India has vast obligation of Infrastructure building and improvement. The PPP route was established in last decade also saw some tilt time. With the new government initiative the PPP has again come with better risk giving out matrix between private and public. Vishvaraj Infrastructure Limited (VIL India) has been a proponent of PPP model, and has recognized track record in Road and highways sector. With Urban Infrastructure foray in Water, it is today the only Indian Utility with ongoing projects in Water distribution as well as Waste water treatment and Reuse.
With Water scarcity hitting the country in a big way, with sustainability point of view, Vishvaraj Infra example of Total Integrated water management at Nagpur is being followed by the whole nation. Treating Sewage as Water Source and reuse for commercial/industrial purpose is key to releasing fresh water used by Industry for drinking, without augmenting fresh sources.
Government also realized the rational, and is supporting with policies promoting treated water use after the successful endeavor of Nagpur.
This has opened gates for USD 45bn+ drinking water and USD 25 bn+ sewage and reuse market for Private participation in India. Large Programs like Namami Gange (Ganga Cleaning) is based on Hybrid Annuity PPP model.
Arun Lakhani says he feels lucky & proud to be part of this era and contribute as VIL in this exciting growth story, particularly in sectors which affect lives of millions of human beings.
We believe in creating value for all stakeholders by removing inefficiencies. We consider ourselves as social entrepreneurs since Water, Waste Water and Transport; the sectors in which we have built our reputation are closely interwoven with the lives of people. As business, apart from value creation for share holders they also impact happiness quotient of the people, thus offering enormous satisfaction to us for our life transforming work.
With the understanding and sensitivity towards Indian culture, we see huge opportunities by improvising processes and effectively implementing the 4P model with the addition of a 4th P i.e. People —the citizens at large. In our opinion no business model can be sustainable in the long run without benefiting and involving the largest stakeholder i.e. the people.
Our persistence on benefits to all stakeholders, ability to structure the proposals accordingly, flexibility and management skills, sensitivity towards Indian culture resulted in the successful acquisition, assimilation and execution of various such projects. I foresee an extremely exciting future for VIL and can confidently state that we shall be the thought leaders in our selected domain.