Mumbai — NITCO Limited, a leading name in premium surface solutions in India, has received an additional Letter of Intent (LoI) worth ₹45 crore from Prestige Estates Projects Limited. This latest order elevates the total value of confirmed and ongoing engagements between the two companies to an impressive ₹261 crore, marking a significant milestone in their long-standing partnership.
The fresh order supplements previous deals valued at ₹216 crore and will be executed over the next 12 months across prominent residential and commercial projects in major cities including Bengaluru, Hyderabad, Kerala, Mumbai, Pune, and NCR.
Commenting on the development, Vivek Talwar, Chairman and Managing Director of NITCO Limited, stated, “The continued trust from Prestige Group reflects the confidence they have in NITCO’s product quality, execution capabilities, and design-led approach. We are proud to be associated with a developer that places a strong emphasis on thoughtful design and uncompromising standards.”
Prestige Group’s continued reliance on NITCO’s offerings highlights the company’s growing influence as a go-to provider for high-end, aesthetically-driven surface solutions that align with premium construction standards.
About NITCO Limited
Founded in 1953, NITCO Limited is one of India’s most reputed manufacturers and retailers of premium tiles, marble, and mosaic products. Headquartered in Mumbai, the company operates state-of-the-art manufacturing facilities in Maharashtra and has a pan-India distribution network. With a strong design philosophy, a focus on innovation, and a commitment to sustainability, NITCO has become synonymous with quality and elegance in the world of surface solutions. Its clientele spans both residential and commercial sectors, including real estate developers, architects, interior designers, and homeowners seeking upscale finishes.
Continued Growth and Industry Impact
The latest development builds on NITCO’s recent wins, including major orders from Hindustan Associates and earlier phases of the Prestige Group collaboration. These successes further highlight NITCO’s expanding footprint in India’s dynamic real estate sector and reinforce its position as a leader in surface solutions.
With a robust order book and enduring partnerships, NITCO remains poised for sustained growth while continuing to set benchmarks in surface design and quality.
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