Live
- We expected better results in Maha polls: Congress
- Jana Sena Party Celebrates Sathya Sai Baba's 99th Birthday with Community Service Initiatives
- Jana Sena Party Celebrates Sathya Sai Baba's 99th Birthday with Community Service Initiatives
- Experience the Best Human Hair Extensions with Gemeria
- Advanced F&O strategies for experienced investors - Straddles, strangles, Iron condors
- Dr. Harikiran Chekuri suggests that a hair transplant can help regain hair growth to reclaim confidence and self-esteem
- Chandrababu Praises Mahayuti Alliance for Maharashtra Assembly Elections win
- Where Drops Define Destiny: The Elite Chronicles of IPC's 30th Revolution
- Aahwahan Foundation Launches “Sapnon Ke Sawari” Initiative to Empower Differently-Abled Individuals
- Are Market-linked Plans Suitable for First-time Investors?
Ark Group aims high, eyes 5k crore top line
City-based Ark Group, which is into infrastructure and real estate segments, is aiming high with an objective of increasing its top line by multi-fold to Rs 5,000 crore by the fiscal 2030. The group currently has an annual run rate of Rs 100 crore.
Hyderabad: City-based Ark Group, which is into infrastructure and real estate segments, is aiming high with an objective of increasing its top line by multi-fold to Rs 5,000 crore by the fiscal 2030. The group currently has an annual run rate of Rs 100 crore.
"We know it is not an easy task to increase our turnover by 50 times in next 10 years, but we are confident of achieving the goal given our credentials as a company that sticks to its core values and maintains high quality standards," Gummi Ram Reddy, Chairman and Managing Director, Ark Group, told the media here.
Reddy founded Ark Group on a modest scale and with a small contract of Rs 1.5 lakh. The group has grown manifolds over the years with presence in real estate and construction of infrastructure for industrial and commercial use. It also built premises for several established engineering colleges.
The group is into agriculture as well, especially organic cultivation. The group will unveil its Vision 2030 later this week to mark its 30th anniversary celebrations.
"Real estate projects account for 50 per cent of our business and infrastructure development projects make up the remaining 50 per cent.
Going forward, we will focus more on infrastructure projects in addition to diversifying into construction-related activities where we have no presence now," Reddy explained.
Ark executed several real estate projects in Hyderabad and Bengaluru. Besides, it has undertaken construction contracts in AP, Telangana, Maharashtra, Tamil Nadu, Goa and Karnataka. It plans to go national in this space.
G Meghna, group's CEO, said Ark will employ more people as it grows. "We have 100 people working for us now. We expect this to increase to over 2,000 people when our turnover touches Rs 5,000 crore. We owe our success to our employees and loyal customers," she said.
Sarala Gummi, Director, Ark Group, underlined the need for taking up organic cultivation to reduce food contamination. She looks after Sarag Agro Farms, a part of the group.
