

- [energetica-india.net](https://energetica-india.net/news/nec-group-commences-production-at-ups-biggest-wires-and-cables-manufacturing-plant), 2020-10-26: "the company is further planning to invest an aggregate of Rs 200 crore for the next five years which will not only generate multiple employment opportunities but also ensure environmental protection through clean and green energy."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.