Maytas Infra Ltd, Hyderabad based infrastructure major has bagged the 'Fastest Growing Construction Companies in India' award. Maytas Infra is ranked first amongst several other participating construction companies in the large size category. The award is based on a study carried out by the leading construction magazine Construction World and will be published in its Construction World Annual 2008 issue.
Maytas Infra has been awarded this title for the third year consecutively - 2006 - Small size category 2007 - Medium size category; and now 2008 - Large size category.
The award was presented to Mr. P K Madhav, CEO, Maytas Infra by Chief Guest, Maharashtra Minister for Public Works, Anil Deshmukh amidst an august gathering of captains of the industry, bankers, bureaucrats and technocrats.
Commenting on the occasion, Mr. P K Madhav, CEO of Maytas Infra said, "Our focus of being a technology driven and process centric organization has enabled us to grow at a rapid pace. This award is a testimony to the progress we have made over the years and It gives us great pleasure to be a recognized as a leader in the segment".
Construction World is the only organization carrying on the process of ranking and awarding the industry participants over the past six years thereby fulfilling its mission of raising the standards of excellence in the industry. It regularly ranks and then awards architects, builders, contractors, building material manufacturers and equipment companies. The criteria for selecting the winners are based on last five years average of factors like Revenue, Profit After Tax, Assets, and Equity.