Whatever may be the debacles in the worldwide construction industry, on account of the ongoing downturn and its perilous effects, the Indian construction sector is still upbeat and is continuing with latest plans and their implementations. You may be skeptical thanks to the ghastly experiences in the West, some Indian organizations are in full swing. Take for instance Ahluwalia Contracts India, which is a leading civil construction conglomerate. The company ahs come up with the annunciation of its triumph in acquiring a contract worth Rs 219.23 crore from National Building Construction (NBCC), New Delhi.
The information came to the fore owing to the communiqué of the company to Bombay Stock Exchange. It stated through the statement that it has been able to have the order for constructing a hospital building, medical college and hostels for boys and girls. It has also been learnt that, as per the contract, Ahluwalia Contracts India would construct an administration building and residential complex for doctors and nurses, a club and a cafeteria as well. Shares of Ahluwalia Contracts India settled at Rs 51.35, up 4.90 per cent on Bombay Stock Exchange (BSE).
Ahluwalia Contracts (India) Limited (ACIL) is an ISO 9001 - 2000, ISO 14001:2004 and OHSAS 18001:1999 company, with accreditation from DNV. ACIL. The company has a rich history of over 40 years in the construction industry in India and abroad in an assortment of areas of infrastructure development, proficient in undertaking both government and private sector contracts, and has already set high standards in gratifying the special needs and demands of every project.
In addition, ACIL has widespread experience in the delivery of publicly funded projects for local, state, and central governments. It is structured to deliver these projects in an atmosphere of trust and rigorous scrutiny. Government bodies have found ACIL to be responsive to their needs for accountability and fairness, while constructing complex projects in a cost-effective and timely manner.
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