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  LiveWire / Teen Forums / Science & Business / Viewing Topic

What is GMR's role in building India?
Replies: 0Last Post Mar. 2 9:02pm by Redleg
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( Redleg )


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The government is targeting investment of more than $475 billion in infrastructure over the next five years, and it's sure that GMR will contribute significantly to this nation-building program. Today we are present in both agribusiness and infrastructure. We want to play a major role in all three infrastructure sectors that we're in today energy, highways, and airports. Our final core area is airports not just the buildings, but also the facilities. At Hyderabad we want to bring in international best practices for cargo, ground handling, and even the fuel farm there. And today all Indian aircraft are going to other places Singapore, Dubai for maintenance and major repairs, so we're setting up a maintenance hub in Hyderabad as well. In Delhi we want the airport to be like a city, an "aerotropolis." Everything will be available around the airport: convention centers, residential complexes, a hospital, and entertainment facilities.

Today we are involved in two public-private partnerships with the airports in Delhi and Hyderabad, and our experience has been very positive. The public side has the capabilities the technical capabilities but the speed is not there. We are bringing the speed, as well as the best technology, the best financial engineering, and the best talent in the world. Take the Delhi International Airport as an example. Building that type of airport five million square feet with high standards would take a minimum of six or seven years anywhere in the world. But we're helping to expedite the project, and we'll build it within three-and-a-half years by implementing global best practice. The government is giving us its full support. It's helping to get us all the clearances that are needed, like utilities, power, evacuating the land.

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9:02 pm on Mar. 2, 2008 | Joined Mar. 2008 | 1 Days Active
Join to learn more about Redleg India | 1 Posts | 11 Points
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