>AnomieBOT at 10:08, 13 October 2021

2021-10-13T10:08:46Z

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{{Use dmy dates|date=June 2018}}
{{Use Indian English|date=June 2018}}
{{Short description | Indian conglomerate based in New Delhi}}
{{more citations needed|date=September 2021}}

{{Infobox company
| name = GMR Group
| logo = GMR Logo.svg
| type =
| genre =
| fate =
| predecessor =
| foundation = {{start date and age|1978}}
| founder = [[Grandhi Mallikarjuna Rao]]
| defunct =
| location_city = [[New Delhi]]
| location_country = [[India]]
| location =
| locations =
| area_served =
| key_people = G M Rao <br> Srinivas Bommidala <br> GBS Raju <br> Kiran Kumar Grandhi <br> BVN Rao
| industry = Conglomerate
| services = Airports, Energy, Highways and Urban Infrastructure Development
| operating_income =
| net_income =
| aum =
| assets =
| equity =
| owner =
| parent =
| divisions =
| subsid =
| homepage = {{url|https://www.gmrgroup.in/}}
}}

'''GMR Group''' is an [[India|Indian multinational]] [[Conglomerate (company)|conglomerate]] headquartered in [[New Delhi]]. The group was founded in 1978 by Mr. [[Grandhi Mallikarjuna Rao]] (G M Rao) and comprises of several companies including GMR Infrastructure, GMR Energy, GMR Airports, GMR Enterprises etc. 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 [[Nepal]], [[Indonesia]], [[Singapore]], [[Philippines]] and [[Greece]].<ref>{{Cite web|url=https://www.livemint.com/Companies/M3qegpjqL5GPVa3NSiXGMI/GMR-wins-rights-to-build-new-airport-in-Greece.html|title=GMR Airports wins rights to build a new airport in Greece|last=Shukla|first=Tarun|date=2017-06-07|language=en|access-date=2019-12-05}}</ref>

GMR Group owns, develops, operates and manages airports, major energy utilities, highways and urban infrastructure facilities. With a net asset base of nearly US $6 billion, GMR Group is one of the largest infrastructure development companies in India.

==Background==
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.<ref>{{Cite web|url=https://timesofindia.indiatimes.com/business/india-business/GMR-boss-pledges-340m-for-education/articleshow/7767447.cms|title=GMR boss pledges $340m for education - Times of India|website=The Times of India|access-date=2019-12-05}}</ref>

The company started with Agri-based industries like Jute, Sugar, Breweries and slowly moved in the Infrastructure space over the past decade. Now the GMR group interests lie in areas of Airports, Energy, Highways and Urban Infrastructure.{{cn|date=September 2021}}

GMR Infrastructure Limited is the infrastructure holding company formed to fund the [[capital requirement]]s of various infrastructure projects across the sectors. It undertakes the development of the infrastructure projects through its various subsidiaries.{{cn|date=September 2021}}

==Business==
===Airports===

GMR Group entered the airports development space in 2003.{{cn|date=September 2021}}

GMR Group’s airport portfolio comprises India's busiest Delhi International Airport and Hyderabad International Airport in India and Mactan Cebu International Airport in The Philippines. The portfolio has further expanded by bagging the rights for developing the new Greenfield Airport in Goa, India in 2016 and New Heraklion International Airport in Greece in 2017. Besides this, the Group has recently been awarded the concession for the development, operations and management of Bhogapuram Airport in Andhra Pradesh. In the year 2020, the group has signed the concession agreement to commission, operationalize and maintain the Civilian Enclave at the Bidar Airport in Karnataka. As a pioneer in implementing the path-breaking Aerotropolis concept in India, GMR Group is developing very unique airport cities on the commercial lands available around its airports in Delhi, Hyderabad and Goa. GMR has recently announced the launch of GMR Aerocity at Hyderabad.{{cn|date=October 2021}}

In July 2020 [[Groupe ADP]] acquired a 49% stake in GMR Airports.<ref>{{cite web |title=Groupe ADP acquires 49% stake in GMR Airports with revised conditions |url=https://www.itln.in/groupe-adp-acquires-49-stake-in-gmr-airports-with-revised-conditions-aviation |website=itln.in |access-date=2020-07-08 |date=2020-07-08}}</ref>

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 in Delhi Airport in India and Cebu-Mactan in Philippines. The plan includes the expansion of terminal handling capacity, 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.<ref>{{cite web |title=GMR to transform Nagpur Airport into a modern aviation hub |url=https://www.thehindubusinessline.com/companies/gmr-to-transform-nagpur-airport-into-a-modern-aviation-hub/article36012383.ece |website=The Hindu Business Line |access-date=2021-08-20}}</ref>

=== GMR Services Business ===

GMR Services Business vertical offers specialized services in the field of airport development and operations, which includes aviation consultation, engineering and maintenance, operations management, security solutions{{solution-inline|date=October 2021}}, and staff training.{{cn|date=September 2021}}

==== GMR Aviation Academy ====
GMR Aviation Academy (GMRAA) was established at the Rajiv Gandhi International Airport,Shamshabad, Hyderabad in 2009.

==== GMR Aviation ====
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.{{cn|date=September 2021}}

==== RAXA Techno Security Solutions ====
RAXA Techno Security Solutions, provides security solutions{{solution-inline|date=October 2021}} and is one of the first security organizations in the country to be certified with ISO 18788:2015.The academy provides techno security solutions{{solution-inline|date=October 2021}} and services like cyber security, automation & system integration, events management, executive protection, drone based service, etc.<ref>{{Cite web|url=https://www.thehindubusinessline.com/info-tech/raxa-forges-strategic-partnerships-with-international-solution-providers/article34274766.ece|title = RAXA forges strategic partnerships with international solution providers}}</ref>

==== GMR Engineering and Management Services (GEMS)====

GMR Engineering and Management Services (GEMS), is a provider of engineering and management services and has been in operation for the last 15 years.

===Energy===

GMR Group is a player in the Indian power sector with an installed capacity of 3200 MV. 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.

=== Urban Infrastructure ===
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.<ref>{{Cite web|url=https://www.freepressjournal.in/business/airports-operator-gmr-plans-to-put-non-core-assets-land-on-sale|title = Airports operator GMR plans to put non-core assets, land on sale}}</ref>
The SIR is designed and developed by GMR as self-contained eco-systems for economic activity.

=== Transportation ===
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 reputed clients like Dedicated Freight Corridor Corporation of India (DFCCIL) and Rail Vikas Nigam Limited (RVNL).

=== Sports ===
GMR has forayed into sports by promoting the [[Indian Premier League]] (IPL) cricket team – [[Delhi Capitals]] and [[Pro Kabaddi League|Pro Kabaddi]] League - [[UP Yoddha|UP Yodha.]] It also owns the Johannesburg Team in SA GLOBAL T20 LEAGUE . GMR Hyderabad International Airport wins the ‘Golden Peacock Business Excellence Award 2017’<ref>{{Cite web|url=https://indtoday.com/gmr-hyderabad-international-airport-wins-the-prestigious-golden-peacock-business-excellence-award-2017/|title=GMR Hyderabad International Airport Wins the Prestigious 'Golden Peacock Business Excellence Award 2017'|date=2017-04-25|website=INDToday|language=en-US|access-date=2019-12-05}}</ref>

'''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.

'''UP Yoddha'''

UP Yoddha (UPY) is a Kabaddi team based in Lucknow, Uttar Pradesh that plays in the Pro Kabaddi League.

=== GMR Varalakshmi Foundation ===
GMR Varalakshmi Foundation (GMRVF),<ref>{{Cite web|url=https://www.gmrgroup.in/foundation/|title=Varalakshmi Foundation, the CSR arm of the GMR Group|website=www.gmrgroup.in|access-date=2019-12-05}}</ref> 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.

==References==
{{reflist}}

{{Nifty 200 companies}}

[[Category:Conglomerate companies of India]]
[[Category:Companies based in Delhi]]
[[Category:Indian companies established in 1978]]
[[Category:1978 establishments in Delhi]]
[[Category:Conglomerate companies established in 1978]]

GMR Group - Revision history

>AnomieBOT at 10:08, 13 October 2021