We consider projects with escalation clause and free issue material
- Shobhit Uppal, Promoter, Deputy Managing Director, Ahluwalia Contracts India
With specialised expertise in the construction industry for over 45 years, Ahluwalia Contracts India has carved a niche as one of the leading construction companies and civil contractors in the country. The company´s credo of commitment to time-bound completion of projects and high-quality construction has served as the cornerstone to its rapid growth.
Highlighting strategies that are helping the company grow its top line and bottom line, Shobhit Uppal, Promoter, Deputy Managing Director, Ahluwalia Contracts India, says, ´Increase in the government order book and a reduced order book with private players have helped us maintain our cash flow and improve working capital.´ He adds that the company pursues with private clients to not provide bank guarantees. Also, it does not tender for fixed-price contracts but considers projects with escalation clause and free issue material. Further, Ahluwalia has considered geographical consolidation of its order book for better control, speedy execution and cost-effectiveness. Having executed construction contracts worth Rs 1,700 crore yearly in the past, Uppal adds, ´The company has sufficient infrastructure for capital equipment, mammoth manpower and updated technology to achieve a turnover of up to Rs 1,700 crore.´