What Transstroy stands for?

Transstroy denotes Infrastructure

Globally. Transstroy has demonstrat-
ed its leadership capabilities across
sectors . Well Known for "World Class
Executional skills with Execeptional
Planning and Timely Completion of the
projects. Transstroy had made a
strong footprint in Indian Infra Space
and poised to take off global projects
which are going to speak volumes of
enterprise value.
In the near future it is going to be
among the top five infra companies in
South India. Top Notch Human
Resources Blended with Precision and
Ethical Values have been the underlin-
ing Assets of Transstroy. Going for-
ward Transstroy is going to be Become
of Indian Infrastructure space. Within
a short span it has evolved as major
force in Infra Arena known for its
World ClassQuality Blended with Time
Managemnt.
Of all the projects Transstroy
has implemented, which one,
according to you, was the
most challenging and why?
The most challenging as well as inter-
esting project for Transstory is the
Outer Ring Road for Hyderabad city
which aims to decongest the increas-
ing traffic. The Phase 01 is a 24 KM
stretch divided into two parts i.e from
Gachibowli to APPA junction and from
APPA junction to Shamshabad). The
estimated project cost is INR 280
Crores. There are a lot of challenge in
land acquisition, structural designs,
project management and finally co-
ordinating with various authorities of
the Government and financial institu-
tions. It has been a great experience
to work on this prestigious project for
Andhra Pradesh. This ORR will an
eight-lane road with international
standards and quality Access con-
trolled expressway through on either
sided 2 lane service Roads. As Lane II
Road it's Covered 280 KMS. It will not
only decongest the traffic for the city
of Hyderabad, but also creates new
satellite townships, business centers
and will have a profound socio-eco-
nomic impact.
Are all your completed projects
Andhra Pradesh-based or have
you done projects all over India?
The company has morphed into BOT road
projects as a developer and operator in
four states namely Andhra Pradesh,
Tamilnadu, Kerala, Karnataka and Madhya
Pradesh. Transstroy has created capability
in strengthening, widening, diversions,
toll plaza etc in various National
Highways (NH) and State Highways (SH)
and projects funded by multi-lateral agen-
cies like ADB, World Bank. We aim to
have all India presence in road,irrigation
and other infrastructure sectors in the
next five years. It also give diversity to our
project portfolio by minimizing risk.
Can you give a brief on the on-
going projects of Transstory?
Currently Transstory has strong pres-
ence in irrigation and road sector.
As on date, Transstory India has an order
book of about Rs 1785 Crore in three
major irrigation projects. They are a)
Package M 18 - Construction of Sri
Komaram Bheem Project (peddavagu
project) b) Package No.33 - Construction
of Changallu Barrage-AP c) Dr.
Ambedkar Pranahitha - Chevella lift irri-
gation scheme - package No.24. First
two projects are expected to be com-
pleted by FY 11 whereas the third one
will be completed by FY 14.
In the road sector, we have bagged five
Build-Operate-Transfer (BOT) projects
from NHAI and State Governments. The
total order book from these BOT projects
amount to Rs.1763 Crore and is expect-
ed to be executed by FY 14. Out of them
two are BOT annuity projects and three
are Toll Road projects. The company is in
the process of bidding more BOT proj-
ects to make it as a major source of sta-
ble cash flow for the future.
Infrastructure, your core busi-
ness demands high quality exe-
cution. Also some projects are
Government -related and hence
will have high accountability.
What are the methods &
processes in place so as to
ensure maximum quality?
Indian infrastructure is currently on the
path of one of the brightest periods of
growth, and governmental policies and
processes are bound to be directed
towards the common goal of achieving
international standards. Hence it is
expected that the new infrastructure
will be of better quality and environ-
mental friendly. Better quality will
enhance the competitiveness and better
longevity of the infrastructure assets.
We, at Transstory, strive our best to cre-
ate better quality infrastructure assets
with world-class quality standards. We
are an ISO 9001 company.
You have business interests in
areas ranging from
Infrastructure to Irrigation -
how do you effectively manage
this?
We strongly believe in utilizing our
assets (man and machines) effectively
and efficiently to get a better output and
productivity. Human Capital is the great-
est asset for our organization.
Transstory aims to make every employee
be a part of its success story. Our com-
pany follows an effective internal com-
munication system for better co-ordina-
tion among various departments and
employees of theses respective depart-
ments. We think we have been success-
ful in creating an atmosphere of opti-
mism, teamwork and creativity with eth-
ical conduct where our people can fore-
see their personal and professional
growth trajectory. This creates better
co-ordination and communication in our
project management process. These sys-
tem and procedures helps us in handling
diversified project base starting from
irrigation, roads to complex construc-
tions.
Infrastructure business normal-
ly cut across national borders.
Have you taken up any
International assignments?
Till now, Transstory has been trying its
best to create a national level footprint
in the infrastructure sector. Now, we
have some prestigious infrastructure
projects in our kitty. During early days
our focus was only in the state. Now we
have got presence in five states in India.
With these experiences we have got
credentials and eligibility to participate
in bigger projects in India as well as
overseas. So in future, we are definitely
interested to bid for overseas projects
and mega projects. Also our overseas
partners will help us bidding for cross-
border projects.
Any company needs to invest
both in man & machine. Modern
Technology induces them to
spend more in machine. How
Transstroy deal with it?
We strongly believe in utilizing our
assets (man and machines) effectively
and efficiently to get a better output and
productivity. Human Capital is the great-
est asset for our organization. I have
already explained in question 6. We con-
tinuously innovate to achieve a cost
effective and time bound solution in our
projects by using modern technology
and human capabilities.
What is your opinion on the
standards of Indian
Infrastructure Industry vis a vis
that of developed countries?
Government has tried to ensure a better
quality in commensuration with interna-
tional standards, safety and eco-friend-
liness. Hence these parameters are
included in the tender documents during
bidding process. But not all the projects
are of international standards as we
have to give an optimal solution with
our budget constraints. It will take time
to build infrastructure sector like that of
in UK or USA. We in India have created
some world-class infrastructure projects
like Rajiv Gandhi International Airport,
Bandra-Worli Sea link, Mumbai-Pune
Highway etc.
For a developing country like
India which is poised to become
a superpower, what kind of poli-
cies do you think that the gov-
ernment needs to implement to
take this industry to the next
level?
As everyone knows, infrastructure
assets are capital intensive with have
high gestation period. They are highly
leveraged in terms of debt financing. In
the today's world, there is no dearth of
projects in these sectors. In my opinion,
some vital points the government needs
to look at are:
Availability of finance:
Infrastructure projects should get
better financing terms in terms of
life and interest rates.
Policies to be introduced which will
reduce the cycle time of project
award and ensure a greater trans-
parency in the project selection
process.
Proper monitoring agencies to mon-
itor the asset in terms of perform-
ance so that Government should
ensure a down-side protection for
the investor.
Introduce innovative scheme of
financing to make infrastructure
projects in rural India more viable
to attract investors for financing.
As some rural India projects
which are necessary for the
regional development may not be
viable commercially.
What are future plans of
Transstory ?
To become top five companies in the
infrastructure sector in India with
spreading our wings across other sec-
tors like energy, ports, airports and
urban infrastructure.
Mr. Shridar Cherukuri, CEO & MD of Transstroy (India) Ltd., shares his thoughts on the path
that Transstroy sailed & challenges faced during its journey to become one of the leading
names in the infrastructure industry