Jayaswal NECO Industries Ltd. has 2,604 employees, according to Revelio Labs workforce intelligence data. The YoY growth rate is 3.5%.
Data source: Revelio Labs Coverage: Global workforce Latest update: September 2025
Jayaswal Neco Industries Limited (JNIL), the flagship company of the NECO group in India, is the largest producer of Iron and Steel Castings, Pipes and Fittings. Originally incorporated as a small scale Iron Foundry Unit at Nagpur in 1976, it has grown to be a pioneer in the Steel Production Industry. Founded in 1976 by Shri Basant Lall Shaw Ji, Jayaswal Neco Industries Ltd. is a leader in the manufacturing of a comprehensive variety of iron & specialist steel. At the age of 16, Mr. Shaw dreamt of a self-reliant India in the steel industry, therefore he used his depth of knowledge in the industry to innovate and deliver world class-quality products by adopting the latest technologies from time to time. In no time, JNIL expanded to multiple businesses including NSSL Private Limited, Neco Heavy Engineering and Casting Limited and Neco Defence System Limited. NECO established a 1,000,000 MTPA Integrated Steel Plant at Sitara Growth Centre, Raipur, in 1996, located on 1600 acres of land in the reputed Steel belt of the country. It is Number One in India for making Alloys Steel. Each business is committed to achieving absolute excellence and currently is the leader in its precise industry. We are a proud partner of the multiple projects that enabled us to contribute in strengthening the future of the nation like airports, defence sector and AIIMS hospitals to name a few. Over the last few years, we have undertaken initiatives towards ensuring a sustainable world with our in-house CSR policies. Our leaders are believers in conscious business as we aim to achieve financial success along with a sustainable future. Today, multiple distinguished businesses are a part of JNIL's legacy.
As of September 2025
Jayaswal NECO Industries
workforce metrics
Headcount
2.6k
Avg. Salary
$7.7k
Tenure
5.1yr
Growth Rate
3.5%
Hiring Rate
Attrition Rate
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Interactive chart of Jayaswal NECO Industries annual worldwide employee count from 2023 to 2025.
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