Usha B. Kulkarni

<p><b>The Company</b><br /><br />PRATIBHA INDUSTRIES LIMITED (PIL) the flagship company of the Pratibha Group is dedicated and committed to providing the society at large with quality infrastructure in its field of expertise which currently include design engineering and execution/construction of complex &amp; integrated water transmission &amp; distribution projects water treatment plants elevated and underground reservoirs mass housing projects commercial complexes pre-cast design &amp; construction road construction and real estate.<br /><br />The company which started with pre-cast products in just over two decades has created a technical niche for itself graduating into a multifunctional construction and infrastructure development company of repute with annual turn over of INR 8060 million.Our rapid and consistent growth over the years bear testimony to our focus on dedication quality of production and services through continuously evolving technologies along with timely execution of projects which has won us accolades and repeated business from our clientele.<br /><br />Origin &amp; Growth</p> <ul> <li>Pratibha Industries was established in 1982 by a dynamic young entrepreneur Mr. Ajit B. Kulkarni. The firm started its foray with manufacturing of SFRC manhole covers &amp; frames which were designed &amp; introduced as a replacement to the conventional cast iron manholes cover &amp; frames. Substantial saving on costs and elimination of theft vis-&agrave;-vis the conventional cast iron product ensured huge acceptability with practically all government clients throughout the country. Success in launch of the initial product saw the then partnership firm graduate from strength to strength by developing and marketing various other pre-cast products.</li> <li>Till the early ninety&rsquo;s the firm was focusing only on pre-cast products. In 1992 the firm decided to extend its presence in the civil construction industry and started participating in bids invited for such projects by Government / Semi- government Departments. In-depth technical knowledge and sound management ethics ensured that the company received its first major mass-housing project [INR125.00 million] from CIDCO of Maharashtra Limited in the same year. Being the first project and an opening towards various similar projects the firm completed the work successfully in seven months against the scheduled completion period of nine months. Timely implementation of this project provided the company opportunities and subsequent orders from IRWO (Indian Railway Welfare Organization) AWHO (Army Welfare Housing Organization) and reputed clients.</li> <li>In 1994 the Company realized that water supply projects hold great potential. However it did not possess any established expertise in execution of such projects. Inorganic route through formation of Joint Venture with a competent fellow contractor was the only way out and therefore the first strategic alliance with Coromandal Prescrete (P). Limited a Hyderabad based Contractor was inked. The Joint Venture successfully bid and was awarded one package from the prestigious Hitawne Water Supply Scheme. Thus started the journey of Pratibha in water supply projects a segment from which the Company derives more than 70% of its revenues.</li> </ul>