Vinayak K Deshpande (TATA Projects) – BS Best Performing Companies 2020

Accelerating India’s Progress  TATA Projects Ltd. is a diversified construction and infrastructure company. It is one of the fastest-growing and most admired infrastructure companies in India and has expertise in executing large and complex urban and industrial infrastructure projects. TATA Projects offers turnkey solutions for construction of roads, bridges, fully integrated rail & metro systems, commercial building & airports and setting up power generation plants, power transmission & distribution systems, chemical process plants, water and waste management and complete mining and metal purification systems.

 Striving For Excellence

Tata Projects Ltd has witnessed phenomenal growth in turnover over recent years from Rs 3,444 crores in FY15 to Rs 13,230 crores in FY 19. The company’s current order book stands at about Rs. 50,000 crores. This has been achieved by pursuing the right growth and expansion strategies.

In the last 18-months, Tata Projects Ltd has received few important projects such as 2×700 MW power plant order from NPCIL; construction of 371-room Ginger Hotel in Santa Cruz (Mumbai); construction of IT Buildings in Pune from Tata Consultancy Services; multiple oil & gas sector orders from HPCL Rajasthan Refinery (HRRL) and one from Bharat Petroleum Corporation (BPCL); multiple packages of Mumbai Metro Rail & Pune Metro Rail, and many others.

The company employs a simple strategy, ‘Simplify and Create’ in all of its operations. From simplifying the lives of its clients to building optimum solutions with its vast engineering capability and domain expertise. The company leverages technology, advanced construction methods and collaboration between diverse specialists to ensure on-time execution of projects.

Tata Projects resonates with the ethos of the Tata Group. It leads with integrity and has established uncompromising standards of safety and sustainability. It will always stand by its commitment to customers and strive to deliver projects on time.

Leading From Front

 Mr. Vinayak K. Deshpande – Managing Director of TATA Projects is a chemical engineering graduate from IIT, Kharagpur in 1980. He has over 4 decades of extensive experience in numerous roles across industries. He began his career with boilers and captive power plants at Thermax, industrial automation and process controls at TATA Honeywell to infrastructure EPC in TATA Projects. Mr. Deshpande also played a key role to establish Honeywell Advanced Process Control, Optimization & Level 4 Manufacturing MEP business in India.

In July 2011, he took over as a Managing Director of TATA Projects. The company has successfully established its presence in new segments of ‘Urban infrastructure’ and ‘Social Infrastructure’ in the Indian market. Last year, the company featured in World ENR rankings – 2019. At the `Prestigious’ 9th Construction Week Award Ceremony, Tata Projects bagged the ‘Infrastructure Company of the Year’ Award.

Optimal Turnkey Solutions

Tata Projects operates through four Strategic Business Groups, namely, Industrial Systems, Core Infrastructure, Urban Infrastructure, and Services. While the first three SBGs are directly involved in construction-related practices, the Services SBG is concerned with quality certification and inspection services.

  • Industrial Systems Strategic Business Group (SBG) provides customized turnkey solutions for segments like Power & Metals, Oil & Gas and Construction & Environment.
  • Core Infrastructure Strategic Business Group (SBG) provides on-time construction solutions for segments like Transmission & Distribution and Transportation (Railway Infrastructure, Railway Systems, and Roads).
  • Urban Infrastructure Strategic Business Group (SBG) provides turnkey solutions for segments like Heavy Civil Infra (Metro & Tunnels, Hydropower & Waterways and Roads, Bridges & Ports) and Urban Built Form (Buildings, Airports & Station Modernization and Smart Cities).
  • Services Strategic Business Group (SBG) operates across the globe and delivers comprehensive inspection, certification, repair and maintenance, and training services. It also caters to Industrial and Infrastructure sectors encompassing Power, Hydrocarbons, Metals & Minerals, Roads, Ports, and Buildings.

New Horizons

With its goal to ‘Accelerate India’s Progress’, TATA Projects is aiming to become one of the top-50 construction and engineering companies worldwide. “We are increasingly seeing the need for projects to be successfully executed within tighter timelines and meeting optimum cost efficiency parameters. This will need the adoption of the latest cutting-edge technologies and streamlining of processes. As a company, therefore, we have already taken steps in this direction,” asserts Mr. Vinayak.

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