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Prestige Precinct, 3rd FloorKedia Group entered the arena of the foundry industry in the year 1964, with the formation of Nitin Castings Ltd., a group company, with centralised facilities located at Thane, an eastern suburb barely 32 kms away from the industrial metro of India, Mumbai.Nitin made rapid strides to achieve full recognition in manufacturing high quality alloy steel castings, comparable very favorably with those which were being imported from various developed countries and gained acknowledgement and acceptance for import substitution in several core sector industries of national importance.
1974 was to be another landmark year in the brief history of Nitin.The company entered into technical collaboration with M/s Schmidt + Clemens of Germany, and imported advanced technology for the manufacturer of reformer tubes and other horizontal centrifugal castings. The technology absorption & update went on till 1989, when the technical collaboration ended making Nitin a fully independent company to expand its horizons.