NITCO Limited, a prominent name in the Indian tiles, marble, and mosaic industry, has secured a significant order from Prestige Estates Projects Limited, a leading player in the real estate sector. The order, valued at ₹105.40 crore, covers the supply of tiles, marble, and mosaic products for various ongoing and upcoming projects. This partnership highlights NITCO’s ability to cater to large-scale construction needs with its high-quality products.
The order is part of NITCO’s ongoing collaboration with Prestige Estates Projects, with additional orders expected. Based on current and upcoming projects, NITCO anticipates receiving further purchase orders worth ₹104 crore by March 2025. This continued business from a well-established real estate company positions NITCO to further expand its footprint in the Indian construction sector.
The order will be executed over an estimated period of six months, reflecting the timely delivery expectations in large-scale real estate projects. NITCO has stated that the order is fully domestic, and there are no related party transactions involved, ensuring transparency in the deal.
This new order from Prestige Estates Projects adds to NITCO’s growing portfolio and underscores its strong position as a trusted supplier in the Indian building materials market. With this partnership, NITCO continues to strengthen its role in the rapidly expanding construction and real estate sectors.
