Despite difficulties like stalled projects, liquidity issues and debt payment defaults leading to a challenging scenario for India Inc, a few companies have managed to excel and post growth on significant parameters. In our yearly endeavour, CW identifies the Top Challengers of FY2019.
Bharat Road Network (BRNL) is a road BOT company in India focused on development, implementation, operation and maintenance of roads and highways projects.
Since inception in 1986, Brigade has completed over 250 buildings, amounting to 66 million sq ft of developed space, in the residential, office, retail and hospitality sectors across seven cities.
Capacit'e Infraprojects embarked on its journey in 2012. The company has earned the distinction of being a preferred name in the construction of highrise and super high-rise buildings, townships, commercial and IT/ ITES, institutional and retail across India.
Emami Realty, the real-estate arm of Emami Group, was incorporated in 2006 to undertake real-estate projects in the residential, commercial and retail sectors.
Over 25 mt of steel is produced every year on induction furnaces manufactured by Electrotherm, established in 1982, and supplied in 52 different countries around the world.
Gallantt Group made a humble beginning in 1984, with an investment in an oil extraction plant. At present, the group runs two primary steel plants with a captive power plant in Uttar Pradesh and Gujarat in the name of Gallantt Ispat and Gallantt Metal, respectively.
Gayatri Projects is one of India’s leading construction and infrastructure companies with interests in EPC, highways and power plants, and active operations in 19 states.
Established in 1946, HIL is a flagship company of the CK Birla Group. It is the world’s largest manufacturer and seller of fibre cement roofing and offers comprehensive building solutions.
JMC Projects caters to a range of business segments in various formats with its integrated capabilities spanning the spectrum of EPC solutions with safety, quality and on-time delivery as its three pillars.
PNC Infratech is currently executing 20 expressway, highway and airport runway projects of over Rs.140 billion on the EPC model. It is also implementing seven highway projects on HAM at an aggregate of over Rs.90 billion.
Established in 2008, PSP Projects has a proven track record in delivering projects on time and with quality in diverse industry segments. The company enjoys a strong presence in Gujarat with gradual expansions in western and southern India.
Established in 1975, Puravankara has close to 40 million sq ft of projects that are completed and delivered, of which 63 are residential and five are commercial projects.
Rail Vikas Nigam (RVNL), a CPSE under the Ministry of Railways, was incorporated in 2003, and has completed 8,879.65 km covering 360.01 km of new lines, 2,932.35 km of doubling, 1,783.22 km of gauge conversion, 3,762.07 km of railway electrification, 42 km of Metropolitan Transport Project, seven railway workshops, one cable-stayed bridge at Bardhhaman and four other specific works.
SOBHA was founded by PNC Menon, a well-known entrepreneur, in 1995, with a clear vision to transform the way people perceive quality. Today, this Rs.32-billion company is a trusted brand and among the foremost backward integrated real-estate players in the country.
Part of the Welspun Group, Welspun Enterprises (WEL) was formed in its current form in 2015. WEL has seven road HAM projects in its portfolio with a total project value of Rs.85+ billion.
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In spite of the present economic crisis and various disruptions in the last few years due to Demonetisation, RERA and GST, serious consolidation is happening in the industry so that it can take up challenges in future.
25 years of engineering excellence in January 2020, we embark on a journey towards weaving the ACE-Growth Story 2.0 through a consistent focus on introducing high-quality innovative products and excellent customer service.
It is a powerful combination to have operations fully integrated in-house and the ability to identify finance and execute development projects, believes SAHIL VORA.
He has definitely been leading the way for Lucknow! Kumar Keshav, Managing Director, Lucknow Metro Rail Corporation (LMRC), steered a team of professionals towards the successful completion of the 23-km partly elevated and partly underground Phase1A North South Corridor of the Lucknow Metro Project in the capital of India’s largest state, Uttar Pradesh.
He’s proof that commitment and perseverance are the keys to success. Hailing from a simple business family in Krishna district in Andhra Pradesh, 50-year-old Chinta Sridhar, Managing Director, Navayuga Engineering Company, is now a leading light in the construction and infrastructure fraternity.
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There are cracks appearing everywhere. Even fissures at some spots. The world economy is in dire straits. Even the US economy is showing signs of strain. Europe, China and the Middle East have slowed down.
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Every great dream starts with a dreamer. But it takes an achiever to translate that dream into reality. India's Prime Minister Narendra Modi is determined to make the transition from dreamer to achiever with his vision to make India a $5 trillion economy by 2024.
The infrastructure sector is a key driver of any economy as it generates opportunities worth 10 times the invested amount and is an important contributor to growth and capacity creation.
Termed the ‘Poster Boy’ of the Indian infrastructure sector for the magnitude of its project execution capability and ability to ride the most challenging of economic and business cycles, Larsen & Toubro (L&T) has paved its own path to glory over the years.
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Avians Sectional Overhead Doors are new generation doors used in place of conventional rolling shutters, where aesthetics is important along with safety and durability.
Tata BlueScope Steel is committed to serve customers with best-in-class colour coated steel products consistently by leveraging superior technology with over 100 years of global research and development. Riten Choudhury, Managing Director, Tata BlueScope Steel, shares more...