
Mr. M. Narayana Rao
Independent and Non-Executive DirectorProfile:
Mr. M. Narayana Rao graduated in Mechanical Engineering in the year 1977 and joined in joined Nuclear Fuel Complex, Hyderabad. Mr. Rao has made contributions in the manufacturing science & engineering of strategic material components like sheets, rods and precision tubes in zirconium alloys, titanium alloys, copper alloys, silver alloys and stainless steels for all core structurals from concept to core (i.e. Concept - basic design, mock-up, pilot-scale and production/manufacture and assembly) for the nuclear power reactors in India.
Mr. Rao has taken up assignment of Chairman & Managing Director of Mishra Dhatu Nigam Limited (MIDHANI), Hyderabad from 2006 to 2015, one of the advanced metallurgical plants of India under Ministry of Defence. He has turn around the company and increased the Sales and reserves by four folds. The Company has been conferred “Mini-Ratna” status by the Government of India. He had indigenously developed large numbers of import substitute special alloys, commercialized the production at affordable price and met the strategic requirements of Nuclear , Space , Defence and Power sectors. Shri Rao, at national level, lead the development of specialised alloys and building of High-Tech equipment like Vacuum Arc Melting(VAR) and Electro Slag Refining equipment (ESR) for the first time in the country due to the embargo and close guarded technologies. High temperature alloys such as Superni 617, Superni 740, Superfer 800L were developed, characterised and have been supplied for in the up-coming (AUSC)Advanced Ultra Supercritical Power Plant applications.
After completion off his service in MIDHANI, he has taken up as CEO of M/S MTAR technologies, Hyderabad for three years. He has turn around and brought the company into a profitable Business by guiding and nourishing the advanced machining and assembly technologies to the niche markets of Space, Nuclear and Defence applications.
Later he took over as President of M/S KCP Industries( Heavy Engineering unit) , in the year 2020, a listed company ,which is in the field of manufacturing of cast products, Machining and Fabrication of large size components for cement , mineral processing plants and oil & gas sectors.
Mr. Narayana Rao was bestowed with the following awards: JRD Tata Award (2015) for his excellence leadership in Metallurgical Industries., Young Scientist award (1989), Engineer of the year award (1991), Metallurgist of the year award (2006) and also a Fellow of Indian National Academy of Engineering (INAE) and Fellow of Andhra Pradesh state Academy of Sciences (APAS).
He is presently a Director on the Board of Avantel Limited, Welspun Specialty Solutions Limited and Bridge Gap Engineering India Private Limited.
He is a member of Audit Committee, Chairman of Nomination & Remuneration Committee, Chairman of Stakeholders Relationship Committee of Avantel Limited and member of Audit Committee, Nomination & Remuneration Committee of Welspun Specialty Solutions Limited.