NHAI Chairman to unveil India's Fastest Growing Companies - Equipment Bestsellers!

FIRST Construction Council to release its annual research on India's construction and equipment companies

Mumbai, Oct 4, 2020 (Issuewire.com) - India's economy in the first quarter of the financial year 2020-21 has contracted. Construction has contracted by 50.3 per cent (from 2.62 trillion to 1.30 trillion) as the sector worst hit during this quarter, contributing to the overall GDP contracting by 23.9 per cent from 35.35 trillion in Q1 of 2019 to 26.90 trillion in Q1 of 2020--incidentally, one of the worst GDP contractions in the world after the US during this period. But many would agree that the Indian economy was already in trouble and COVID-19 only exposed the fault lines.

Nevertheless, despite all the obstacles, uncertainties and challenges, a few entities managed to persevere and prevail, posting growth and exhibiting excellence, keeping their growth intact. And these are the companies, from the universe of construction, contracting, engineering, building materials and construction equipment that the Foundation of Infrastructure Research Studies Training (FIRST) honours - many of whom will be awarded for their outstanding work at the 6th INDIA CONSTRUCTION FESTIVAL 2020.

Organised by FIRST Construction Council and Construction World magazine, the INDIA CONSTRUCTION FESTIVAL has seen the participation of the entire Indian construction industry. The Prime Minister of India Shri Narendra Modi has lauded this platform for its ability and intention of showcasing the best and encouraging the industry by setting standards of excellence. The Chief Guest for the 6th INDIA CONSTRUCTION FESTIVAL is Dr Sukhbir Sandhu, Chairman, National Highway Authority of India.

The India Construction Festival Online, to be held virtually for the first time ever due to the ongoing pandemic, on October 15-16, 2020, will comprise four sub-events:

15th October 2020 - 10th India Roads Conference: Panel 1 - Implementation of roads and highways proposed under Bharatmala and expressways

3:30-4:30 pm

15th October 2020 - 10th India Roads Conference: Panel 2 - Financing road projects for HAM and EPC companies - Challenges & Mitigation

4:30-5:30 pm

15th October 2020 - 8th Equipment India Awards

5:30-6.30 pm

16th October 2020 - Construction World Leadership Summit: Building Growth in a COVID Economy

4:30-5:30 pm

16th October 2020 - 18th Construction World Global Awards

5:30-7.00 pm

Once again, the Festival has the partnership of New York-based Engineering News-Record magazine, popularly known as ENR - the world's oldest and largest circulated engineering magazine - to honour and felicitate not only India's fastest growing construction companies, India's Top Challengers and India's Bestselling Equipment Companies but also felicitating Global Leading Design and Engineering Firms.

Last year, the INDIA CONSTRUCTION FESTIVAL was a celebration of victory! More than 60 awards and honours were conferred upon leading Construction Companies, Global Design and Engineering Firms and Building Materials and Equipment Companies (See Winners of 2019 below).

And, this year too, we will bestow a similar number of awards on deserving companies.

While the assessment criterion for the EQUIPMENT INDIA Awards is based on sales; the CONSTRUCTION WORLD Global Awards follows a statistical model developed by FCC to analyse and present India's Fastest Growing Construction Companies. The model uses financial data of the last six year, and companies are categorised under 'Large Category' if the turnover for the current year is greater than Rs 75 billion, under 'Medium Category' if the turnover is over Rs 20 billion but under Rs 75 billion, and under 'Small Category' if the turnover is under Rs 20 billion, but over Rs 2 billion. The analysis for both awards is then presented to an eminent jury (independent jury panels for both award categories) to finalise the set of winners from among the shortlisted companies. These are India's first and most prestigious awards recognising the contribution of the construction industry. These are the only set of awards that rank companies based on their financials and profitability.

Further, handpicked by the jury for outstanding contribution to their industry, CONSTRUCTION WORLD Global Awards will once again recognise the 'CONSTRUCTION WORLD Person of the Year 2020' in the Public Sector as well as the Private Sector. Further, at the two-day event, the EQUIPMENT INDIA Awards will also recognise the 'EQUIPMENT INDIA Person of the Year 2020' title!

FIRST has also created another model for the "Top Challengers" Awards where companies including infrastructure developers, building materials and construction equipment are also considered and selected on the basis of their ability to grow over the previous year despite challenging circumstances. These companies too will be recognised at the CONSTRUCTION WORLD Global Awards.

This year, the esteemed Jury Advisory Panel for the 18th CONSTRUCTION WORLD GLOBAL AWARDS virtually met on 17th September, members of which included:

• Benjamin Breen, Managing Director, Asia Pacific Global Head of Construction, Project Management Institute
• Farid Ahmed, Divisional Head Marketing - OHT, Apollo Tyres
• Mohamed Ali Janah, President, IFAWPCA, Maldives
• Pradeep Singh, Former Vice Chairman, IDFC Projects
• RK Narayan, COO, Allcargo Logistics Park
• Vijay Agrawal, Executive Director, Equirus Capital
• Vipul Roongta, Managing Director and CEO, HDFC Capital Advisors

And, the esteemed Jury Advisory Panel for the 8th EQUIPMENT INDIA AWARDS virtually met on 24th September; members include:

• Anant Raj Kanoria, CEO, iQuippo
• Arun Sahai, COO, Ahluwalia Contracts (India)
• Devendra Kumar Vyas, Managing Director, Srei Equipment Finance
• Farid Ahmed, Divisional Head Marketing - OHT, Apollo Tyres
• Gaurav Tiwari, GM - Mech, Dilip Buildcon
• HS Mohan, CEO, Infrastructure Equipment Skill Council
• Kennady V Kaippally, Country Manager, Bonfiglioli Transmissions
• Mahesh Madhavan, Head - Construction & Infra Practice, Feedback Advisory
• Neerav Parmar, Senior Vice President - Contracts and Procurement, Shapoorji Pallonji
• Sameer Malhotra, Director & CEO, Shriram Automall India
• Samip Desai, Director, Moba Mobile Automation (India)
• Samir Bansal, GM India, Off-Highway Research
• Sandip Shah, AVP-Head, Contracts & Procurement, Omkar Realtors
• Sanjay Koul, Managing Director, Timken India
• Sanjeev Nimkar, Managing Director, Kirloskar Oil Engines

REGISTER HERE for INDIA CONSTRUCTION FESTIVAL 2020!

So tune in on October 15th and 16th as we unveil this year's winners at the INDIA CONSTRUCTION FESTIVAL - the CONSTRUCTION WORLD Person of the Year 2020 in the Public Sector; CONSTRUCTION WORLD Person of the Year 2020 in the Private Sector; India's Largest and Most Profitable Construction Contractor; India's Fastest Growing Construction Companies; India's Fastest Growing Steel Companies; India's Fastest Growing Paint Companies; India's Fastest Growing Tile, Ceramic & Sanitaryware Companies; India's Top Challengers; ENR Top International Design Firms; ENR Top International Contracting Firms;Equipment India Person of the Year 2020; Bestseller in Asphalt Finishers; Bestseller in Backhoe Loaders; Bestseller in Compaction Equipment; Bestseller in Crawler Dozers; Bestseller in Rigid Dump Trucks; Bestseller in Crawler Excavators; Bestseller in Mini Excavators; Bestseller in Mobile Cranes; Bestseller in Motor Graders; Bestseller in Wheeled Loaders; Bestseller in Skid-steer Loaders; Best Debutant Award; Best Innovation Award.

Winners at the CONSTRUCTION WORLD Global Awards 2019

CW Person of the Year - Public:
Kumar Keshav, Managing Director, Lucknow Metro Rail Corporation 

CW Person of the Year - Private:  
Sridhar Chinta, Managing Director, Navayuga Engineering Company

Largest Construction Contractor:
L&T

Fastest Growing Construction Companies (Large):

1st Rank Tata Projects
2nd Rank Afcons Infrastructure
3rd Rank NCC 
3rd Rank Dilip Buildcon

Fastest Growing Construction Companies (Medium):

1st Rank GR Infraprojects
2nd Rank APCO Infratech
2nd Rank Dineshchandra R Agrawal Infracon
3rd Rank Ashoka Buildcon

Fastest Growing Construction Companies (Small):

1st Rank Welspun Enterprises
2nd Rank PSP Projects
3rd Rank GHV Group

Fastest Growing Cement Companies (Large): 

1st Rank UltraTech Cement
2nd Rank Shree Cement
3rd Rank Dalmia Bharat 
3rd Rank ACC

Fastest Growing Cement Companies (Medium):

1st Rank JK Lakshmi Cement
2nd Rank Birla Corporation
3rd Rank Heidelberg Cement

Fastest Growing Steel Companies (Large):

1st Rank Tata Steel 
1st Rank JSW Steel (Largest Steel Company)
2nd Rank SAIL

Fastest Growing Steel Companies (Small):

1st Rank Kirloskar Ferrous
2nd Rank Lloyds Metals
3rd Rank Sunflag Iron

Fastest Growing Paint Companies:

1st Rank Berger Paints India
2nd Rank Asian Paints
3rd Rank Kansai Nerolac

Fastest Growing Tile, Ceramic &Sanitaryware Companies:

1st Rank Cera Sanitaryware
2nd Rank HSIL
3rd Rank Kajaria Ceramics

Top Challengers (in no order of ranking)

• Bharat Road Network
• Capacit'e Infraprojects
• Electrotherm India
• GallanttIspat
• Gayatri Projects
• HIL
• J Kumar Infraprojects
• JMC Projects (India) 
• PNC Infratech
• PSP Projects
• Rail Vikas Nigam
• Welspun Enterprises

ENR Top International Design Firms honoured:

• AECOM: 4th rank
• ARUP: 13th rank
• Bechtel: 42nd rank
• Black & Veatch: 36th rank
• Larsen & Toubro: 28th rank
• Louis Berger: 98th rank
• ShapoorjiPallonji and Company: 178th rank
• Tata Consulting Engineers: 127th rank
• Tata Projects: 207th rank

ENR Top International Contracting Firms honoured:

• AECOM: 70th rank
• Afcons Infrastructure: 136th rank
• Bechtel: 13th rank
• Black & Veatch: 134th rank
• Larsen & Toubro: 25th rank
• Shanghai Urban Construction (Group) Corp: 155th rank
• ShapoorjiPallonji and Company: 62nd rank
• Tata Projects: 249th rank

Winners at the EQUIPMENT INDIA Awards 2019

Equipment India Lifetime Achievement Award 2019:
Sumit Mazumder, Chairman & Managing Director, TIL

Equipment India Person of the Year 2019:
Vijay Agarwal, Chairman & Managing Director, Action Construction Equipment

Bestseller in Asphalt Finishers:      
Ammann India

Bestseller in Backhoe Loaders:
JCB India

Bestseller in Compaction Equipment:
CASE India

Bestseller in Crawler Dozers:
BEML

Bestseller in Rigid Dump Trucks:
BEML

Bestseller in Crawler Excavators:
Tata Hitachi Construction Machinery Company

Bestseller in Mini Excavators:
Tata Hitachi Construction Machinery Company

Bestseller in Mobile Compressors:
Atlas Copco (India)

Bestseller in Mobile Cranes:
Action Construction Equipment

Bestseller in Motor Graders:
Caterpillar India

Bestseller in Wheeled Loaders:
Caterpillar India

Bestseller in Skid-steer Loaders:
Doosan Bobcat India

Best Debutant Award:
Escorts Construction Equipment

Best Innovation Award:
JCB India

Media Contact

FIRST Construction Council

[email protected]

02224193000

A-303, Navbharat Estates, Dr Nath Pai Marg, Sewri West, Mumbai 400 015

http://FIRSTconstructionCouncil.com

Source :FIRST Construction Council

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