On its 65th anniversary, Kolkata-based engineering and manufacturing company Nipha Group announced an investment of ₹180 crore to enhance its India operations over the next two years. As part of its growth strategy, the company revealed plans to acquire a US-based firm, strengthening its presence in its largest market and aligning with the “China Plus One” strategy.
“We remain dedicated to the region, with two greenfield projects in Dankuni and Chandannagar, West Bengal, and a brownfield expansion in Falta, which will create significant employment opportunities,” said Chairman M.C. Shah. He added that discussions for the US acquisition are in progress.
The Nipha Group, which exports to more than 30 countries, employs over 2,000 people and operates seven units in the region. After investing ₹90 crore in FY 2023-24, the company has earmarked ₹180 crore for FY 2025 and 2026.
To mark the occasion, the company launched a biography titled Grihasth Rishi, celebrating the legacy of its Chairman Emeritus, the late G.D. Shah. The anniversary event also featured a Sarod recital by Ustad Amjad Ali Khan.
Nipha Group is a Kolkata-based engineering and manufacturing conglomerate with a legacy spanning over six decades. Renowned for its precision engineering and innovative solutions, the group caters to diverse industries, including agriculture, railways, and heavy machinery, exporting products to more than 30 countries.
With a strong presence in India, Nipha operates multiple units across West Bengal, employing over 2,000 people. The company is committed to growth and sustainability, as reflected in its ongoing greenfield and brownfield projects and a strategic focus on global markets, including plans to expand into the United States. Guided by a vision of excellence and rooted in its rich heritage, Nipha Group continues to contribute to India’s industrial development while reinforcing its position as a global leader.
