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.
Capacit'e Infraprojects (CIL) embarked on its journey in 2012 and has emerged as one of the most attractive representatives of India’s super high-rise and high-rise building construction segments.
With the above 40 steps, it is no surprise that India is at the bottom of the list in respect to dealing with construction permits. Although the country's overall rank in ease of doing business has risen to 130 in the latest World Bank report, India is at the bottom of the list with respect to dealing with construction permits, with the rank of 183.
India currently has 50 completed tall buildings of 150 m+ and 52 under construction. Another three buildings 300 m+ tall are currently under construction.
Reports indicate that private-sector firms raised Rs 28,225 crore through initial public offerings (IPOs) in FY2016-17, said to be among the best in six years
Order book and utilisation plans: Our order book and the new orders that we receive have a significant effect on our future revenue. The company's order book as on January 31, 2017, was approximately Rs 4,049 crore. This includes commercial, residential and institutional buildings.
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