Overseas projects offer better margins

27 Sep 2024 CW Team

One of India's leading engineering and construction firms, ITD Cementation India is particularly known for its expertise in civil engineering projects. It focuses on a wide range of sectors, including marine structures, industrial projects, urban infrastructure, highways, bridges, airports and hydroelectric projects. It offers end-to-end solutions from design and engineering to procurement and construction, working on both EPC and turnkey models. Renowned for its technical competence, quality standards and timely project execution, it has contributed to major infrastructure initiatives across India, enhancing its reputation as a trusted contractor in the field. A past Construction World Global Awards (CWGA) winner, it has been adjudged the first Fastest Growing Construction Company in the large category this year too. Jayanta Basu, Managing Director, ITD Cementation India, in conversation with PRATAP PADODE, Founder and Editor-in-Chief, speaks about how the company has set a new industry standard with phenomenal growth, the Ganga Expressway project, its order book which has grown significantly, the skilled labour challenge, how the company is leveraging technology for timely project execution, and growth projections. Excerpts:

ITD has set a new industry standard with phenomenal growth. Having been cautious in its approach, the company has now blossomed. How would you explain the growth this year?
The success stems from a combination of factors: new opportunities, reduced competition and untapped potential within the company. With experience, knowledge, a positive shift in attitude and willingness to take calculated risks, everything has culminated in this success...

To read the full Interview Click Here

Infrastructure Urban

08 Sep 2025

VECV, Jio-bp Pulse Partner for EV Charging Access

VE Commercial Vehicles (VECV)—a joint venture between the Volvo Group and Eicher Motors—has signed a memorandum of understanding (MoU) with Jio-bp Pulse to enhance access to electric vehicle (EV) charging infrastructure for its commercial vehicle customers.Under this partnership, all Eicher Trucks and Buses EV customers will gain streamlined access to over 6,000 Jio-bp charging points, which constitute India’s largest DC fast-charging network. These charging stations are strategically located across urban centres, highways, and dedicated EV hubs, offering compatibility with all commercia..

Man Industries Wins Rs 17 Billion Export Order

Shares of Man Industries (India) Ltd surged 9.5 per cent on 3 September following the announcement of a significant Rs 17 billion export order for coated pipes. The order is scheduled for execution over the next six to 12 months, lifting the company’s outstanding order book to approximately Rs 47 billion.The company stated that the new contract underscores a robust business outlook and continued customer trust.In the first quarter of the financial year, net profit increased by 45.2 per cent to Rs 276 million, up from Rs 190 million in the corresponding period last year. While revenue from op..

Krystal Wins Rs 3.6 Billion Welfare Services Contract

Krystal Integrated Services Ltd (KISL) has secured a Rs 3.6 billion contract from the Commissionerate of Social Welfare, Pune, marking a major development in the company’s portfolio of public sector facility management services.The contract spans five years and includes mechanised housekeeping and outsourced manpower services for a vast network of social welfare institutions across Maharashtra. These include hostels, residential schools, welfare homes, training institutes, and administrative offices.In a statement, KISL underlined the critical impact of the agreement, noting that it will dir..