NR Group

Last updated
NR Group
Founded1948 in Mysore, Mysore State, India [1]
FounderN. Ranga Rao
Area served
 Asia
Europe
Africa
Middle East
Far East
Key people
Arjun Murthy Ranga (MD & CEO) [2]
Products Incense, Prayer materials
Website https://www.nesso.com/nr-group/

NR Group is an Indian business group which comprises six companies in various businesses such as essential oils, fragrances, incense, and electronics. It is based in Mysore, and was established in 1948 by N. Ranga Rao as Mysore Products and General Trading Company, which later became N. Ranga Rao & Sons.

Contents

Ranga Rao & Sons, started in 1948, is a manufacturer of incense and fragrances. It has a portfolio of over 500 fragrances, all of which are created and blended in-house. [3] Cycle is the main incense brand.

N. Ranga Rao & Sons Exports is the exports division of the NR Group of companies, handling all the outsourcing of their products to over 50 countries. NESSO – Natural & Essential Oils Pvt. Ltd., is a manufacturer and marketer of essential oils and floral extracts. Established in 1979, the manufacturing facility is CGM compliant and has a Kosher Certification. The company comprises seven extraction facilities in South India and 24000 ha of tea plantation. Rangsons Marketing Services Pvt Ltd. is the marketing section of NR Group. Established in 1983, the company markets Cycle Pure Agarbathies and develops the Fragrance Domain products of NR Group. Ripple Fragrances Pvt. Ltd., established in 2005, is a manufacturer and marketer of personal and air care[ clarification needed ] lifestyle products of signature brands IRIS and Lia.

History

Established in 1948, [4] [3] [5] and essential oils. [4] [6] Cycle brand incense is exported to over 65 countries. [1]

Initially a family enterprise, [7] the group's companies now have independent corporate setups, and are currently managed by the third generation of the family, overseeing operations as CEOs.

Incense

The incense division, N. Ranga Rao & Sons Pvt. Ltd., has a number of brands including Cycle, Flute, Manmohak, and Clove. The exports division exports incense and related products to more than 50 countries in Asia, Africa, Europe, Latin America, the Middle East, Far East and North America. It is headed by Arjun Ranga. The Cycle brand, Cycle Pure Agarbathies, was established in 1948, initially distributing only to domestic market. The fragrances are blended in house [3]

Cycle Agarbathies [8] is the flagship brand under NR Group, [9] based in India, and a manufacturer of incense and prayer materials.

As of 2016, Cycle held a 15% share in the incense industry in India, estimated to be worth Rs. 1500 crore overall. [8] The brand advertises through sponsorship deals of various cricket tournaments in India and elsewhere, including the Indian Premier League and Caribbean Premier League. Currently the brand ambassador are Amitabh Bachchan, Ramesh Aravind, Saurav Ganguly. [10]

Other divisions

Ripple Fragrances Pvt. Ltd. is the spatial fragrance division of the NR Group, manufacturing Functional & Aircare Lifestyle Products. Established in 2005. It is headed by Kiran Ranga. [11]

Rangsons Marketing Services Pvt Ltd., established in 1993, is the marketing arm of NR Group.[ citation needed ]

NR Foundation is the Corporate Social Responsibility arm.[ citation needed ]

Natural & Essential Oils Pvt. Ltd (NESSO), established in 1979, is the division that manufactures essential oils and floral extracts. [12]

Related Research Articles

<span class="mw-page-title-main">Incense</span> Material that releases fragrant smoke when burnt

Incense is an aromatic biotic material that releases fragrant smoke when burnt. The term is used for either the material or the aroma. Incense is used for aesthetic reasons, religious worship, aromatherapy, meditation, and ceremonial reasons. It may also be used as a simple deodorant or insect repellent.

<span class="mw-page-title-main">Dalda</span> Vegetable ghee popular in South Asia

Dalda is a vegetable oil brand popular in South Asia.

<span class="mw-page-title-main">Nag champa</span> Fragrance from India

Nag champa is a natural fragrance of Indian origin. It is made from a combination of sandalwood and either champak or frangipani. When frangipani is used, the fragrance is usually referred to simply as champa.

Hero Cycles Limited, based in Ludhiana, Punjab, is an Indian company that manufactures bicycles and bicycle related products. Pankaj M Munjal is the chairman and managing director of Hero Cycles.

The automotive industry in India is the world's fourth-largest by production and valuation as per 2022 statistics. As of 2023, India is the 3rd largest automobile market in the world in terms of sales.

<span class="mw-page-title-main">Campa Cola</span> Soft drink brand in India

Campa Cola is a soft drink brand in India. It was a market leader in the Indian soft drink market in the 1970s and 1980s in most regions of India until the advent of the foreign players Pepsi and Coca-Cola after the liberalisation policy of the P. V. Narasimha Rao government in 1991.

<span class="mw-page-title-main">Incense in India</span>

India is the world's main incense producing country, and is also a major exporter to other countries. In India, incense sticks are called Agarbatti (Agar: from Dravidian probably Tamil அகில், அகிர், Sanskrit varti, meaning "stick". An older term "Dhūpavarti" is more commonly used in ancient and medieval texts which encompasses various types of stick incense recipes. Incense is part of the cottage industry in India and important part of many religions in the region since ancient times. The method of incense making with a bamboo stick as a core originated in India at the end of the 19th century, largely replacing the rolled, extruded or shaped method which is still used in India for dhoop.

<span class="mw-page-title-main">Tractors in India</span> Overview of Indian tractor industry

Tractors in India are a major industry and significant contributor to its agriculture output gains.

<span class="mw-page-title-main">Escorts Kubota Limited</span> Indian multinational automotive engineering and manufacturing conglomerate

Escorts Kubota Limited, formerly Escorts Limited, is an Indian multinational conglomerate that operates in the sectors of agricultural machinery, construction machinery, material handling, and railway equipment. Its headquarters are located in Faridabad, Haryana. The company was launched in 1944 and has marketing operations in more than 40 countries. Escorts manufactures tractors, automotive components, railway equipment, and construction and material handling equipment.

<span class="mw-page-title-main">Škoda Auto Volkswagen India</span> Indian subsidiary of Volkswagen

Škoda Auto Volkswagen India Private Limited is the wholly owned Indian subsidiary of German automotive manufacturing company Volkswagen Group, formed in 2001.

<span class="mw-page-title-main">Kansai Nerolac Paints</span> Paint company in India

Kansai Nerolac Paints Limited is the largest industrial paint and third largest decorative paint company of India based in Mumbai. It is a subsidiary of Kansai Paint of Japan. As of 2015, it has the third largest market share with 15.4% in the Indian paint industry. It is engaged in the industrial, automotive and powder coating business. It develops and supplies paint systems used on the finishing lines of electrical components, cycle, material handling equipment, bus bodies, containers and furniture industries.

Cyient is an Indian multinational technology company that is focused on engineering, manufacturing, data analytics, networks and operations. It was established in 1991 in Hyderabad as Infotech Enterprises Ltd. Infotech Enterprises was re-branded as Cyient in 2014.

<span class="mw-page-title-main">Tube Investments of India Limited</span> Indian manufacturing company

Tube Investments of India Limited is an Indian engineering and manufacturing company that specializes in bicycles, metal formed products, and chains. It is based in Chennai and a part of Murugappa Group. It was incorporated as TI Cycles of India Limited in 1949, as a joint venture company.

The Anthea Group is a private group of companies engaged in the manufacture and export of a range of speciality chemicals based in Mumbai, India. The Group is a major producer of Fragrance & Flavor chemicals, catering to key F&F multinationals. It markets its goods in North and South America, Europe and the Asia-Pacific region. Additionally, the Anthea Group produces speciality chemicals which are used in a range of applications such as pharmaceuticals, flame retardant polymers and agrochemicals.

Panasonic Life Solutions India Pvt. Ltd. is an Indian electrical equipment company. It is the largest manufacturer of modular and non-modular electrical switches in India. Aside from switches, it also manufactures low voltage switchgear, wires and cables, light and fans among other things.

<span class="mw-page-title-main">Arvind (company)</span> Indian textile company

Arvind Limited is an Indian textile manufacturer and the flagship company of the Lalbhai Group. Its headquarters are in Naroda, Ahmedabad, Gujarat, India, and it has units at Santej. The company manufactures cotton shirting, denim, knits and bottomweight (khaki) fabrics. It had also recently ventured into technical textiles with its Advanced Materials Division in 2011. The company is India's largest denim manufacturer.

Camlin Fine Sciences Ltd., formerly known as Camlin Fine Chemicals, is an Indian corporation that manufactures chemicals to improve the shelf life of food and other products, aromatic compounds, and performance chemicals. CFS has emerged as the largest producer of food antioxidants such as tert-Butylhydroquinone (TBHQ) and Butylated hydroxyanisole (BHA). It is also one of the world's leading Vanillin producers.

Kanan Devan Hills Plantations Company Private Limited, abbreviated as KDHP, is a privately owned Indian consumer goods and tea plantation company headquartered in Idukki district, Kerala. The company was formed in 2005 post the exit of Tata Tea from its plantations in Munnar. Tata Tea Ltd restructured and transferred its holdings to the Kanan Devan Hills village under participatory management.

<span class="mw-page-title-main">Adil Qadri</span>

Adil Qadri is an entrepreneur known for his contributions to the fragrance and personal care industry. He is the founder and chief executive officer of Adilqadri.com, a brand that specializes in luxury perfumes and non alcoholic perfume oils, with a focus on quality and authenticity. He appeared in the business reality TV show Shark Tank India, where he pitched his business and secured investment, helping his company expand into new market.

References

  1. 1 2 "Our Story". NRRS. Retrieved 3 September 2021.
  2. ↑ "Board of Directors". NRRS. Retrieved 3 September 2021.
  3. 1 2 3 Menon, Roshni (19 September 2008). "NR Group eyes Rs 1K cr revenues in 5 yrs". Moneycontrol. Archived from the original on 30 May 2016. Retrieved 3 September 2021.
  4. 1 2 "NR Group spreading fragrance worldwide". The Economic Times.
  5. ↑ "Karnataka's software exports touch Rs 85,000 cr". 19 October 2011.
  6. ↑ "NESSO". Agriculture and Industry Survey. 1 August 2007. Archived from the original on 4 April 2012. Retrieved 3 September 2021.
  7. ↑ "Indian business houses facing a churning in the family system". The Economic Times. Archived from the original on June 3, 2012.
  8. 1 2 "Cycle the leader in domestic incense market | Latest News & Updates at Daily News & Analysis". Dnaindia.com. 2012-05-28. Retrieved 2015-12-15.
  9. ↑ "Cycle Pure Agarbathies | Indian Incense sticks, Incense Products India, Incense sticks Suppliers and Exporters". Cyclepure. 2013-01-24. Retrieved 2015-12-15.
  10. ↑ Virendra Pandit (2015-07-22). "Big B to be brand ambassador of Cycle Pure Agarbathies | Business Line". Thehindubusinessline.com. Retrieved 2015-12-15.
  11. ↑ Roy, Shobha (2020-01-04). "Ripple Fragrances out to catch a scent of new markets, expand product offerings". Business Line . Retrieved 2022-04-18.
  12. ↑ Kumar, Nandini (2014-08-10). "A new kind of cycle". Bangalore Mirror. Retrieved 2022-04-18.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.