India’s Fastest Growing Construction Companies unveiled and awarded in Mumbai

Company Brief

Mumbai, October 27, 2016

Seventeen winners, 300 attendees, and for the first time, the CW Annual Awards went live and recorded an online viewership of over 3,500 from India and across the world. This was the 14th Construction World Annual Awards 2016, organised on October 21st at Hotel Four Seasons in Mumbai.

Pratap Padode, Managing Director, ASAPP Info Global Group, gave a perfect start to the celebratory evening, as he listed the many developments and advancements in the current regime of the NDA government and went on to emphasise on the methodology of selecting winners. He said, “This is the only listing of fastest growing construction companies in India for last 14 years. Winning this award is not easy. Our jury meets have become legendary for their ability of not only bringing diverse people from this industry but also of being able to throw up ideas and insights on the industry.”

This was followed by Raghav Chandra, Chairman, National Highway Authority of India, the Keynote Speaker, addressing the audience. He shared in complete optimism, “These are good times because I can vouch that there is a mindset, a keeping, an environment for wanting to achieve what was hitherto impossible.” He went on to say that the highways sector has been buzzing with positive news – the industry could not agree more, as he added, “This is testified by the fact that the overall sales of construction equipment, consumption of bitumen, cement and steel, over the last one year, has significantly gone up. The vision is to dig out about 10,000 km of road projects every year for the next six years, of which, we are likely to award about 6,000 to 7,000 km every year.”

In celebration of this optimism and more, the awards went on to honour excellence. The Oscars of the construction industry once again had the spotlight on achievers and inspired potential contenders. The largest maintained their position, while some companies jumped up the growth graph and topped the charts of being among India’s Fastest Growing Construction Companies in the Large, Medium and Small categories.

Also, among the shining winners were companies engaged in engineering, building materials, and equipment. Identified as Top Challengers 2015-16, these companies were honoured for confronting and surpassing challenging times. Last but not the least, the showstoppers of the evening – the Construction World Man of the Year in each, the Public and Private sector, were announced and honoured at the extravagant evening.

Winner of the Fastest Growing Construction Company (Large Category) Dilip Buildcon’s Chairman & Managing Director Dilip Suryavanshi, said on receiving the award, “When my competitor sleeps, my team wakes up. My 23,000 employees are all my family and we work together as a team. It is only when the top management is completely involved, not just in the roads but with the employees and machines that the project becomes a success.”

Also, winner of the First Fastest Growing Construction Company (Medium category) as well as Top Challengers 2015-16, PNC Infratech’s Whole-Time Director Anil Kumar Rao, shared: “The past few years have been enthusiastic and inspirational for the highways sector. In the EPC sector, especially after the PPP model, we alone as a company bagged more than Rs 4,000 crore worth of projects last year.”

Also Construction World Man of the Year 2016 - Public Sector, Raghav Chandra, said, “I am gratified and deeply honoured. All the work that we are doing would not be possible if it were not for the enabling environment which the government is providing, the strong back up and support, the high quality of our officers, their motivation, dedication and seniority.”

And, Vinayak Deshpande, Managing Director, Tata Projects, on being honoured the Construction World Man of the Year 2016 - Private Sector, expressed, “I thank, first our customers and then the authorities in the government, organisations like NHAI, DFCC, who are all doing an excellent job, because of which the construction market is growing, which in turn, gives us an opportunity to drive the growth for our company. I’m proud of the platform (Tata Projects) I am holding here, without which I personally cannot be here.”

In addition to the awards, a blockbuster Annual Edition was launched, showcasing expectations from industry captains of the transformation that will emerge in India's ‘Resurgence’ with the collective efforts of the Modi government.

With this, the Oscars of the construction industry and the grand evening concluded keeping spirits high in optimism; and with a hall full booked with winners and the who’s who of the industry. It was more than evident that – the time has come, and resurgence is building in India.

Meet the WINNERS:

CONSTRUCTION WORLD Man of the Year – Private Sector

Vinayak Deshpande, Managing Director, Tata Projects

CONSTRUCTION WORLD Man of the Year – Public Sector

Raghav Chandra, Chairman, National Highways Authority of India

India’s Fastest Growing Construction Companies:

Largest Construction Company: L&T

Fastest Growing Construction Company – Large Category

1. Dilip Buildcon

2. NBCC (India)

3. Tata Projects & NCC Ltd

Fastest Growing Construction Company – Medium Category

1. PNC Infratech

2. MBL Infrastructures

3. Sunil Hitech Group

Fastest Growing Construction Company – Small Category

1. KNR Constructions

2. RPP Infra Projects

3. GR Infraprojects

India’s Top Challengers 2015-16:

Action Construction Equipment

Ahluwalia Contracts India

BEML

Cera Sanitaryware

Gayatri Projects

IRB Infrastructure Developers

Kansai Nerolac Paints

NBCC (India)

NCL Industries

Pennar Engineered Building Systems

PNC Infratech

Sadbhav Engineering

Technofab Engineering

For further information please contact:

Pratap

Email: pratap@asappinfoglobal.com