Industrial Consulting Bureau Private Limited (ICB Private Limited) was founded by the Kapadia family. Running with two engineers, the company's primary activities were small Feasibility and Engineering services jobs.
Creation of the first JV between the Indian based consulting firm ICB and Tecnimont.
Tecnimont S.p.A. Italy, one of the leading EPC companies in Europe acquired 50% equity and the company was renamed Tecnimont ICB Pvt. Ltd.
Tecnimont acquires balance 50% equity and the Indian subsidiary company becomes part of the Maire Tecnimont Group.
60 years of Tecnimont Private Limited are celebrated by the Maire Tecnimont Group and its subsidiaries. Having executed more than 350 projects on various contract methodologies, the India-based effort is central to the Group's engineering process expertise.