Chairman & Managing Director

Indukuri Syam Prasad Reddy is the Chairman & Managing Director of Indu Projects Limited, one of the fastest growing private sector infrastructure companies in India.  

Under Syam’s leadership, Indu Group has grown at a phenomenal pace in the last 8 years having clocked a turnover of over Rs 19,600 million for financial year ending March 2009*, and growing at a rate of over 100% YoY since inception. His vast experience, in concept to completion of construction projects has helped him develop a wide network with clients.
 
Indu’s capabilities and fundamentals have attracted investments by Citibank, Sun Apollo, Red Fort Capital, Credit Suisse as well as partnerships with brand enhancing entities like Johns Hopkins University and IFFCO.

Syam’s contribution in the area of real estate and construction is immense. He has brought in professionalism to an otherwise unorganized industry and has actively contributed through forums such as TiE (The Indus Entrepreneurs) and FICCI (Federation of Indian Chambers of Commerce & Industry). 

For the knowledge and the vision Syam brings along, the Indian School of Business honoured him by inviting him to join their Executive Board. Very recently, Syam was chosen as one of the Finalists of the Ernst & Young Entrepreneur of the Year 2008, a prestigious award that has carefully chosen outstanding Indian entrepreneurs and felicitated them for their vision, courage and leadership in building successful global businesses. 

  

CEO - Infrastructure Projects


Mr. B V Bhaskar Reddy has over 23 years of extensive experience in handling highly complex projects related to core and urban infrastructure like irrigation, water supply, power, multi-tier road and highway systems, integrated residential townships, advanced IT parks and others.

He is responsible for devising business development strategies, forging strategic alliances, establishing high level contacts in the industry and overseeing the overall business development operations of the company.

CEO - Mining

K Ramakrishna Rao has over 18 years of experience working in Government and corporate sectors. He belongs to the 1991 batch of IAS and has held leadership positions with the Government of Andhra Pradesh. He has worked as Collector for more than six years in two districts: Adilabad and Guntur. For the innovative public private partnership work which was done with TCS in the field of computer aided adult education, he received the prestigious “Satyen Maitra National Literacy” award in 2004.

He has done his under graduation in Chemical Engineering from IIT Kanpur and Masters in Design from IIT, Delhi. Later, while serving in IAS, he finished his MBA from Duke University, USA with specialization in investments and corporate finance.

Prior to joining Indu, he worked as CEO of Radha Realty Corporation as well as Director in Tempus Infra Projects. He was involved in development of prime residential and commercial real estate projects in Hyderabad, Bangalore and Chennai. He also worked on strategic projects of Tempus in power and construction sectors.

  

Director Finance


Mahender Basani leads Finance, Banking & Working Capital, Accounts & Audit, Taxation, Budgeting & Costing. He is also actively involved in overseeing and directing the strategy and directing the strategy and  managing financial risks of the company.

Prior to his appointment as Director Finance, Mahender was the CFO at Indu. He also nurtured new lines of business at Indu. He was instrumental in driving several key initiatives for the organization. Indu’s foray into Real Estate vertical is one such successful venture. With his best-in-class practices, Mahender, in his capacity as COO - Real Estate played a pivotal role in increasing the sales & profit growth of the company through effective strategies and operational improvement.

Mahender aims to help the finance function to transform from a 'supporting' to a 'business leading' function of an organisation, reducing its cost base whilst improving efficiency and quality of information and subsequent decision making.

Mahender has over 14 years of experience in strategic and operational aspects of management, including his experience at NIIT.