Visaka Industries Ltd. engages in the manufacture and sales of cement asbestos products, textile, and fibre cement flat board products. The company is headquartered in Hyderabad, Telangana and currently employs 1,960 full-time employees.  The firm operates in two segments: Building products and Synthetic Yarn. The Building products segment produces asbestos sheets, solar panels, accessories used as roofing material and non-asbestos flat sheets and sandwich panels used as interiors. The Synthetic Yarn segment manufactures Yarn out of blends of polyester, viscose, other materials which go into the weaving of fabric. The company manufactures integrated solar panels with a cement base. The company also manufactures and supplies The Wonder Yarn, a human-made spool that has carved a niche for various fabric applications across garments, apparels, furnishings, automotive fabrics, and other technical textiles. Its Vnext Board, Vnext Premium, and Vnext Premium Plank are used for varied applications, such as drywalls, partitions, and roof underlay.

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