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NR Group Lauded with 'Outstanding Achievement in Multigenerational Legacy' Recognition at the Family Business Summit & Awards 2025

At the Family Business Summit & Awards 2025, NR Group received the highly coveted Excellence in Multigenerational Legacy award. This accolade was granted in recognition of the organization's steadfast values and progressive leadership spanning multiple generations. Based in Mysuru, NR Group, a...

NR Group Recipient of 'Outstanding Achievement in Multi-Generational Legacy' Award at the 2025...
NR Group Recipient of 'Outstanding Achievement in Multi-Generational Legacy' Award at the 2025 Family Business Summit & Awards

NR Group Lauded with 'Outstanding Achievement in Multigenerational Legacy' Recognition at the Family Business Summit & Awards 2025

In the heart of Mysuru, India, the NR Group, a diversified business conglomerate, continues to thrive, rooted in strong family values and a deep commitment to nation-building. Founded in 1948 as an incense stick manufacturer, N. Ranga Rao & Sons, the flagship company of NR Group, has grown over the decades to become a dominant player in the Indian incense industry, with its iconic brand, Cycle Pure Agarbathi, being widely recognized.

The group's journey of growth and transformation did not stop at fragrances. Over the years, it expanded into sectors including Fast-Moving Consumer Goods (FMCG), aerospace, and defence. One of its most notable ventures is Rangsons Aerospace, a diversified business conglomerate operating across multiple sectors, including Defence and Aerospace, Education, Infrastructure, Agriculture, and Healthcare.

Rangsons Aerospace, under the leadership of CEO Mr. Pavan Ranga, is dedicated to leveraging technology to develop innovative solutions that address the critical challenges of a developing economy. The company serves a wide range of clients, both domestically and internationally, and collaborates with prestigious organizations such as ISRO, Boeing, and various branches of the Indian Defence and Aerospace sector.

In recognition of its enduring values and visionary leadership across generations, NR Group was honoured with the Excellence in Multigenerational Legacy award at the Family Business Summit & Awards 2025. Mr. Pavan Ranga, the CEO & MD of Rangsons Aerospace, accepted the award on behalf of NR Group, celebrating the Ranga Rao family's 77-year legacy.

While specific details about NR Group's growth and achievements over its 77-year legacy are not widely available, it is known that the conglomerate has made significant contributions to India's steel and infrastructure sectors through supply chain development and technological advancements. From its early days in steel trading to its current status as a significant player in alloy steel production, mining operations, and infrastructure development, NR Group's journey is a testament to its resilience and commitment to innovation.

For a more comprehensive understanding of NR Group's timeline, key milestones, and significant contributions, it is recommended to consult NR Group’s official publications or their corporate website.

  1. The NR Group, rooted in family values and nation-building, has expanded from incense manufacturing to sectors like Fast-Moving Consumer Goods (FMCG), aerospace, and defense, with Rangsons Aerospace leading the charge.
  2. Rangsons Aerospace, under the leadership of CEO Mr. Pavan Ranga, leverages technology to develop innovative solutions for a developing economy, catering to both domestic and international clients, and collaborating with organizations such as ISRO, Boeing, and various branches of the Indian Defence and Aerospace sector.
  3. In 2025, at the Family Business Summit & Awards, NR Group was honored with the Excellence in Multigenerational Legacy award, recognizing its enduring values and visionary leadership across generations.
  4. Beyond fragrances, NR Group has made significant contributions to India's economy through its involvement in the steel and infrastructure sectors, advancing technology and supply chain development.
  5. From its beginnings in steel trading to alloy steel production, mining operations, and infrastructure development, NR Group's resilience and commitment to innovation have positioned it as a significant player in various industries.
  6. For a detailed account of NR Group's timeline, key milestones, and contributions, it is suggested to refer to NR Group’s official publications or their corporate website.

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