We have all the ingredients to become a global construction major
Starting his stint as a deputy general manager of engineering with the government-owned construction major NBCC India – formerly National Building Construction Corporation – in 2005, KP Mahadevaswamy has come a long way. Ever since taking charge as Chairman and Managing Director (CMD) at the Navratna Central Public-Sector Enterprise (CPSE) in October last year, the 55 year-old has focused on expanding the company’s consultancy and redevelopment businesses, international expansion, and significantly growing revenue to Rs.250 billion over the next five years. In an exclusive interaction with CW, he outlines how he proposes to turn NBCC into a global player.
How satisfied are you with NBCC’s performance?
We have much to showcase for 2023. We had the privilege of constructing the International Exhibition-cum-Convention Centre (IECC), better known as ‘Bharat Mandapam’, which was the G20 Summit venue in August last year. Recently, President Droupadi Murmu inaugurated the NBCC-built historic flagpost at Rashtrapati Nilayam in Hyderabad, the tallest wooden flag post in the country. NBCC took over the stalled Amrapali Projects spread over Delhi NCR to complete and deliver them to thousands of homebuyers left in the lurch after the private builder exited the project...
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