Welcome To LANCO Group
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| Principal shareholders of LANCO Infratech Ltd. |
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L Rajagopal
Former Member of Parliament &
Founder Chairman
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L Madhusudhan Rao
Executive Chairman
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G Bhaskara Rao
Vice Chairman |
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L Sridhar
Director on the Board
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Mr. L. Rajagopal, a mechanical engineer and technocrat, founded Lanco 25 years ago as a construction company. Over the years, his vision and strategic direction have driven Lanco to successfully grow into a multi-business group with operations in several vital growth-oriented verticals such as Power, EPC, Construction, Renewables, Resources, Infrastructure and Property Development. Mr. Rajagopal�s strong belief in giving back to society has guided the Lanco Foundation (formerly LIGHT), a charitable trust established by him in 2000, in spearheading welfare and development activities in the fields of health, education, neighbourhood community development, environment, and rehabilitation of the physically challenged across 11 states of India.
After one-and-a-half decades of outstanding contribution to the industry, Mr. Rajagopal chose to enter public life in 2003. He is a Former Member of Parliament from Vijaywada, Andhra Pradesh. Service to society remains his abiding, guiding principle in this role as well.
Lagadapati Madhusudhan Rao is among the most keenly watched young corporate leaders of modern India.
An engineer with two post-graduate degrees in design and industrial engineering, Madhusudhan Rao returned to India in 1991 after a professional stint in the US. Coming back home, he joined the family's construction business - till then headed by his brother L Rajagopal, and brother-in-law G BhaskaraRao.
Over the next ten years, from a small family construction business, the Group forayed into diversified activities. These included steel, cement, foundry and power. Consolidation of the various businesses under a single entity - Lanco Infratech Limited, followed next. A definite strategic focus on Power, Construction, EPC and Infrastructure - as business verticals - came along its wake.
In 2002, Madhusudhan Rao took over as the Chairman of Lanco Infratech Ltd., when the founder Chairman, his brother L Rajagopal opted for active politics. In the next few years, under Madhusudhan Rao's leadership, Lanco emerged as one of India's fastest growing business conglomerates. Today, it is one of the largest private power developers in India with over 16000 MW under operation, construction and development. A strong professional leadership has been built across the organization which now employs over 7000 people.
Taking charge, Madhusudhan Rao had identified the need to continuously build and foster a corporate culture where enterprise, identity and ownership control complemented each other. By ensuring this he has succeeded in transforming Lanco into an enterprise that has been sustaining the best professional teams and gaining the confidence of investors and institutions. Critically, he has succeeded in building a unique value system and culture within the organization. Objectivity, clear guidelines and harmony of the individual aspiration with the collective organizational goal mark Lanco today.
Mr. Rao's efforts have drawn recognition and respect for Lanco as a mature and trusted corporate with an integrated Corporate Social Responsibility program. Lanco's CSR arm, Lanco Foundation, has numerous initiatives underway in Education, Health, Community Development, Environment, Disability and Safe Drinking Water. Lanco's CSR philosophy and practice are internalized across the Group and marked by coherent and integrated strategies for sustainable development.
Mr. G. Bhaskara Rao is currently the Vice-Chairman of LANCO Infratech Limited.
Bhaskara Rao holds a Bachelor's degree in engineering with Production as specialisation. He also holds an M.E degree in Machine Design from the prestigious Indian Institute of Science, Bangalore.
Bhaskara Rao is respected for his expertise and achievements in the Construction industry. His commended experience in project planning and execution continues to give a firm direction to LANCO's strategic growth, especially in the Construction and Infrastructure segments.
As Director and Promoter of Lanco Kondapalli Power Pvt. Ltd., Rithwik Energy Systems Ltd., Clarion Power Corporation Ltd., Aban Power Company Ltd., Lanco Power and Lanco Budhil Hydro Power Pvt. Ltd., Mr. L. Sridhar brings his experience and business acumen to bear on the growth trajectory of these companies.
From 1997 to 2003, Mr. Sridhar was Joint Managing Director of Lanco Infratech Ltd., formerly Lanco Constructions Ltd., and his extensive work experience, prior to this, includes his association with Acon Building Constructions in San Jose, USA.
Mr. Sridhar has a BE degree (Civil Engineering) from the Siddaganga Institute of Engineering in Tumkur, Karnataka, and an MS (Construction Management in Civil Engineering) from the University of Eastern Michigan in the United States.