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| Industry | Conglomerate |
|---|---|
| Founded | 1978 |
| Founder | Grandhi Mallikarjuna Rao |
| Headquarters | , India |
Key people |
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| Services |
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| Website | www |
GMR Group is an Indian multinational conglomerate headquartered in New Delhi. The group was founded in 1978 by Grandhi Mallikarjuna Rao and comprises several companies including GMR Infrastructure, GMR Energy, GMR Airports, and GMR Enterprises. Employing the public-private partnership model, the Group has implemented several infrastructure projects in India. The Group also has a global presence with infrastructure operating assets and projects in several countries including Philippines and Greece.[1]
GMR Group owns, develops, operates, and manages airports, major energy utilities, highways, and urban infrastructure facilities. With a net asset base of nearly US$25 billion, it is one of India's largest infrastructure development companies. GMR Group is famous for operating the Indira Gandhi International Airport in Palam, Delhi.
As per the Forbes list of India’s 100 richest tycoons, dated OCTOBER 09, 2024, G. M. Rao is ranked 78th with a net worth of $3.99 Billion.[2]
- ^ Shukla, Tarun (7 June 2017). "GMR Airports wins rights to build a new airport in Greece". Retrieved 5 December 2019.
- ^ "India's 100 Richest".