GMR Group

GMR Group is a infrastructure development company headquartered in Bangalore, India. The company was founded in 1978 by Sri. Grandhi Mallikarjuna Rao. Employing the Public Private Partnership model, the group has successfully implemented several iconic infrastructure projects in India. The group also has a global presence with infrastructure operating assets and projects in several countries including Turkey, South Africa, Indonesia, Singapore and the Maldives.

Although the company started with Agriculture based industries like Jute/Sugar/Breweries but slowly moved in the Infrastructure space over the past decade. Now the GMR group interests lie in areas of Airports, Energy, Highways, Urban Infrastructure and Sports. GMR Infrastructure Limited is the infrastructure holding company formed to fund the capital requirements of various infrastructure projects across the sectors. It undertakes the development of the infrastructure projects through its various subsidiaries.

They are also actively involved in community service as a part of Corporate Social Responsibility. The Group’s commitment to inclusive growth is achieved through its Corporate Social Responsibility arm – the GMR Varalakshmi Foundation (GMRVF). GMRVF works with the under-privileged sections of the community in all the locations where the Group has business interests.

The company was involved in the construction of Rajiv Gandhi International Airport - Hyderabad and Sabiha Gokcen International Airport in Turkey. GMR is also involved in the expansion and modernisation of Indira Gandhi International Airport in South West Delhi.

Airports Operated by GMR are:

• Indira Gandhi International Airport, South West Delhi, India
• Rajiv Gandhi International Airport, Hyderabad, India
• Sabiha Gokcen International Airport, Istanbul, Turkey

The Group’s strategy of being a power generation-focused, integrated player in the Energy space has resulted in a diversified fuel as well as tariff-mix. The Group today has 6 power generating assets with a total capacity of 836.8 MW and another 6 power generation projects under various stages of implementation with a diversified fuel mix consisting of coal, natural gas, and hydro that will eventually produce an additional 5000 MW. Recently it has completed setting up of a 25 MW solar power plant in Gujarat, India and two wind mills of 2.1 MW in Gujarat, India and 1.2 MW in the state of Tamil Nadu, India. Besides these the Group also has around 600 Million Tons of proven coal deposits in mines located in Indonesia and South Africa.

The Group has six operating assets in the Highways sector. Four more are under construction - the 181 km Hyderabad – Vijayawada project in the satate of Andhra Pradesh, India on toll basis, the 29 km Chennai City Outer Ring Road state project in the state of Tamil Nadu, India on annuity basis, the 99 km Hungund - Hospet stretch of National Highway in the state of Karnataka, India on toll basis and the 555 km long Kishangarh - Udaipur - Ahmedabad National Highway in the state of Rajasthan, India is the first brownfield mega National Highway project of the country on DBFOT basis.

The Group’s projects in the Urban Infrastructure sector include a multi-product SEZ and Large Area Development in Krishnagiri, Tamil Nadu, a captive port based multi-product SEZ in Kakinada, Andhra Pradesh, Aviation and Logistics SEZ around the Hyderabad International Airport and development of a Central Business District around the Delhi International Airport.

GMR Group Chairman Sri. Grandhi Mallikarjuna Rao, a first-generation entrepreneur hailing from Rajam in Srikakulam District in Andhra Pradesh, India pledged $340 million (Rs 1,540 crore - Approx), which is equivalent to his personal share in the infrastructure conglomerate, to improve education among the underserved sections of the society.

Type: Private Company

Industry: Construction Services

Founded: 1978

Founder(s): Sri. Grandhi Mallikarjuna Rao

Headquarters: Bangalore, India

Number of Locations: India, Maldives, Turkey

Operational Areas: Airports, Energy, Highways, Urban Infrastructure, Sports & Foundation

Profit: 2.6 Billon US Dollars (as on 31.03.2013)

Employees: 17,000 (as on 31.03.2013)

Website: www.gmrgroup.in 

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