- Business
- Nagpur Power and Industries Limited operates primarily in the manufacturing sector, specializing in metal alloys. The company produces a range of ferro manganese products including high carbon ferro manganese, medium carbon ferro manganese, low carbon ferro manganese, and high carbon silico manganese. Additionally, it manufactures ferro manganese slag. Besides its core metal alloy production, the company has diversified into electronics and electrical products, including energy meters and test and measurement instruments through its subsidiary, The Motwane Manufacturing Company Private Limited. The subsidiary focuses on R&D-driven high technology products serving the power and energy-intensive industries. Nagpur Power and Industries Limited operates mainly in India, with its plant located in Khandelwal Nagar, Maharashtra. Founded in 1946 and headquartered in Nagpur, it is part of the Khandelwal Group of Companies. Recently, the company has undergone significant operational changes through the merger of its subsidiary Telemetrics Equipments Private Limited into Motwane Manufacturing Company Private Limited, effective from April 1, 2022. It has also closed its metal recovery operations related to manganese slag due to the depletion of recoverable waste. The company continues to explore new business opportunities in the electrical sector and aims to monetize and redeploy its assets for better prospects, signaling a strategic shift and expansion beyond traditional metal manufacturing.