Kiran Kumar Grandhi is the Corporate Chairman of GMR Group overseeing Group Finance and Corporate Strategy, Planning & Development. He is also Member of the Group Holding Board, GMR Group. Prior to this assignment, he was Chairman – Urban Infrastructure & Highways and Chairman – Airports. After completion of his studies, Mr. Grandhi joined family business in 1996 as Management Trainee in Agri-Business and has subsequently held several leadership positions.
In 1998, Mr. Grandhi became Director of the Infrastructure Business overseeing Corporate Finance, New Business Development and Organization Development. In this role, he spearheaded financial restructuring and fund raising for new projects like Tanir Bhavi Power Project – which was the world’s floating power plant at that time. He played key role in Group’s decision to divest in non-core business like Information Technology, Brewery and Banking (Vysya bank) to focus on Infrastructure development.
In early 2000, Kiran Kumar Grandhi initiated an organization restructuring programme and anchored the change management effort. As part of the process, he set-up the Shared Service Centers in Project Finance, Corporate Finance, Legal, HR, Business Development, Corporate Communication, Finance & Accounts Departments to provide expertise and services to various business of the Group.
Mr. Grandhi was instrumental in winning several successful infrastructure bids for the Group under Public Private Partnership route with the Central and State Governments in sectors like airport, highways, etc. He led the bidding team for Road Sector as a new business opportunity and won two road projects viz., Tuni - Anakapally and Tambaram – Tindivanam, which were part of NHAI Golden Quadrilateral Project.
From 2003 to 2011, Mr. Grandhi geared his focus towards GMR’s Airport Business and under his leadership GMR Airports has become world’s fourth largest private company in the sector.
He led the GMR Group’s successful bid for Hyderabad International Airport in the year 2000. Having led the bid effort successfully, in 2003 he took over the onerous task of heading the Design and Development of the Greenfield Airport project from concept to commissioning in March 2008.
In 2006, Mr. Grandhi also led the successful bid to modernize Indira Gandhi International Airport, New Delhi.
In 2007, he led the team that successfully won the bid to reconstruct the Sabiha Gokcen International Airport, Istanbul, Turkey, through an International Competitive bidding process. GMR is the first ever private Group in India to develop an international airport abroad.
In June, 2010, under his leadership, GMR expanded its international footprint by a successful bid for the Male International Airport, Maldives. The bid attracted stiff competition from Indian as well as Global Competitors, but he led the team to submit a high quality and strategic bid to ensure winning over competition.
In July, 2010, the Terminal 3 of Indira Gandhi International Airport, Delhi was completed in a record time of 36 months and the Terminal was inaugurated by Hon’ble Prime Minister of India in the august presence of UPA Chairperson. Spread over an area of nearly 5.5 million square feet, this is the single largest infrastructure project to come up in India since independence.
By 2011, Mr. Grandhi has built a portfolio of airports servicing more than 50 million passengers per annum and contributing significantly to the economies of the specific regions.
From 2011 to 2013, Mr. Grandhi led the Urban Infrastructure & Highways practice – where he managed a portfolio of approximately 1,200 kms of Highways across 10 projects. He was also instrumental in GMR Group’s foray into development of sports vertical through acquisition and management of the Delhi Daredevils IPL team.
An exceptional people leader, Mr. Grandhi spends substantial amount of time planning and reviewing development of the next generation of leaders for the Organization. He also takes active part in GMR Varalakshmi Foundation (GMRVF) - the Corporate Social Responsibility arm of the Group.
Mr. Kiran Grandhi is on the Board of the following companies:
- GMR Holdings Private Limited,
- GMR Infrastructure Limited,
- GMR Hyderabad International Airport Ltd,
- Delhi International Airport (P) Ltd and
- GMR Varalakshmi Foundation
- GMR Highways Limited
Mr. Grandhi is a Member of Young Global Leader Class of 2015 of World Economic Forum and Young Presidents Organization
On family front, Mr. Kiran Kumar Grandhi is married to Mrs. Ragini Kiran Grandhi who is a Director of GMR Varalakshmi Foundation. Mr. Kiran Grandhi has two sons - Master GM Ruchir and Master GM Riddhiman.