Currently Executing Orders Worth ₹5,000 Cr In Chennai: J Kumar Infraprojects | CNBC TV18

Summary

In this interview, Jagdish Gupta, Executive Chairman of J Kumar Infra Projects, discusses the recent Maharashtra budget announcements and their potential impact on infrastructure projects. He highlights the government's major focus on infrastructure, which is expected to significantly boost economic growth. Gupta shares that his company has an order book worth ₹22,000-25,000 crores and is actively bidding for more projects across India. He also mentions upcoming tenders and how the company plans to expand its presence in Bengaluru and Karnataka. Overall, the company is poised for significant growth in the coming years, driven by government initiatives.

Takeaways

• 😀 Maharashtra government has announced significant initiatives focusing on infrastructure development, which will greatly impact economic growth.
• 😀 Infrastructure development will create more job opportunities and improve overall living standards for the people in Maharashtra.
• 😀 Companies like J Kumar Infra Projects are well-positioned to capitalize on these government announcements, with the capacity to handle large-scale projects.
• 😀 The company has a current order book of ₹22,000 to ₹25,000 crore, which it expects to complete within the next 3-4 years.
• 😀 J Kumar Infra Projects is also expanding its operations nationwide, not just in Maharashtra, and is ready to take on projects across India.
• 😀 The company is working on numerous tenders in Maharashtra and other states, with an estimated ₹10,000 crore worth of tenders expected to be awarded in 2025.
• 😀 J Kumar Infra Projects has set ambitious targets for 2027, with an expected order book of ₹25,000 crore, exceeding previous commitments.
• 😀 The company is focused on achieving its target of completing projects ahead of schedule and is confident in its ability to deliver on time.
• 😀 J Kumar Infra Projects has a strong presence in Bengaluru, with significant plans to expand further in the region, working on projects worth ₹5,000 crore.
• 😀 In Karnataka, the company has been working on major infrastructure projects, including large bridges in Chennai, and is overcoming local challenges effectively.

Q & A

What is the significance of the recent Maharashtra budget according to Mr. Jagdish Gupta?

Mr. Jagdish Gupta views the Maharashtra budget as a major step forward for infrastructure development in the state. He believes that the government’s focus on infrastructure will create economic opportunities, job prospects, and improve the quality of life for people in Maharashtra.

How does Mr. Gupta feel about the government’s support for infrastructure projects?

Mr. Gupta is very optimistic about the government’s support, stating that it’s a commendable decision. He believes that infrastructure development will drive economic growth and positively impact sectors like real estate, construction, and employment.

What is the current order book size of J. Kumar Infra Projects?

J. Kumar Infra Projects currently has an order book of approximately 22,000 to 25,000 crore INR, which they expect to complete over the next 3 to 4 years.

What kind of projects is J. Kumar Infra Projects involved in?

J. Kumar Infra Projects is involved in large-scale infrastructure projects, including construction of bridges, real estate developments, and other major infrastructure works across India.

What is the company’s strategy for securing new projects?

The company is actively bidding for tenders across India, not just in Maharashtra. They are prepared to take on projects across the country, and Mr. Gupta emphasized that they are ready to face challenges and fulfill project requirements anywhere in India.

What is the projected order intake for J. Kumar Infra Projects in 2025?

Mr. Gupta expects the company to secure tenders worth at least 10,000 crore INR in 2025, continuing their growth trajectory.

How does the company plan to meet its targets for 2027?

J. Kumar Infra Projects has set an ambitious target for 2027, with an expected order book of 25,000 crore INR. They plan to exceed this target, continuing to secure and complete large projects in the coming years.

What are the company’s current projects in Bengaluru?

The company has several ongoing projects in Bengaluru, worth approximately 7,000 crore INR. They are working on large-scale infrastructure initiatives in the city.

How does J. Kumar Infra Projects handle challenges in different regions?

J. Kumar Infra Projects is proactive in overcoming challenges such as local language barriers. For example, in Chennai, they were able to manage communication challenges smoothly, which helped them execute projects like bridge construction efficiently.

What is J. Kumar Infra Projects' strategy for expanding in Karnataka?

J. Kumar Infra Projects is focused on increasing their presence in Karnataka, where they are already involved in projects worth 5,000 crore INR. They are also exploring new opportunities in the region and are determined to execute their projects on time.