gayatri projects limited - Edelweiss

Qualified Employees and Management teamWe have a qualified and experienced skilled manpower including Engineers and Engineering Diploma Holders. In addition,we have casual and temporary contract labour in the project sites. The skills and diversity of the employees gives the flexibilityto adapt to the needs of various projects. Our Company’s management team is qualified and experienced in the industry andhas been responsible for execution of diverse projects.Business StrategyWe recognize the importance of the construction industry in India – especially the importance given by the Government ofIndia to make up deficits in infrastructure rapidly. At the same time, we recognize that the “Construction” industry is verybroad in its scope covering construction of various sub-types of infrastructure – including, road, ports, water utilities buildings,industrial structures etc., and there is a need for specialization in order to develop real depth of expertise in any of these subareas.Our strategic objective is to continue to improve and consolidate our position as a leading Construction Company and weaim to achieve this by implementing the following strategies:Experience in Road ProjectsWe have experience of around 16 years in road construction and we will continue to bid for the road related infrastructureprojects, leveraging and expanding our operations in pre-qualification and there by participating in more States and Regionsand gaining access to more complex projects.We have setup a base of operation capitalizing on our local experience, established contracts with local clients and suppliersand also familiarity with local working conditions. In pursuing our strategies, we seek to identify markets where we believewe can provide cost and operational advantages to our clients. In order to expand our operation we also identify and associatewith Joint Venture partners whose resources, capabilities and strategies are complementary to and are likely to increase ourbusiness operations.Focus on Irrigation ProjectsIrrigation is one of the main focus areas of various State Governments. We have experience in execution of various irrigationprojects in the State of Andhra Pradesh. We have tied-up with JV Partner in handling irrigation project. We intend to utilizeour experience in the irrigation projects and our large equipment base to benefit from the increasing demand for irrigationprojects in India. We intend to extend our operations to other Irrigation Projects of various State Governments such as Orissa,Madhya Pradesh, Gujarat and Maharastra.Expand our operations to industrial construction projectsWe have knowledge and experience of handling various industrial projects. We have executed various site preparation andgrading, construction of roads, drains, ponds, reservoirs and industrial structures for reputed companies like NFCL, ReliancePetroleum, Jindal Vijzayanagar Steel, Visakhapatnam Steel Plant, HPCL, etc. We have also executed specialized works forIndian railways, Ports and Airport Authority. We have executed “Construction of Railway line in 3 sections i.e. KR-51, KR-55& KR-57 for Koraput-Rayagada Lane, Construction of approach Berths and Back-up area at Kakinada Port for Kakinada SeaPorts Ltd., Andhra Pradesh. We have executed extension and strengthening of Runway at 28th end of Calicut Airport, Calicut.We intend to expand our existing execution capabilities in industrial construction projects.Focus on BOT ContractsWe are at present executing a BOT project namely “Meerut-Muzaffarnagar Road Project” jointly along with other partners.We intend to focus on executing different BOT projects on annuity basis as such these contracts have relatively low riskcompared to tolling contracts. Most of BOT contracts are obtained through a competitive bidding process. In selecting contractorsfor major project, clients generally limit the tenders to the contractors who are pre-qualified based on several criteria includingexperience, technological capacity and performance, reputation of quality, financial strength, net worth, bonding capacityand size of previous contracts executed and competitive price.Improve our engineering capabilitiesWe aim to improve our capabilities to focus on pursuing EPC contracts as such contracts enable us to become the maincontractor on our projects and provide us with the opportunity to Bid on higher number of critical projects. With this view, weare continuing to strengthen our engineering capabilities to enable us to provide engineering services so as to win differentEPC projects and also to provide engineering and designed consultancy services to clients.3