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Home > City Resources > Industrial > GVK Industries

A VERSATILE BUSINESS HOUSE

This company has the distinction of commissioning India's first private power project and constructing Hyderabad's first five star hotel, Krishna Oberoi. Since 1960, GVK Industries has been involved in the infrastructure sector, constructing dams, power projects and much more. Chairman - Gunupati Krishna Reddy

Named after Gunapati Venkata Krishnan Reddy, the founder and present chairman, the company was one of the key contractors of Nagarjuna Sagar, the largest masonry dam in the world.
Setting and achieving challenging tasks has been a common phenomenon at GVK. After 15 years of rich experience in construction, the company diversified into industrial products in the late seventies.


Novopan Industries Limited was set up in Patancheru, near Hyderabad to manufacture prelaminated particle boards with technical collaboration from the Fahrni Institue of Switzerland. This unique and novel product created ripples in the corporate world as well as in the housing sector. Today, Novopan particle boardsparticle boards are widely used, as an alternative to wood and Novopan is the undisputed leader in this sector.

Inspired with its success in the Indian market, GVK went global in the late eighties by establishing a wholly owned subsidiary, GVK America Inc., at North Carolina, USA, to capture the American and European markets. GVK America used the same technology developed at Novopan India. Today, GVK America's products, which are marketed under the brand name of 'Indolam', are more popular than its American and European counter parts.

GVK then forayed into Resins and Chemicals and mechanised furniture as part of its backward and forward integration strategies. In the eighties, it built two five star hotels, Krishna Oberoi and Holiday Inn Jegurupadu Power ProjectKrishna, in Hyderabad.

No Indian company utilised the new opportunities created by the liberalisation and privatisation like GVK. When Andhra Pradesh Government invited global tenders to establish wholly owned power projects, GVK submitted its proposals along with other global competitors, and surprised everybody by bagging the prestigious project. GVK with its 30-year experience in infrastructure, completed the Jegurupadu power project in just two years.

GVK is now engaged in the construction of a 500 MW coal based project at Krishnapatnam, in Andhra and a 120 MW diesel power plant at Ratlam in Madhya Pradesh.

"We make it happen" is the buzzword at GVK. No doubt, they made it happen.

Address: GVK Industries Ltd, Koh-i-noor, Road No 1, Banjara Hills, Hyderabad 500 034,
Phone: 339 6883/884,
Fax: 339 6885
E mail: info@gvk.com
Website:www.gvk.com
 

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