The Incense Industry in India is predominantly a Cottage Industry and the total size of this industry in India is estimated at Rs 1200 crores and employs around 12 lakh people
Taking this industry to a corporate level is NR Group, a Business Conglomerate headquartered in the heart of the quiet, cultural town of Mysore
The Group was founded in 1948 by the Late Shri N Ranga Rao and started as a manufacturer of quality incense sticks (Agarbathies) in India under the Brand name CYCLE. Today, with a 20% share in the organized segment, the Group has diversified into different lines of Business and is a name to reckon with in all the categories they are present in which are:
oIncense sticks : CYCLE Brand
o Perfumes : RIPPLE Fragrances that Makes DNA Brand of Perfumes and Deodorants
oFloral Extracts : Natural and Essential Oils Pvt Ltd (NESSO) that makes floral and herbal extracts for Perfumes and Neutraceuticals
o Electronics : Rangsons Electronics into Electronics Manufacturing Outsourcing
Back in 1948, when NR group was found and conceptualized, Mr. N.Ranga Rao, owing to his enterprising nature and keen foresight, called this range of incense sticks CYCLE , As Cycle was one of the few words that connoted a value for money offering in any language spoken in India
From that date until now, there has been no looking back for the NR Group. Today, the Group is professionally managed by the third generation of the Ranga Rao family. Mr Arjun Ranga , Managing Partner of N.Ranga Rao & Sons, Mr. Pavan Ranga, CEO of Rangsons Electronics and Mr. Kiran Ranga, CEO of RIPPLE, all of whom are equipped with International degrees in Management in the best of Universities from US like Harvard, and returned to take over the reins of the Legacy their Grandfather created
Under the aegis of the young Entrepreneurs, the Company has grown to great heights, some of the highlights being:
oFirst to adopt FMCG Channel of distribution
oExports to more than 40 countries across Asia, Europe, Africa, Latin America, Middle East, Far East and North America
oHas a library of 500 fragrances, every single one of them created and blended in-house
oRangsons Electronics has seen a CAGR of almost 55% over the last 5 years
oNESSO is the largest producer of tuberose and Jasmine extracts in the world that is used in many world famous perfumes
The group is also very passionate about several Social Initiatives which they run through their arm The NR Foundation under which they run a residential school for visually challenged girls and several other initiatives in the field of health and education. Some of the Educational Institutions run by the group include :
1. Ranga Rao Memorial School for the Disabled
2. Ranga Gnana Vinimaya Kendra
3. Project Prerepana
This is just the tip of the Iceberg for NR Group. The company, under the enterprising leadership of the younger generation is moving towards being a well known Business Family and not just a Family Business
Taking this industry to a corporate level is NR Group, a Business Conglomerate headquartered in the heart of the quiet, cultural town of Mysore
The Group was founded in 1948 by the Late Shri N Ranga Rao and started as a manufacturer of quality incense sticks (Agarbathies) in India under the Brand name CYCLE. Today, with a 20% share in the organized segment, the Group has diversified into different lines of Business and is a name to reckon with in all the categories they are present in which are:
oIncense sticks : CYCLE Brand
o Perfumes : RIPPLE Fragrances that Makes DNA Brand of Perfumes and Deodorants
oFloral Extracts : Natural and Essential Oils Pvt Ltd (NESSO) that makes floral and herbal extracts for Perfumes and Neutraceuticals
o Electronics : Rangsons Electronics into Electronics Manufacturing Outsourcing
Back in 1948, when NR group was found and conceptualized, Mr. N.Ranga Rao, owing to his enterprising nature and keen foresight, called this range of incense sticks CYCLE , As Cycle was one of the few words that connoted a value for money offering in any language spoken in India
From that date until now, there has been no looking back for the NR Group. Today, the Group is professionally managed by the third generation of the Ranga Rao family. Mr Arjun Ranga , Managing Partner of N.Ranga Rao & Sons, Mr. Pavan Ranga, CEO of Rangsons Electronics and Mr. Kiran Ranga, CEO of RIPPLE, all of whom are equipped with International degrees in Management in the best of Universities from US like Harvard, and returned to take over the reins of the Legacy their Grandfather created
Under the aegis of the young Entrepreneurs, the Company has grown to great heights, some of the highlights being:
oFirst to adopt FMCG Channel of distribution
oExports to more than 40 countries across Asia, Europe, Africa, Latin America, Middle East, Far East and North America
oHas a library of 500 fragrances, every single one of them created and blended in-house
oRangsons Electronics has seen a CAGR of almost 55% over the last 5 years
oNESSO is the largest producer of tuberose and Jasmine extracts in the world that is used in many world famous perfumes
The group is also very passionate about several Social Initiatives which they run through their arm The NR Foundation under which they run a residential school for visually challenged girls and several other initiatives in the field of health and education. Some of the Educational Institutions run by the group include :
1. Ranga Rao Memorial School for the Disabled
2. Ranga Gnana Vinimaya Kendra
3. Project Prerepana
This is just the tip of the Iceberg for NR Group. The company, under the enterprising leadership of the younger generation is moving towards being a well known Business Family and not just a Family Business
| Company Name | N RANGARAO AND SONS |
|---|---|
| Business Type | Manufacturer, Buying Office, Distributor/Wholesaler |
| Main Products | agarbathi, incense sticks, incense, joss sticks, natural incense, masala incense, fragrant sticks, candles, reed diffusers |
| Total No. Employees | Above 1000 People |
| Legal Owner | Arjun RangaMurthy |
| Company Certification | ISO 9001:2000 |
| Year Established | 1947 |
| Contract Manufacturing | OEM Service Offered Design Service Offered Buyer Label Offered |
| Total Annual Sales Volume | US$50 Million - US$100 Million |
| Export Percentage | 31% - 40% |
| City | mysore |
| Province/State | karnataka |
| Country/Region | India |
| Company Website | http://nrrexports.com |
| Contact Person | Mr. Rajesh Kallianpur |
| Telephone | 9************4 View all, please login |
| Fax | 91 |
| Street Address | No.18 "Sri Ranga" industrial suburb |
| Zip Code | 570023 |
| sell123 URL | http://www.sell123.org/company/India/862578.htm |
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