It was in 1978, when Mr. G.M Rao started off with a small jute mill, and established,
over 28 years later, what is known today as the GMR Group. GMR is today a major
player in the Infrastructure Sector, with world class projects in India and abroad.
The GMR group is headquartered in Bangalore, and has been developing projects
in high growth areas such as Airports, Energy, Transportation and Urban Infrastructure.
GMR Group is one of the fastest growing infrastructure enterprises in the country
with a rich and diverse experience spanning three decades. With our vibrant portfolio
of projects, GMR is uniquely placed to build state of the art projects in sectors
that are of critical importance in the process of development. Using the Public
Private Partnership model, the Group has successfully leveraged its core strengths
to implement several iconic infrastructure projects in India.
GMR Group operates India’s busiest airport, the Indira Gandhi
International Airport (IGIA) in New Delhi. The integrated terminal T3, the largest
terminal in India and one of the largest in the world was built by the Group.
The Group has also developed and commissioned the Rajiv Gandhi International Airport
(RGIA), a Greenfield International Airport at Hyderabad which is a gateway to south
and central India.
The Consortium comprising of GMR and Megawide Constructions has signed an concession
agreement to begin the process for takeover of operations and development of Mactan-Cebu
International Airport (MCIA) by means of renovation of the existing Terminal 1 and
simultaneous construction of a brand new Terminal 2, with the Department of Transportation
and Communication (DOTC). Under the agreement, the GMR Megawide Consortium will
operate the airport for a period of 25 years.
The Group has 13 operating assets including 2 international assets. 6 assets are under various stages of development.
GMR Group’s Transportation business has 6 operational Highways covering
a total length of 2851 lane Km. Four projects are on annuity model and four are
toll based. One project is under development.
Urban Infrastructure :
The Urban Infrastructure sector was carved to manage
the Group’s foray into the businesses of Special Investment Region (SIR), Property
Development and construction.
GMR is developing a multi-product Special Investment Region through a joint venture
with Tamil Nadu Industrial Development Corporation (TIDCO) in Tamil Nadu’s Krishnagiri
District. The Group also has plans to develop a captive port based multi-product
Special Investment Region in Kakinada, Andhra Pradesh.
GMR has forayed into sports by promoting the Indian Premier League
(IPL) cricket team – Delhi Daredevils with the belief that sports in general and
cricket in particular provides an important connect with the community at large.
Promoting and nurturing potential talent at the grass-root level in & around the
Capital has been its social objective.
Corporate Social Responsibility :
The Group is actively engaged in the areas
of Education, Health and Hygiene, Community Development and Empowerment through
its Foundation, reaffirming its grass-root presence as a change agent of society
in the field of Corporate Social Responsibility.
GMR Varalakshmi Foundation (GMRVF) is the Corporate Social Responsibility arm of
the GMR Group. Its mandate is to develop social infrastructure and enhance quality
of life of communities around the locations of the Group’s presence, focusing broadly
on education, health, hygiene, sanitation, empowerment, livelihood, and community
development. Today, the Foundation’s activities and initiatives are spread across
GMR Group in its quest for growth has brought in the process of institutionalization
and has evolved a set of seven Values & Beliefs to define the GMR Group culture
For its continual efforts to institutionalise rigorous processes in-line with its
values and beliefs, the Institute of Company Secretaries of India (ICSI) has selected
GMR Infrastructure Limited (GIL), a listed company of the GMR Group as one of the
top 25 companies adopting good corporate governance practices and nominated GIL
for its ICSI National Award for Excellence in Corporate Governance for the financial
Corporate Governance at GMR is driven by a simple principle - 'Achieve right results
by right means'.
Going forward, the Group will actively seek opportunities in the core areas of infrastructure
development. All these would be driven by a single minded path on translating the
vision of the Group.
GMR Group will be an institution in perpetuity that will build entrepreneurial organizations
making a difference to society through creation of value.