This article needs additional citations for verification .(September 2021) |
Industry | Conglomerate |
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Founded | 1978 |
Founder | Grandhi Mallikarjuna Rao |
Headquarters | , India |
Key people |
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Services |
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Website | www |
GMR Group is an Indian multinational conglomerate headquartered in New Delhi. The group was founded in 1978 by Grandhi Mallikarjuna Rao and comprises several companies including GMR Infrastructure, GMR Energy, GMR Airports, and GMR Enterprises. Employing the public-private partnership model, the Group has implemented several infrastructure projects in India. The Group also has a global presence with infrastructure operating assets and projects in several countries including Philippines and Greece. [1]
GMR Group owns, develops, operates, and manages airports, major energy utilities, highways, and urban infrastructure facilities. With a net asset base of nearly US$25 billion, it is one of India's largest infrastructure development companies. GMR Group is famous for operating the Indira Gandhi International Airport in Palam, Delhi.
As per the Forbes list of India’s 100 richest tycoons, dated October 09, 2024, Rao is ranked 78th with a net worth of $3.99 Billion. [2]
GMR Group chairman Grandhi Mallikarjuna Rao, a first-generation entrepreneur hailing from Rajam in Srikakulam District in Andhra Pradesh, pledged $340 million, which is equivalent to his personal share in the infrastructure conglomerate, to improve education among the under-served sections of the society. [3]
The company started with agri-based industries like jute, sugar, and breweries and has slowly moved into the infrastructure space over the past decade. Now the GMR group interests lie in areas of Airports, Energy, Highways, and Urban Infrastructure. [ citation needed ]
GMR Infrastructure Limited is the infrastructure holding company formed to fund the capital requirements of various infrastructure projects across the sectors. It undertakes the development of infrastructure projects through its various subsidiaries.[ citation needed ]
GMR Group entered the airports development space in 2003, through subsidiary GMR Airports Limited. [ citation needed ]
GMR Airports limited operates Delhi's Indira Gandhi International Airport, Hyderabad's Rajiv Gandhi International Airport and Goa's Manohar International Airport. Besides this, the Group has recently been awarded the concession for the development, operations, and management of Bhogapuram Airport in Visakhapatnam. In the year 2020, the group signed the concession agreement to commission, operationalize, and maintain the Civilian Enclave at the Bidar Airport in Karnataka. GMR Group is developing airport cities on the commercial lands available around its airports in Delhi, Hyderabad, and Goa.
In the International market, it operates Mactan Cebu International Airport in The Philippines and New Heraklion International Airport in Greece in 2017.
In July 2020, Groupe ADP acquired a 49% stake in GMR Airports. [4]
GMR has announced it will develop and transform Nagpur Airport into a world-class aviation hub in multiple phases. It will focus on replicating its successful upgrade efforts at Delhi Airport in India and Cebu-Mactan in Philippines. The plan includes the expansion of terminal handling capacity, the development of a second runway, and a new Air Traffic Control Tower (ATC) to boost capacity to levels that could potentially serve the needs for the next 2-3 decades of growth. [5] GMR Hyderabad International Airport won the 'Golden Peacock Business Excellence Award 2017'. [6]
In April 2021, GMR Group announced the launch of GMR Hyderabad Airport City, [7] which is proposed to be the largest aerotropolis in India spread across 1,500-acre (6.1 km2) around Rajiv Gandhi International Airport, [8] and is being billed as an "integrated ecosystem covering Office Space, Retail, Leisure, Entertainment, Hospitality, Education, Healthcare, Aerospace & Logistics". In September 2021, GMR Group said that it would invest ₹ 519.52 crore towards metro connectivity at the airport. [9] [10] During foundation laying ceremony of Hyderabad Airport Metro Express on 9 December 2022, GMR Group contributed ₹625 crore (US$75 million), or 10 percent of the project's cost. [11] [12]
GMR Aero Services offers specialized services in the field of airport development and operations, which include aviation consultation, engineering and maintenance, operations management, security solutions[ buzzword ], and staff training.[ citation needed ]
GMR Aero Academy (GMRAA) was established at the Rajiv Gandhi International Airport, Shamshabad, Hyderabad in 2009.
GMR started its Aviation Academy in Kochi, Kerala on 23 January 2023 at ASAP Community Skill Park, KINFRA, Kalamassery, Kochi.
GMR Aviation was formed in 2006 to offer aircraft charter services and consultancy for business aviation. Apart from owning and managing its own fleet, GMR Aviation also manages aircraft of other business groups.[ citation needed ]
GMR Engineering and Management Services (GEMS), is a provider of engineering and management services and has been in operation for the last 15 years.
GMR Group is a player in the Indian power sector with an installed capacity of 3200 MW. The group has 15 power generation projects across Hydro, Thermal, and Renewable energy of which 11 are operational and 4 are under various stages of development.
In the Urban structure business, the GMR group is currently developing an 850- hectare large format 'Special Investment Regions' (SIR) at Krishnagiri, near Hosur in Tamil Nadu. [13] The SIR is designed and developed by GMR as self-contained eco-systems for economic activity.
GMR's Transportation business has surface transport projects including roads, railways, metros, and airstrips/runways in both DBFOT (under GMR Highways) and EPC (under GIL – EPC) segments. In roads and highways, GMR is a leading developer with 6 operating assets adding to the total length of over 2,400 lane km. In railways, GMR has a total order book of 4,000 Crores with projects from clients like Dedicated Freight Corridor Corporation of India (DFCCIL) and Rail Vikas Nigam Limited (RVNL).
GMR has forayed into sports by promoting the Indian Premier League (IPL) cricket team – Delhi Capitals and Pro Kabaddi League – UP Yodha.
Delhi Capitals
The Delhi Capitals was established in 2008 as Delhi Daredevils (DD). The franchise is jointly owned by the GMR Group and JSW Group. In 2023, they also jointly bought a team in the Women's Premier League based in Delhi.
UP Yoddha
UP Yoddha (UPY) is a Kabaddi team based in Lucknow, Uttar Pradesh that plays in the Pro Kabaddi League.
Seatlle Orcas
The Seattle Orcas were founded in 2023 and compete in the Major League Cricket (MLC). They were runner up in 2023.
1Sports
GMR Varalakshmi Foundation (GMRVF), [14] the Corporate Social Responsibility wing of the Group, develops innovative and locale-specific initiatives in the areas of Education; Health, Hygiene & Sanitation; Empowerment & Livelihoods; and Community development programmes.
GMR Engineering College
Indira Gandhi International Airport is the primary international airport serving New Delhi, the capital of India, and the National Capital Region (NCR). The airport, spread over an area of 5,106 acres (2,066 ha), is situated in Palam, Delhi, 15 km (9.3 mi) southwest of the New Delhi Railway Station and 16 km (9.9 mi) from New Delhi city centre.
Thiruvananthapuram International Airport, is an international airport that serves Thiruvananthapuram, the capital city of Kerala, India. Established in 1932, it is the first airport in the state of Kerala and the fifth international airport of India, officially declared in 1991. It is the operating base of Air India and Air India Express. The airport, spread over an area of 800 acres (320 ha), the airport is approximately 3.7 km (2.3 mi) due west from the city centre and the Padmanabhaswamy Temple, 16 km (9.9 mi) from Kovalam beach, 13 km (8.1 mi) from Technopark and 21 km (13 mi) from the under-construction Vizhinjam International Seaport. It shares a visible proximity to Shankumugham Beach making it the nearest airport to a water body in India as it is, just about 0.6 miles away from the Arabian Sea. It is also the southern most international/domestic airport in the Indian subcontinent.
Reliance Infrastructure Limited (R-Infra), formerly Reliance Energy Limited (REL) and Bombay Suburban Electric Supply (BSES), is an Indian private sector enterprise involved in power generation, infrastructure, construction and defence. It is part of the Reliance Group. The company is headed by its chairman, Anil Ambani, and chief executive officer, Punit Narendra Garg. The corporate headquarters is in Navi Mumbai. Reliance Infrastructure's interests are in the fields of power plants, metro rail, airports, bridges, toll roads, and defence. It is a major shareholder in the other group company, Reliance Power and Reliance Naval and Engineering Limited.
Begumpet Airport is an airport that serves Hyderabad in Telangana, India. It is located in Begumpet and caters to general and military aviation. The airport is home to the Begumpet Air Force Station of the Indian Air Force. Begumpet was built by the Princely State of Hyderabad in the 1930s and served as the city's commercial airport for several decades. It eventually became overcrowded, with little room for expansion. After the opening of Rajiv Gandhi International Airport in Shamshabad on 23 March 2008, Begumpet ceased all commercial operations.
Hyderabad, the capital and largest city of Telangana, features a growing transportation infrastructure that includes a network of roads, railways, and a developing rapid transit system. These transportation systems play a crucial role in connecting the city's residents and facilitating efficient travel within Hyderabad and its surrounding areas. Furthermore, Hyderabad serves as a significant center for transportation and logistics, playing a crucial role in facilitating the seamless movement of goods and services within the state.
Rajiv Gandhi International Airport is an international airport that serves Hyderabad, the capital of the Indian state of Telangana. It is located in Shamshabad, about 24 kilometres (15 mi) south of Hyderabad and it was opened on 23 March 2008 to replace Begumpet Airport, which was till then the sole civilian airport serving Hyderabad. It is named after Rajiv Gandhi, former Prime Minister of India. Built over an area of 5,500 acres (2,200 ha), it is the largest airport of India by area. It is owned and operated by GMR Hyderabad International Airport Limited (GHIAL), a public–private consortium. It was the first airport in India to launch domestic e-boarding facility in December 2015 and international e-boarding facility in October 2020. It has ranked in AirHelp's list of top 10 airports in the world. The fourth busiest airport in India by passengers traffic, it handled over 25 million passengers and around 150,000 tonnes of cargo between April 2023 and March 2024.
Gajwel, officially Gajwel–Pragnapur, is a town and a municipality in Siddipet district of the Indian state of Telangana. The jurisdiction of the civic body is spread over an area of 49.00 km2 (18.92 sq mi). Gajwel, located about 53 km from Hyderabad on the Rajiv highway, is one of the fastest-developing towns in Telangana. It serves as a major political center and is the home constituency of the former Chief Minister of Telangana, K. Chandrashekar Rao. Gajwel has seen development in various sectors, including infrastructure projects like the Outer Ring Road (ORR) construction. The ORR, spanning approximately 21.92 kilometers, connects Gajwel with cities such as Hyderabad, Nagpur, Mumbai, Pune, and Nizamabad, improving connectivity and facilitating smoother travel.
Navi Mumbai International Airport is an international airport being constructed in Ulwe, Navi Mumbai, Raigad district, Maharashtra, India. When completed, it will become the second airport of the Mumbai Metropolitan Region, serving alongside Mumbai's existing Chhatrapati Shivaji Maharaj International Airport.
The Hyderabad Metro is a rapid transit system, serving the city of Hyderabad, Telangana, India. It is the third longest operational metro network in India after Delhi Metro and Namma Metro (Bengaluru), and the lines are arranged in a secant model. It is funded by a public–private partnership (PPP), with the state government holding a minority equity stake. Hyderabad Metro is the world's largest elevated Metro Rail system based on DBFOT basis. A special purpose vehicle company, L&T Metro Rail Hyderabad Ltd (L&TMRHL), was established by the construction company Larsen & Toubro to develop the Hyderabad metro rail project.
Noida International Airport, also known as Jewar Airport, is an upcoming international airport being constructed near Jewar in Gautam Buddha Nagar district, Uttar Pradesh, India, which will serve the National Capital Region (NCR). The airport is situated in the new planned YEIDA city.
Miyapur, located 22.5 kilometres (14.0 mi) northwest of Hyderabad in India, is part of Greater Hyderabad and administered by GHMC and developed by HMDA. Transportation is managed by UMTA.
Grandhi Mallikarjuna Rao is a mechanical engineer, billionaire industrialist, the founder chairman of GMR Group, a global infrastructure developer and operator based in India. Started in 1978, GMR Group is now present in 7 countries, active in energy, highways, large urban development and airports sectors, known for building and operating world-class national assets.
Kokapet is an emerging commercial and residential hub in Ranga Reddy District in Telangana, India. This place falls under Kokapet Special Economic Zone (Neopolis) and is as one of the most expensive commercial and residential locations in the western part of Hyderabad. It falls under Gandipet Mandal. It is three kilometres away from Gandipet and close to Rajiv Gandhi International Airport; it is almost an extension of Financial District and in the vicinity of the IT hub. High-rise towers will come up at Neopolis Kokapet. Hyderabad-based My Home Group is firming up plans for a 30-35 million sq feet project at a cost of around $2 billion at Kokapet to build one of the largest private IT parks in India. The project is being developed as a premium business district on the lines of Gurugram’s Cyber Hub that was developed by DLF. The commercial project being developed on an 80-acre plot, will comprise a combination of SEZ and non-SEZ development along with MICE tourism, star hotel, retail and entertainment facilities. The layout development is proposed with seamless connectivity to the Outer Ring Road by construction of Trumpet Interchange at Kokapet layout and additional entry and exit to the ORR at Narsingi. OKOS Gokarting is also located in Kokapet. A Mass Rapid Transit System (MRTS) is being planned in Kokapet area. The earlier proposed elevated bus rapid transit system (EBRTS) project, also known as Metro Neo from Kukatpally Housing Board (KPHB) to Narsingi covering the IT corridor like Kokapet has been put in cold storage by Government of Telangana.
The aircraft maintenance industryin India was worth US$800 million in 2011 and is expected to grow to over US$1.5 billion by 2020. However, currently India constitutes 1 percent of the global maintenance, repair, and operations (MRO) market, worth US$45 billion.
Alluri Sitarama Raju International Airport is an international airport and a greenfield airport under construction at Bhogapuram in the Vizianagaram district. The airport is operated by GMR Visakhapatnam International Airport Limited. The airport is named after Indian Independence revolutionary and freedom fighter Alluri Sitarama Raju.
Rajiv Gandhi National Aviation University (RGNAU) is an autonomous central university at Fursatganj Airfield in Uttar Pradesh, India, for aviation studies and research. It is under the administration of the Ministry of Civil Aviation of the Government of India, constituted by an Act of Parliament in 2013 and physically established in 2018. It is India's first aviation university.
Manohar International Airport, is an international airport at Mopa in Pernem taluka, North Goa district in the state of Goa, India. It serves North Goa and the adjoining districts of Karnataka and Maharashtra, and as a second airport of Goa after Dabolim Airport in Dabolim.
Mactan–Cebu International Airport (MCIA) is the main international airport serving Metro Cebu and serves as the main gateway to the Central Visayas region in the Philippines. Located on a 797-hectare (1,970-acre) site in Lapu-Lapu City on Mactan, it is the second busiest airport in the Philippines. Opened on April 27, 1966, the airport serves as a hub for Philippine Airlines, and as an operating base for Cebu Pacific, Philippines AirAsia, and Sunlight Air.
Hindon Airport, also spelled Hindan Airport, is a commercial domestic airport and an Indian Air Force base in Ghaziabad, Uttar Pradesh, India, operated by the Airports Authority of India at Hindan Air Force Station of the Indian Air Force. It is the second commercial airport serving the National Capital Region after Indira Gandhi International Airport in Delhi and 20 km from Connaught Place.
The Hyderabad Airport Express Metro or Corridor IV was a planned Hyderabad Metro line from Raidurg metro station to Rajiv Gandhi International Airport. The total length of the line is 31 km (19 mi). Hyderabad Airport Express Metro is fully funded by Government of Telangana through the engineering, procurement and construction (EPC) mode. As of December 2023, Union Government is yet to provide in principle approval for this project.