Leading Mid-Corporates of India 2021

11 Experts' View Leading Mid-Corporates of India 2021 How would you describe the journey of your company since its inception? What are some of the key milestones of the company in recent years? URC Construction is one of the few construction companies that can lay claim to a legacy of over 7 decades, founded in 1956 at Erode. We are a premium engineering, construction and project management company based in India. All along our growth was Steady, Strong and Straight forward. As our country was growing, we were also growing along with the it, and giving more focus on the sectors where the nation’s development reliable on and we were equipping ourselves to be a part of it as well. We have our operations in the various sectors such as Metro, Railways, Airports, Buildings & Factories, Energy, Water & irrigation and Bridges & Road. We have the reputation of getting the job done on time, and within budget. The last decade has seen record revenues making us one of the major players in this field and thus, we can now proudly say, that URC is one among the top 25 Construction Industries in India. URC Construction Private Limited C Devarajan Managing Director What challenges did your company face during the pandemic? What modernization techniques did your company embrace to steer through the crisis? During Pandemic, URC has established a Covid-Camp for the workers who are working at our site to get the proper facility and hospitality. Even though, Covid was an unexpected and an uncertain thing that happened, our Engineers, and Project Managers stood the challenges and stayed back at the sites for nearly 40 days in order to make sure that, whether every worker is getting the proper and right treatment or not. Our Managers and Engineers cooperated well and helped a lot to overcome this difficult situation. We have conducted vaccination camps in almost major of our sites and every month our top management is very keen about following up the data of the percentage of vaccination completed and tracking the same to achieve the 100% vaccinated working environment. In spite of the pandemic situation in the projects, we have paid wages to the workers, in such a way that, it conveys our assurance to help and stand by them whenever they need it. This is how our entire organisation has stood as a single entity and helped each other to overcome this uncertainty. What is your outlook on the infrastructure sector? What is your company’s growth? strategy for next 3-5 years? The outlook for the construction industry globally, we are number two in the way our government is planning to invest in the infrastructure to rekindle the economy and the initiative that is been taken by our government with respect to opening a separate bank for infrastructure business. Government is very keen to deliver the projects on time, so there cannot be a better situation than this for any construction entity. So, government when it is willing to take over its facility as soon as possible, we will be encouraged to complete the projects on time. URC as on today Oct’ 1st 2021, we have 2200 crore worth of orders and we are continuously participating in tenders and venturing into countries like Maldives, Sri Lanka and Bangladesh where we had quad agreement with America, Australia, Japan and all of us had dedicated 400 billion worth of infrastructure projects in the South East Asian countries, where India has been given the responsibility to hold it and drive it. So, for us it is a great opportunity to prove ourselves in this field. Banks are also coming up with flexibility and relaxed conditions where they are supporting performing companies, so as a company where there were no issues for the past 65 years with respect to the banking relationship and we are getting the best of the support from them. Dun & Bradstreet