N R Agarwal Industries Limited is an India-based company, which is engaged in the manufacture of paper, paper boards and newsprint. The Company is also involved in duplex boards, and writing and printing business. It is engaged in the development and manufacturing of finished paper products by recycling of waste paper, and marketing in domestic and international markets. Its products include duplex boards, which include Grey Back Unit I, Grey Back Unit IV, White Back Unit I, White Back Unit III; writing and printing papers, which include NR Excel Specification Sheet (SS), NR Excel NSS, NR Maxima SS, NR Maxima NSS and NR Classic NSS, and newsprint, which includes NR Hi-Speed News Print. In addition, the Company owns a cogeneration power plant to produce power, as well as steam in all units of board, news print, and writing and printing paper required for pulp and paper process. It has approximately five manufacturing plants located at Valsad, Gujarat.