Substantial Success

Share with us your views on the roadmap or the outline, which followed in the recent year of 2018-2019 period, for the infrastructure and construction sector.

The Government of India is giving huge impetus for development of Infrastructure and construction services through focused policies such as open FDI norms, large budget allocation to Infrastructure sector, Smart cities mission, etc. Environmental awareness among masses has led to many changes in the construction industry with Green being the buzz word. India’s increased energy demand coupled with move to switch to environmentally fuel provided solid growth platform for import infrastructure for Oil and Gas in India. Indian government’s emphasis on international trade activities in the last year led to a substantial increase in spending for the development of transport facilities and related infrastructure.

Tell us about your recent recognized projects (e.g your core execution strength and expertise in providing best solutions) / views on the current promising trends of the Industry.

Most of Shapoorji Pallonji Infrastructure’s flagship projects in India are in road and renewable space. The power industry has aligned itself with the government’s policy to promote solar energy-based power generation. Private sector investment in renewable sector has grown by leaps and bounds in recent times. In recent times, India has witnessed addition of more than 20 GW of solar power projects. During last year alone, India has added around 14 GW, which is approximately double the capacity achieved in the preceding year. This growth is mainly fueled by National Solar Mission, which has set a target of adding 100 GW solar power by 2022. Going by the current trends, we envisage our solar power projects leading the business.

With a view to support its future import and export requirements, Indian government has put special emphasis on Port and inland waterways infrastructure.

Share with us your promising management ideas and driving strategies which you are using in your projects?

At Shapoorji Pallonji Infrastructure, we focus on leveraging group synergy and capabilities to provide end to end solutions.

How would you predict the year 2019, along with sharing your business plans for the next 5 years, as the new government is just going to be elected, in order to adapt to the latest policies and norms and remaining competitive in the industry?

Solar power business is going well and seems to be the most promising sector to invest in. We expect substantial growth in solar capacity addition over next four years, as there is a target to achieve 100 GW by 2022. Apart from conventional ground based and rooftop projects, coming years would also witness commissioning of solar floating and solar storage/hybrid projects.

The strategic advantage we gain is at the time of initiating projects, by conducting thorough studies that will help us remain competitive in the market.