Hindustan Construction Co Ltd

HCC is an integrated group spanning Engineering & Construction, Real Estate, Infrastructure and Urban development & Management. The HCC group of companies comprises HCC Ltd (Engg & Construction), and its subsidiaries HCC Real Estate Ltd, HCC Infrastructure Ltd, Lavasa Corporation Ltd. and Karl Steiner AG, a recent acquisition in Switzerland.

Founded by Industrialist Seth Walchand Hirachand in 1926, HCC today commands high respect amongst its clients, partners and industry leaders, having executed a majority of India's most challenging infrastructure projects. The Company has constructed more than 25% of India's hydro power and over 50% of India's nuclear power generation capacities. Projects executed across India bear HCC's hallmark of world-class innovation, from Roads & Expressways, Tunnels, Bridges, Dams and Barrages, to India's first and longest open sea Cable-Stayed Bridge in the country's commercial capital, Mumbai.

Being the first construction company in India to establish and implement ISO certified Quality, Occupational Health & Safety and Environment management systems and robust Corporate Governance norms, HCC has also achieved the fastest implementation of SAP-ERP across all its diverse project construction locations, even at record breaking altitudes of over 11,000 feet in the Himalayan ranges.

By investing in a fleet of ultra-modern equipment in an otherwise labor-intensive sector, and by joining hands with international construction majors to form tactical joint ventures, HCC has ensured the speedy adaptation of the latest technologies and construction techniques for its projects. Bearing fruits to these efforts, HCC's turnover over the last 5 years grew at an impressive CAGR of 17 % and the order book as of March 2010 was Rs. 18,810 crore (USD 4.18 billion).

Corporate Responsibility remains intrinsic to HCC, encompassing HIV, Education, Water, and Disaster Management initiatives. With a view to create a greater AIDS awareness in the industry, the company has been instrumental in launching a Work Place Intervention (WPI) program, covering more than 21,000 construction workers across HCC's countrywide project locations.

In line with its commitment to making water sustainability and stewardship a corporate priority, HCC is the only Company in India which endorses the United Nations Global Compact's CEO Water Mandate of which its Chairman & Managing Director Mr. Ajit Gulabchand is a signatory, joining business leaders around the world in urging key governments to take action in a number of areas - Direct Operations; Supply Chain and Watershed Management; Collective Action; Public Policy; Community Engagement; and Transparency.

HCC's most important asset is its talented manpower, which is committed to construction standards of the highest quality. The group has a knowledge asset of more than 3,000 officers, including approximately 2,000 engineers; and employs more than 35,000 workers at its 50 project sites across India.