Hyderabad: GVK is a diversified business house. With a predominant focus on infrastructure - power, roads and urban infrastructure. The Company also have a significant position in services and manufacturing.
G V Krishna Reddy,Chairman of the Group epitomizes the GVK culture of making things happen. He is a towering source of inspiration and strength to a Company that is eagerly looking forward to the challenges of the coming millennium.
The GVK story began over four decades ago in Infrastructure, and it continues to be its flagship focus. As contractors, GVK commissioned the Nagarjunasagar Dam - the world's largest masonry dam - in the 60s.
GVK at a glance
GVK ONE
GVK One - Hyderabad's world-class retail scheme - will make the city proud and give shoppers and retailers alike more reasons to smile. In short, GVK One is a complete mall in every sense of the term, that would make even a New Yorker wince with envy. GVK One has 600,000 sq.ft development with 1,000 car park facility,60,000 sq.ft fashion dept, store 40,000 sq.ft with six screen multiplex Fully leased development with no sale of space having 600 feet two-sided frontage
HOTELS
It was as though GVK read Hyderabad's yearnings and aspirations when it built the city's first world-class five-star hotel. In harmony with Hyderabad's unique architectural heritage and hospitality traditions, GVK built one of India's finest luxury hotel properties in a strategic upmarket location. And followed with another five-star atrium hotel focusing on business travellers.
On December 20, 1999, came a millennial moment for the Indian hospitality industry when GVK and Taj Group (a Tata enterprise)
announced the formation of TajGVK Hotels and Resorts Ltd.This brings the hospitality business of GVK, comprising the Taj Krishna, the Taj Residency, together with Taj Banjara from Taj group. TajGVK Hotels and Resorts control three premier hotel properties in Hyderabad with a total room base of over 525,and slated to cross 1,000 across the country by 2006.
GVK Capital and Finance
GVK Capital and Finance is engaged in a broadband of fund-based and non-fund based operations including investment banking and coporate finance.Headquartered in Hyderabad, the Company has branches in Mumbai, Chennai, Bangalore and Nellore.
Registered with the Reserve Bank of India (RBI) as a non-banking finance company, GVK Finance and Capital is among the few unlisted financial companies in India to take large exposures without having to access public market.
Novopan Industries
Novopan Industries is a GVK enterprise, which pioneered the concept of ready-to-use prelaminated particle boards in India. Apart from a Pioneer, Novopan has been acknowledged for its operational strategies involving forward and backward integrations.
GVK Petrochemicals
The state-of-the-art establishment of GVK Petrochemicals has improved and indigenised the original technology sourced from Funder of Austria. What began as a backward integration effort has become a self-sustained area of technological competence and operational success.GVK Petrochemicals is among a select band of companies worldwide, capable of formulating and manufacturing hi-tech thermosetting resins. | |