City
Epaper

PSP Projects holds the reins in the construction businesses of the world

By ANI | Published: May 24, 2021 1:21 PM

Founded by Prahalad S Patel, PSP Projects, a construction company has been involved in constructing the world's biggest office complex, Surat Diamond Bourse, having a contract value of Rs 1575 crore and `66 lakhs sq. ft built-up area.

Open in App

Founded by Prahalad S Patel, PSP Projects, a construction company has been involved in constructing the world's biggest office complex, Surat Diamond Bourse, having a contract value of Rs 1575 crore and `66 lakhs sq. ft built-up area.

Having completed more than 150 projects in various industry segments, they have also constructed the renowned 'Sabarmati riverfront' in Ahmedabad.

The mind behind the firm, PS Patel cherished the vision to do something big and different. Working towards achieving the dream, the man decided to set up his endeavor, PSP Projects Limited in 2008 with merely 2 lakhs in the pocket and only fifteen employees. He effectively executed modern, institutional, legislative, government-private, and private projects. He dates back his inspiration to work hard from his school.

"Without a doubt, the qualities I picked up from the Sainik School, Balachhadi were trustworthiness, discipline, ingenuity, responsibility, commitment, dependability, and quality work. It is therefore what I imbibe in my whole team at PSP Projects. Every task we take up is done with complete dedication and that is what I always look forward to maintaining," he said.

Being a one-stop solution for all building construction needs, PSP Projects yields all services like designing, construction, MEP to Interior Fit-outs. For the construction of the Surat Diamond Bourse, they created a record of pouring in 120 trucks of concrete daily for 400 days. Even during the pandemic, they alleviated the ones working with them, providing them shelter, and arranging conveyance for all those migrating to their hometowns.

While other finance managers held it as a loss, the business visionaries at PSP Projects amplified the break by utilizing it to fortify their SOP along with his 4-member core team, furthermore, by investing and implementing the pre-cast factory. Appreciating the tech-savvy and result-arranged gen-next, Patel censures their hesitance for fieldwork. During the challenging time of covid and lockdown -

The business virtuoso has grabbed quite a few awards for his exceptional work in the field. Some of the most prominent ones include Second Fastest Growing Construction Company for two years and 'Top Challengers Awards' for three years in a row, ICI-Ultratech Outstanding Structure Awards 2020, Patidar Udhyog Ratna Award By Sardardham 2020, and Times Inspiring Entrepreneur Award for the Fastest growing construction company of the year 2020.

Both the man and his company have made a mark on the industry and it could be anticipated that they are going to make it even bigger in the coming time.

This story is provided by ThePRTree.will not be responsible in any way for the content of this article. (ANI/ThePRTree)

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: PSP Projects & Proactive Constructions Private LimitedSurat diamond boursePrahalad s patel
Open in App

Related Stories

NationalSurat Diamond Bourse: Here are some interesting facts about the world's largest office building

BusinessPSP Projects bags order worth Rs 317.13 crore

BusinessBigBloc Construction Ltd conferred with Top Challengers Award at the 20th Construction World Global Awards 2022

Business Realted Stories

BusinessWomen break through glass ceiling at IndiaSkills 2024

BusinessExtreme poverty in rural areas largely conquered: Dr Arvind Panagariya at CII Summit

BusinessReserve Bank hosts conference on governance in asset reconstruction companies

BusinessFinance commission chairman underscores need to unlock private capital for meeting climate finance requirements

Business"Government is committed to create adequate capacities of AI technologies", says MEITY secretary S Krishnan