Incorporated in 1992, Nexus Commodities and Technologies is promoted by a group of technocrats to manufacture and market premium consumer durables and domestic appliances. The company has its registered office at Madras. The company proposes to set up a manufacturing unit at Sriperumbudur, Madras to manufacture electronic cook tops, cloth drier, caminos, ice cream maker and electronic air purifier. The company came out with a public issue in Aug.'96 to part-finance the project. It has entered into a Letter of Association with Superluck Electrics Corporation, Taiwan, for a technical co-operation.