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India's Leading Infrastructur Companies 2013


For the purpose of this publication ‘India’s Leading Infrastructure Companies 2013’, infrastructure has been defined to include four key segments - construction, ports, power, and telecom. Construction includes construction of facilities such as ports and airports, IT parks, roads, highways and bridges, railways, industrial plants, and townships. Therefore, this publication focuses on companies involved in expansion of physical infrastructure.

Due care has been taken to ensure that the publication covers infrastructure companies located across the length and breadth of the country. Based upon D&B India’s in-house database and industry association members’ lists, we identified a large universe of companies. The companies were contacted through direct mailers, reminder letters, telephone calls and emails apart from invitations to participate through advertisements in India’s leading business dailies. As a basic selection criterion, companies with a standalone total income of Rs 1,000 mn and above in FY13 are featured in this publication. The publication includes diversified companies with substantial presence in construction, ports, power, and telecom services after considering their standalone turnover figures. Further, subsidiaries and associate companies that have satisfied the eligibility criteria have also been featured.

We have eliminated companies with negative net worth and those declared financially sick by the Board for Industrial and Financial Reconstruction (BIFR). Further, we excluded companies classified under the ‘Z’ category in the BSE.

Every effort was made to ensure greater participation. However, we have not included companies that have not responded with critical data and/or their information is not available in the public domain. Furthermore, we have excluded companies that have explicitly declined to participate.

The information contained in this book is sourced and compiled from questionnaires circulated and administered by D&B India, telephonic interviews, company websites and information available in the public domain such as annual reports, draft red herring prospectuses, industry bodies and associations, Government of India websites such as Reserve Bank of India, Securities and Exchange Board of India, Economic Survey, Central Statistical Organisation, National Highways Authority of India, Planning Commission, Telecom Regulatory Authority of India, Department of Telecommunications etc. The information has been further verified and authenticated to ensure its accuracy.

The sections titled Industry Overview, Infrastructure Financing, Financial Insights, and Primary Insights cover special analysis on the infrastructure sector. Furthermore, these sections analyse current trends, competitive dynamics, and the outlook for the four featured segments. The Financial Insights section analyses the financial performance of the sector whereas the Primary Insights section presents analytical findings drawn from the primary information collated by D&B India and supplemented by additional secondary research.

We have excluded those companies from the comparative listings for which updated information was not available. We have used a standardised format for reporting the information on the companies. The editorial team would appreciate if readers would keep Dun & Bradstreet regularly updated regarding any changes in their companies, as and when they occur.

Each company featured in the publication has been allotted its unique identification number (D-U-N-S® - Data Universal Numbering System). This would help readers locate and obtain full-fledged information reports on these companies from the Dun & Bradstreet database. We are confident that this sixth edition of ‘India’s Leading Infrastructure Companies 2013’ will provide Indian entrepreneurs with a platform for business networking and showcasing their capabilities. We would be pleased to receive your valuable feedback and suggestions.