Nama Nageswara Rao
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Nageswara Rao was born in Balapala Vilage in Warangal Dist. NAMA, unlike many others who make politics a business, wanted to enter politics from business and introduced good principles and ethical practices he has already inculcated in business, into public life through his entry into politics. He has his sole objective of Public Service in mind though he has attained good heights as an industrialist.
Chairman of MADHUCON
Sri N Nageswara Rao, the Chairman of MADHUCON group, is an entrepreneur with a clear vision who established the name of MADHUCON in the Indian and global markets. A man known for his unrelenting passion for quality, has taken the group to new heights as evidenced by the fact that a Rs 2/- share of Madhucon Projects Limited, the flagship company of the group, has gone up more than 100 times and is quoted at Rs 282/- on the premier Bombay Stock Exchange.
He has an uncompromising spirit on principles, an eye for detail--both major and minor. Putting work before self and using his cutting edge Human Resources, placed the group in a commanding position. His leadership qualities endear him to the Madhucon family, demonstrated by the loyalty of the personnel and their work ethos. He can discriminate between the good and the bad easily and is a quick decision maker.
The qualities of compassion, foresight, wisdom, punctuality, single minded concentration on the objectives, instant decision making and evaluation of Strengths, Weaknesses, Opportunities and Threats (SWOT) embedded in him, have taken the group to new heights with a phenomenal growth in the recent years. Mr.Nageswara Rao's untiring efforts in constantly nurturing the organization from scratch made it possible for the company to achieve the recognition of being the fastest growing construction company of the year in 2004. His able guidance, visionary leadership and ambitious plans, we are sure, would take the group to dizzy heights in the near future.
Madhucon group has interests in Construction, Granites Coal and Power Sugars. The Group is based in Hyderabad, India. Promoter-Chairman Sri N Nageswara Rao, a name to reckon with in the field of Civil Engineering Construction, with clear foresight far beyond his years has steered the Company to great heights. His passion for Quality, uncompromising adherence to principles, his interest in cutting-edge engineering technologies and his care for the employees and society earned several awards and recognitions for the Group.
Madhucon Projects Limited (MPL) is a profit making listed Public Limited Company engaged in execution of Infrastructure Projects, such as construction of National Highways, Fly-Overs, Dams, Tunnels, Aquaducts, Bridges, Coal Handling Plants, Workshops Property Development Projects including High Rise structures, Hospitality and retail industry structures etc. & enjoying substantial non-fund based limits in the form of Bank Guarantees with Banks under Multiple Banking arrangements.
Madhucon Granites Ltd(MGL) has an experience of over 16 years in the business of quarrying dimensional granite blocks and production of polished slabs catering to the needs of international markets, the world over. It has earned a name for quality, dependability and competitiveness in the international market for its products with a wide variety of colours and shades. MGL established its first 100% EOU in 1988, in the granite rich region of Khammam District in Andhra Pradesh.
The factory at Khammam processes a wide variety of intricately patterned monuments in various shades of Black, Black Galaxy, Vizag Blue, Paradise,etc. crafted by skilled artisans. MGL has a reputation for excellence in terms of quality of products and timely delivery of shipments, catering to the varied needs of the customers, the world over.
MGL has a very sophisticated Processing Plant spread over 12.5 acres near Hosur on Bangalore - Chennai Highway. The-state-of-the-art facility is an epitome of excellence in design and work flow methods - equipped with Avant-Garde processing know-how from Germany and France.This Plant envisages an annual production of 7,00,000 sq. meters finished slabs of 2-4 Cms thickness and in sizes ranging from 2.60 x 1.20 to 3.40 x 2.10 meters.
Madhucon Granites owns quarries spanning over 2250 acres of land having abundant Granite deposits in the States of Andhra Pradesh, Tamil Nadu, Karnataka, Orissa and Madhya Pradesh in India. The jewel of the crown is the world famous Black Galaxy quarries in Chimakurthy area of Prakasam District of Andhra Pradesh, which alone produces about 1000 CBM of rough blocks every month.
MGL has to its credit an exquisite variety of fine Granite-earthy stones to soft corals and greens. The range displays rare varieties of textural beauty and shades such as - Steel Grey, Absolute Black, Vizag Blue, Ilkal Rose, White Galaxy, Himalayan Blue, Kashmir White, Paradise, Red Multi, Imperial Green, Seaweed Green, Tan Brown, Salem Blue, Madhura Gold, Kashmir Gold, Columbo Jupurana and Lady Dream.
MGL has its presence felt in USA, UK, Japan, Germany, France, Italy, Belgium, Holland, Middle East and Australia. MGL is developing its own distribution network in USA, Middle East, Australia and other countries. MGL has warehouses in Dubai, Australia, Indonesia & USA.
Madhcon acquired a loss-making and sick sugar factory in the co-operative sector at Khammam and turned it to a profit making company. Madhucon Sugars Limited's (MSL) present crushing capacity is 1500 TPD, which is being augmented to 5000 TPD in stages. The sugar factory is adding an Ethanol Distillery also, apart from setting up a 22MW Cogen Plant for producing power, using bagasse as the main fuel.
Madhucon is setting up a coal based Thermal power plant of 50MW at krishnapatnam in Andhra pradesh in two phases. In the first phase, generating capacity of 135MW in will be commissioned and in December 2009 and 135MW in March 2010. Power purchases Agreement (PPA) and coal linkage have been tied up with power Trading Corporation of India. The fuel coal for our power plant is met from our own mines in Indonesia.
PT Madhucon Indonesia
Madhucon has started open cast coal mining in Indonesia on a 100 acres site initially. We expect to mine about 3 lakh tonnes production by December 2007. The coal has higher calorific value and less ash content compared to domestic coal.
Nama Muthiah Memorial Trust
NAMA is moving forward with the sole objective of Social Service and Societal upbringing. His contribution in this sector has received appreciation of the inhabitants of the District. Though he has established himself as an Entrepreneur and Industrialist, people have been especially quite happy about his achievement in Social Service.
• Supplying Drinking water in packets during Jatharas and village festivals.
• Undertaking repairs of dried village tanks and digging borewells by using the machinery of Madhucon Granites.
• Financial assistance to freedom fighters.
• Providing employment to local youth in the group’s Sugar, Granite and Infrastructure Companies.
• Rewards to the meritorious students and financial assistance to the poor Adivasis and Girijan Thandas.
Politics
Nama Nageswara Rao was unanimously elected Telugu Desam Parliamentary Party leader at a meeting held in the presence of party president N. Chandrababu Naidu here on May 21,2009. Nageshwara Rao was elected to the Lok Sabha for the first time with huge majority of 1.24 lakh from Khammam constituency defeating Union Minister Renuka Chowdhary. He is the richest parliament member of 15th Loksabha.
Cycle Rally
Telugu Desam took to cycling as the leadership of Nama Nageshwar Rao embarked on a 650-km long bicycle yatra from the temple town of Bhadrachalam.
They commenced the rally right from the Vista complex near the Bhadrdari temple with only two of the party leaders -- Tummala Nageswara rao and Nama Nageswara Rao pedalling their way to the bridge centre with thousands of partymen accompanying them.
It was the first-ever event in which the party cadre took part enthusiastically in large numbers after a long gap in the district. The leaders in the forefront of the rally were showered flower petals all along the way.
Women activists in large numbers, led by Telugu Mahila State general secretary M. Baby Swarna Kumari, also joined the cycle yatra. Earlier, the TDP leaders had a darshan of Lord Rama in the temple town.