Yash Birla Group has entered into the infrastcructure space, after acquiring Kolkata-based Aircon Engineering Services. The new entity will be called Birla Aircon.
With this acquisition, Birla Aircon will aggressively focus on power, road & highways, housing & building work, high voltage transmission lines, border roads, fencing of international borders, Link Road, Slope Protection & Border Outpost.
“With the kind of infrastructure spending proposed over the next decade, there are ample of opportunities that will come our way. Infrastructure would be a big space in the next seven to eight years and would witness massive investments. We have formed a separate subsidiary Birla Aircon to look at opportunities in infrastructure space. We have an army of highly qualified engineers to execute the infra projects that come our way,” said PVR Murthy of the Yash Birla Group.
Aircon Engineering Services has a host of reputed clients, both government and private, such as National Buildings Construction Corporation Ltd, West Bengal Housing Board, Kolkata Metropolitan Development Authority, West Bengal Housing Infrastructure Development Corporation Ltd, ONGC, Kolkata Municipal Corporation, Larsen & Toubro.
Aircon Engineering Services recently bagged single orders worth Rs 36 crore from WB Housing Board for a multi-storey building project and a road project worth Rs 15 crore from KMDA.