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Marg bets big on infra; to expand its EPC vertical

Business

Infra major Marg will focus to strengthen its competencies in EPC to position its EPC business as a ‘best in class’. This will be from the perspective of captive as well as third party services.

"We are happy to retain IIC to advise us on this important engagement; their result oriented approach and expertise in providing financial, managerial and implementation advisory services to clients across the infrastructure sector is already proven. Through this initiative, we wish to reaffirm our commitment to deliver superior value to all our stakeholders," GRK Reddy, Chairman & Managing Director, Marg Group.
International Infrastructure Consultants (IIC) is an independent consultancy firm providing advisory services in relation to organization development, organization re-design, strategic planning, project finance, Human Resource development, Corporate Training, Development and Program Management with primary focus on the EPC, Energy and Infrastructure Sectors.
Dr GV Ramakrishna’s, Chairman, International Infrastructure Consultants (IIC) said, "The Indian Government’s success in creating adequate infrastructure in the economy will be primarily driven by developing strong EPC companies capable of delivering ‘best in class’ services. Effective strategy to leverage the opportunities, an appropriate structure and sound processes together with extensive training and development focus will strengthen EPC companies; IIC’s engagement with Marg is intended precisely to achieve this. IIC perceives this assignment not only as a platform to add value to the organization, but also to help the communities, at large."
In order to be successful in its EPC business, retaining quality manpower through training and development is becoming inevitable for corporate. With recruiting and retaining quality manpower turning out to be the biggest challenge, training and development assumes major relevance. IIC will facilitate Marg to set up a training institute which will create a self sustaining training facility, and the associated training and development resources ‘within Marg’, in order for Marg to achieve a sustainable growth. “The Training institute will not only help Marg retain uniform and high levels of quality in its works, but will also revitalize the communities in and around our development zones,” added Reddy.

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June 2020
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