3 prominent companies in the infrastructure sector (India)

The infrastructure sector is a key driver for the Indian economy. The sector is highly responsible for propelling India’s overall development and enjoys intense focus from the Government for initiating policies that would ensure time-bound creation of world-class infrastructure in the country. The infrastructure sector includes power, bridges, dams, roads, and urban infrastructure development.

According to the Department for Promotion of Industry and Internal Trade (DPIIT), FDIs in the construction development sector (townships, housing, built-up infrastructure, and construction development projects) and construction (infrastructure) activities stood at US$ 26.14 billion and US$ 25.38 billion, respectively, between April 2000 and June 2021. In FY21, infrastructure activities accounted for a 13% share of the total FDI inflows of US$ 81.72 billion. Find here the list of some infrastructure companies in India that is a significant contributor to the national agenda for facilitating integrated and development infrastructure:

3 prominent companies in the infrastructure sector India

Salasar Techno Engineering Ltd– Salasar Techno Engineering Ltd. incorporated in 2007, is the largest manufacturer of Telecom Towers in India. It provides 360-degree solutions by carrying out engineering, designing, fabrication, galvanization, and deployment. Salasar Techno Engineering Limited’s services include providing complete engineering, procurement, and control for projects such as Rural Electrification, Power Transmission Lines, and Solar Power Plants. In the year 2006, Salasar started out as a tower manufacturer with the vision of transforming the industry. Tower manufacturers rarely provided multiple solutions under one roof. Salasar sought to fill this gap by aspiring to become a one-stop shop for India’s telecom giants by carrying out engineering, designing, procurement, fabrication, galvanization, and EPC in less than one roof. Owing to their persistence, expertise, and capability to work wonders with steel, today they are no longer confined to towers and have expanded our range of products and services to encompass all the infrastructural needs of a rapidly developing nation.com Operators. Contracts are renewable upon expiry of the term, at the option of the Telecom Operators.

GVK Power and Infrastructure Limited-GVK Infrastructure & Power Limited is a public listed infrastructure company, founded in 1994. GVK is involved in various projects related to Power, Roads, Hospitality, and Mining, etc. GVK has got several awards and recognitions. This company is associated with numerous projects of excellent quality and is also known for its time-bound delivery. Its market capital stands at Rs 1,252 Crore as of July 2015. A few notable projects completed by GVK are; Deoli-Kota Expressway, Hydro Electric Project in Jammu and Kashmir, Kempegowda International Airport, Bengaluru

Lanco Infratech Limited– Lanco Infratech Limited stands at 9th place among the top 10 infrastructure companies of India, located and Headquartered in New Delhi. LIL is mainly engaged in Road, Power, and Expressways construction projects. LIL market capital stands at Rs 1,137 Crore as of July 2015. Some of the notable projects undertaken by Lanco Infratech are Devihalli Highways, Udupi Power Corporation Ltd (UPCL) at Yellur in Udupi district.

 

Author– Guest/User submit – Lazri Agarwal

 

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