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The third-largest construction group in India - Afcons Infrastructure - has a strong presence in various parts of the world. Part of the Shapoorji Pallonji Group
India´s infrastructure kings share their experiences of the past year and recommendations for a smooth way forward. Fiscal years come and go, but FY14 has been different.
A perfect backdrop, the stage set, lights on, a packed audience and a group of stellar achievers ready to celebrate victory - the 12th CW Annual Awards were indeed the stuff of magic.
If you wanted to meet people adept at turning stones to milestones, you should have been at the Construction World Annual Awards 2010 in Mumbai.
In February 2008, CW’s cover story on the manpower shortage in the construction industry highlighted the need to add about 5 million people every year to sustain the industry’s growth rate.
Fortune Magazine's annual ranking of the World's Most Admired Companies – a most coveted place to be for any business, large or small, across the globe.
With over 50 years in the construction business, Afcons has a strong track record with its portfolio of completed projects including over 171 marine works, 124 bridges/flyovers, 2,700 lane km of roads, 29 km of elevated metro rail, four LNG tanks and nine tunnels and hydro works.
The industry is undergoing tremendous challenges, and we believe that Afcons will emerge triumphant in these trying circumstances. Our drive on innovation will be an ongoing process and our core value.
The integrity of its mission to be a prominent transnational infrastructure company cannot be doubted. After all, this flagship company of Shapoorji Pallonji Group, recorded a robust turnover of Rs 2,600 crore for the financial year 2011-12.
What makes a company ‘most admired’ over its peers? It’s a definitive rate card of corporate reputations. “Most admired companies display a greater long-term focus than do their peers,” says Mark Royal, of the Hay Group, which helps Fortune determine their annual ranking of the world’s most admired companies.
