GMR Infrastructure, the Bangalore-based infrastructure developer focussed on airports, power generation and highways, has announced the commencement of the construction business as a separate operating division.
According to a statement from GMR, this construction division would primarily handle the projects of the company implemented through its subsidiaries.
"This strategy would progressively lead to the backward integration of the company's infrastructure projects, the construction component whereof has so far been outsourced to reputed construction companies," the statement noted.
