A Government of India Civil Engineering Enterprise, NBCC (India) Limited is a Schedule ‘A’ Navratna Company under the aegis of Ministry of Housing and Urban Affairs, and is today an undisputed leader in the construction industry, owing to its dedicated workforce and exemplary leadership
Creating new benchmarks of success with each passing day, NBCC has been on a phenomenal growth curve since Dr. Anoop Kumar Mittal took over its reins as the Chairman-cum-Managing Director in 2013. With his extraordinary leadership qualities, a rich experience of over 35 years in Civil Engineering, Consultancy and Project Implementation, and most significantly his tireless endeavours, Dr. Mittal has reversed the organization’s previous downward trajectory and transformed the Central Public Sector Enterprise (CPSE) into a major construction giant, which has been growing stronger day-by-day with a phenomenal 30 per cent growth in turnover. The icing on the cake is NBCC’s achievement of Navratna status (a rare and coveted distinction conferred by the Government of India) in June 2014. Its order book has grown four-fold since 2013, and its exceptional performance can also be assessed from its improved share price and enhanced market capitalisation. NBCC is currently holding work orders of more than Rs. 80,000 crore under the leadership and commitment of Dr. Mittal and has acquired the status of a renowned and popular brand. In addition, Dr. Mittal has introduced sweeping changes and formulated new policies at the organization in the last five years not only to increase transparency but also to add value to its overall growth. They include streamlined HR practices, online appraisal systems, and e-billing, among others. He has also facilitated the development of a unique financial model for the redevelopment of old dilapidated government colonies by utilising commercial built-up area to make the projects self-sustaining with no financial burden on the exchequer. It is Dr. Mittal’s constant endeavour to facilitate sustainable development by leveraging smart technologies and green engineering.
DIVERSE AREAS OF OPERATION; EXTENDED REACH
NBCC has been executing many landmark projects as a PMC, which contributes to about 93% of its annual revenue. The segment being the Company’s core strength, the areas covered under its umbrella include re-development of government properties, roads, hospitals & medical colleges, institutions, offices, airports, bridges, industrial & environmental structures, etc. The real estate segment of the Company, which came into being in 1988, mainly executing commercial real estate projects, today has undergone a sea change in terms of operation. Having a formidable presence in the real estate sector, the firm has huge land banks all across the country measuring approximately 200 acres and a number of ongoing projects, apart from some major ones already delivered. It also undertakes the development of rural roads in underdeveloped and remote areas under ‘Pradhan Mantri Gram Sadak Yojana’ (PMGSY) in Bihar, Jharkhand, West Bengal, Tripura, and Odisha, which has contributed towards improved connectivity and increased earning capacity and livelihood for the villagers, thereby adding to the GDP of the country and facilitating faster access to medical facilities in nearby towns/cities.
