Posts Tagged ‘ Tata Projects ’

India Shining – Construction projects abroad

Gulf news featured an article recently about how Reliance has won a project in the USA for working out GAS processing of a huge Gas deposit along with Atlas Energy. India’s Reliance Industries will join hands with Atlas Energy and pick up a 40 per cent stake in Atlas’s operations in the Marcellus Shale. This natural gas project could hold enough natural gas to satisfy US demand for a decade. The project spans parts of Pennsylvania, West Virginia and New York.

Reliance, controlled by billionaire Mukesh Ambani, has been working hard to expand its presence outside India, break into new markets and broaden its various businesses including refining, oil and gas exploration and petrochemicals. I started discussing the same with my friends here, and together we realized that it seems to be like a small trend that is growing.

India has been known for a long time for its software exports as well as agricultural produce, the technology sector including hardware design with the Notion Ink and the Pi also seem to be racing ahead. But a lesser known sector of construction, EPC Contractors (i.e. Engineering, Procurement and Construction) is slowly but surely making its presence felt around the world. Snooping around the internet I found wuite some good examples of companies from India making a mark abroad in EPC.

Starting with Dubai, Dubai’s construction market is mostly comprised of South African companies, but the Electrical engineering world is dominated completely by ETA, a company based in Dubai but owned and operated by a huge Indian work force. Larsen & Tubro are making their presence felt, so is Voltas. Punj Lloyd, Tata Projects and Reliance are now taking major strides in taking over the Dubai Construction scene. The middle east is checkered with projects from the above companies. Moving along, the Indian companies are getting into markets like Europe and Africa at large. Reliance’s entry into US is a good sign.

Having such world class Indian Companies working the ambitions of Indian Architect and developers is making the developments in India world class as well. What still eludes me is why Indian Infrastructure is still so bad ?????