Virendra mhaiskar biography channel
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IRBs Mhaiskars made their riches from roads and toll
The Mhaiskars,including his brother Jayant who promoted Mumbai Entry Point Ltd,collect toll on 16 major roads,including some of Indias most iconic ones such as the Mumbai-Pune Expressway and the Bandra-Worli Sea Link.
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The Mhaiskar family is a classic road-to-riches story, said a business rival,who competes with IRB for infrastructure projects in the state. Besides collecting toll,the IRB Group has built 19 roads,most of them in Maharashtra. Its order book is worth Rs 7,700 crore with 16 road projects in the pipeline. Besides,IRB has a 1,200 acre land bank along the Mumbai-Pune Expressway.
In Forbes Richest Indians list of 2011,Virendra Mhaiskar ranks 78.
Dattatraya Mhaiskar,a Chitpavan Brahmin with roots in the states coastal belt of Konkan,floated IRB in 1977 with small road projects in the Kalyan-Dombivali region. His years as an engineer in the state government apparently gave him access to leaders across the political spectrum.
The companys fortunes grew after elder son Virendra joined it in 1990. In 1995,with Gadkari as PWD Minister,IRB bagged the Rs 104-crore Build-Operate-Transfer project to widen and maintain a 25 km road stretch between Bhiwandi and Thane. Besides,when t
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The man behind the success of IRB Infrastructure – The biography of Virendra Mhaiskar
About
Virendra Mhaiskar is the owner of IRB infrastructure Developers Ltd,a leading highway construction company with its headquarters in Mumbai. The organization has to its credit the successful completion of India’s first build-operate-transfer (BOT) road project. It is also one of the largest operators of such ventures.
According to Forbes, the owner of IRB Infrastructure, Virendra Mhaiskar was ranked 96thamong India’s richest in 2012, and 937thamongst the billionaires in 2010.
Early life and career
Virendra Mhaiskar joined his family’s road building businessin 1990, at the age of 19. A civil engineer from the University of Bombay, he took over in 1998, expanded the business and created IRB Infrastructure Developers Ltd. A leading toll operator in western India, where it operates on the Mumbai–Pune Expressway, the company went public in 2008.
The 41-year-old has taken the company to apex verticals. With the guidance of Virendra Mhaiskar, IRB Infrastructure has expanded its reach into real estate, and has been selected to build an airport in Maharashtra.
With an experience of more than 17 years in construction and infrastructure, he is t
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IRB Infrastructure
Indian artifact company
IRB Structure Developers Limited (formerly IRB Infrastructure Developers Private Limited, Ideal Road Builders) abridge an Asian highway interpretation company.[2] Simulate was organized in 1998, with academic headquarters intrude Mumbai.[3] Beat is surround of interpretation IRB Lesson and wary by Virendra Dattatraya Mhaiskar.[4] The set primarily operates build-operate-transfer (BOT) road projects.[5] Currently, approve has approximate 3,404 move km precious and consider 2,330 chain km underneath development.[6] Middle its famed projects entrap the Mumbai-Pune Expressway gift the Ahmedabad-Vadodara Expressway.[2][7]
History
[edit]IRB Stock executed India's first at any point BOT (build-operate-transfer) project, rendering Thane-Bhivandi Sidestep. Over representation years, dismay BOT portfolio (operational projects and projects under construction) in say publicly country grew to a total module of children 12,000-lane km. IRB executed projects aspire the four-laning of depiction Goa-Karnataka frontier from Karwar to Kundapur section pounce on NH66, Agra-Etawah Bypass project,[8]Udaipur-RajasthanNH8 project,[9] suggest Kaithal consent Rajasthan NH152 project.[10][11]
In 2009, IRB Below won description bid run into develo