Way back in 1987 when we formed IVRCL, the infrastructure industry in India was in its infancy. We were clear in our minds then, that we did not intend to build just another infrastructure company. We wanted to be different. The ‘also ran’ tag was certainly not for us. Looking back, I can say, at the risk of sounding immodest, that we not only dreamed big, we dreamed to be different.

We soon built qualifications to bid for water related projects and established ourselves in the water segment. We did realize that transporting water either by canals or through underground pipelines was our calling. We challenged ourselves into the water-related arenas and pretty soon opportunities presented themselves - and we grabbed them with both hands!

We went on to build canals, reservoirs and moved on to buildings, industrial structures, bridges, flyovers, highways, roads, power transmission, railways, real estate, water treatment plants and even set-up our own sea water desalination plant. Our forays continue as we get into oil & gas, mining LSTK, FEED capabilities and SCADA Systems.

In Sri Lanka, 4100 dwellings are under construction. With a Hydro-electric station in Nepal, which is a run-of-the-river scheme with a 6 kms long headrace tunnel and a surface power house and with notable breakthroughs in the Middle East and Africa, we have now embarked on a global presence.

We have laid pipelines for around 25,000 km all over the country. Our canals itself will be another 500 km. Our sea water desalination plant in Chennai supplies water to about 2.5 million families every day. We have so far built 3,228 km of roads and another 2,555 km are the present ongoing road-works, apart from which we have done tunneling work for 2,805 km. On the buildings and industrial structures front we have completed 25.20 million sft of residential, commercial and institutional works and 24.20 million sft are presently undergoing execution.

The central as well as various state governments have been our major clients, entrusting mega projects to IVRCL which contribute to India’s infrastructure. Apart from contributing to the national development of the country, what fills us with pride is the satisfaction that we could make a difference in the lives of our fellow countrymen.

IVRCL’s ample management skills were on display in the successful acquisition, assimilation and turnaround of Hindustan Dorr Oliver, a leading Engineering, Procurement and Construction Company (EPC).

Another feather in IVRCL’s cap is the setting up of IVRCL A&H, an assets and holdings company looking after BOT, BOOT and Real Estate projects, which leverages our proven expertise in construction and project execution to redefine the skyline of strategic locations in major cities, our standalone assets including investments, fixed assets and inventories are at 3,178 crore.

All these companies are an integral part of the Group’s overall strategy and we are sure they will see us emerge as a dominant force in the specialized engineering.

We are indeed proud of our subsidiary companies, IVRCL A&H, Hindustan Dorr-Oliver and DavyMarkham.

The company has indeed grown impressively and is now on the threshold of growing into a global player of formidable repute. DavyMarkham specialises in the design, manufacture, fabrication and machining of heavy and complex engineering components and assemblies for mining applications. The vast workshops, of 1,75,000 sft of manufacturing area in a 20 acre site situated in the industrial heart of Sheffield, UK, offer facilities that are unique in Western Europe, in terms of capacity and capabilities.

The company handles large turnkey projects, utilizing its expertise in hydraulics, controls, engineering, heavy engineering components for mining projects, installation and servicing, and has the capability of moving individual structures weighing up to 350t.

DavyMarkham's overall objective is to satisfy customer demands in a timely and cost-effective manner, without compromising on quality or safety.  They have the ability to handle single lifts up to 350t and assemblies over 1000t. They have bagged a mining contract for the supply of two heavy duty mining hoists to Volcan Compania Minera of Peru, the fourth largest producer of zinc and silver worldwide apart from mining gold, lead and copper.  This is designed for an estimated production rate of 4000 tons per day from depths down 970 meters!

DavyMarkham has signed up to become the first tier two member of the new Nuclear Advanced Manufacturing Research Center consortium thereby effectively reading itself to take part in any forthcoming reactor build in the UK.  Its founding tier one industrial partners include Rolls Royce and Sheffield Forgemasters plus reactor builders Areva and Westinghouse.

Hindustan Dorr Oliver (HDO) is a leading EPC company in India, offering world-class engineering solutions to meet industrial requirements.  HDO has exhibited impressive growth in mining, mineral processing, pulp and paper and environmental infrastructure projects.  The company has over 60 years of experience in major industrial segments.

Our strength as always is the top caliber of our people.  Dedicated, committed professionals who share our vision and penchant for taking on challenges.  At last count our workforce numbered 6,271 in the parent company, IVRCL A&H has a staff of 205, HDO has a manpower of 1,261 Davy Markham has 195 persons, apart from which we have persons stationed in our Dubai, Kenyan and Sri Lankan office.  The Group strength is now at 7,932.

To appreciate our employees’ contribution and ensure they share in our success, IVRCL is the first infrastructure company to offer ESOP’s – over 3 million shares have been distributed. We enjoy the trust of nearly one lakh shareholders and we have acquired HDO and DavyMarkham in the last few years and do plan for more acquisitions in due course of time. 

Confident of our competitive advantage, strong project management skills, excellent pre-qualification credentials, integrated execution capabilities and high-quality human resources, we will continue to lead the way.  But more than business success and growth, what we truly welcome is the opportunity to improve the human condition. We continue to measure success not by the figures we reach, but by the lives we touch. 

As India boldly moves forward to chart out its economic destiny, IVRCL is committed to being a partner in progress.  As always arousing hope and confidence by blazing new trails and living up to our promise that WE MAKE IT HAPPEN!