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Visaka Industries Ltd. was promoted by Dr. G. Vivekanand in 1981 to manufacture Fibre Cement Roofing Sheets.

Today, the company has manufacturing plants across the country with a turnover of ₹925 crores, making it the second largest cement sheet manufacturer in India. The non-asbestos cement board & panel division was established in the year 2008. The company boasts of a massive portfolio with 8 Fibre Cement Roofing Sheets plants having manufacturing capacity of 8,30,000MT per annum, 2 Vboard plants having manufacturing capacity of 1,20,000 MT per annum, a Vpanel plant having manufacturing capacity of 3,00,000 Sq.m., and a Textile Yarn plant. With a focused vision of revolutionizing modern construction as we know it, the company manufactures the highest quality products that are exported around the world.