Monday, December 18, 2006

Definitely, creating tomorrow today…

From a very modest family business of jute trading to an infrastructure conglomerate worth Rs.25 billion (asset base), the Grandhi Mallikarjuna Rao (GMR) group led by Chairman G. M. Rao has certainly come a long way in its corporate journey. Today, the group activities are dominated by the infrastructure business, but very few would know that GMR was one of the first groups to enter the power sector. But, in the absence of a firm power project policy, the group chose to enter the infrastructure business as a safer option. Over the years, the group has successfully managed to leverage the public-private partnership model effectively to develop and manage infrastructure projects.

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Source:- IIPM Editorial

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