Mr. C M Rajesh (Executive Director)
1] How have you found Construction Sector in India.
Construction Industry is an indicator for the country’s development a multiple investment opportunities are created and contributing in economic growth of the Nation as a whole. As on date several companies are coming up and involving in different construction activities, mid-sized companies specializing activities, small and medium contractors work on sub-contracting basis, and the construction sector at present become the labour-intensive, creating indirect employment opportunities.
Infrastructure sector is playing a pivotal role in economic growth, providing quality of life to the public, which is becoming the base for modernization, westernization thereby becoming part in economical development, and higher employment opportunities, with sustainable growth.
In the union budget has made significant provisions for the growth of construction industry, earns capital expenditure outlay of INR 10 Lakh Crores, with substantial allocation for railways, regional airports, transport infra projects.
The construction is driven by challenges like adopting advancing technologies, time and concerns, workforce issues and other issues like legal issues, government regulations and environmental concerns. We are facing a major problem of inefficiency, due to which some of the projects are facing time and cost overruns.
In conclusion, the construction industry in India is witnessing significant developments and transformations. The Indian construction industry is the third in number of the 13 major economic sectors and is the second-largest job creator after agriculture. The increasing focus on sustainable practices, digitalization, and the use of advanced materials are some of the recent trends that are shaping the industry’s future.
2] What do you think sets your business apart from its competitors?
RITHWIK has started its professional journey 31 March 1999, since then the organization has passed through lots of challenges. To be specific, the Growth of the organization started from post covid, as we have got diversified projects in different verticals like Water Projects, Roads, Mining sector, Hydro Power, Metro building projects etc. The company expanding at a faster pace, and we are exploring new businesses across the country.
Rithwik’s main asset is an excellent blend of managerial, technical, and support talent from across India. The company’s human capital consists of professionals who have graduated from premier and other reputable Indian and International universities. They bring their expertise and years of rich experience from various fields to help Rithwik’s operations run smoothly and set extraordinary standards.
Rithwik Projects’ plant and machinery includes Slip- form Concrete Pavers SP-94, Crushers 200 TPH and 300TPH, Concrete Batching Plants 160 Cum, 120 Cum, 60 Cum, 30 Cum capacity, Self-Loading Mixers 4 Cum, Sensor Pavers 5.5 mtrs, Transit Mixers 2.5cum & 6 Cum, Boom placer’s 100 cum, Tippers 25/28 TON capacity, 11 TON, 20 TON and 30 TON EXCAVATORS, Hydra Cranes 12 and 23 TON, Graders, Compactors, Loaders, Gen sets from 30 Kva to 500 Kva, Automatic & Semi-Automatic Drill jumbos, Shotcrete Machine, Grouting Pump’s and many more.
The company is particularly interested in introducing the best and most advanced P&M technology for all types of major works such as barrages, tunnels, and road construction. Drilling jumbos, Alpine miners, tele belts, tower cranes, crushing and batching plants, and sensor pavers are examples of such equipment.
The company is smartly linked across the rank and file of the organization throughout the country with up to date communication systems.