Jamshedpur,
May 29, 2018
Mr Vinayak K Deshpande has been appointed as Additional Director on the board of the Company with effect from May 29, 2018. Mr Deshpande is currently Managing Director of Tata Projects. Mr Deshpande is graduate in Chemical Engineering (1980) from IIT, Kharagpur, he has over 36 years of work experience in different roles, in diverse industries; starting with the design and sales of boilers and captive power plants at Thermax, to industrial automation and process controls at Tata Honeywell.
At Tata Honeywell, he was the Managing Director of its India business for five years till 2004-05, wherein he grew the company’s operations pan India, to achieve about 300% growth. Thereafter, he had a successful stint as the Executive President (Operations) of Tata Teleservices.
Mr. Deshpande took charge as Managing Director of Tata Projects in July, 2011. Since then Tata Projects has doubled its turnover and achieved all-round excellence in its business of Industrial Infrastructure. In 2014-15, he was instrumental in diversifying the company’s business in `Urban Infrastructure’ and ‘Civil & Environment sectors’, wherein the company won projects to build Urban Metro systems and High Rise buildings. In 2015-16, the company diversified in `Smart Cities’, subsequently winning an order for Smart Lighting in Pune City. In 2016-17, the company bagged its first order for River Rejuvenation in Jaipur (for Dravyavati River rejuvenation).
Today, Tata Projects has an order book of about Rs. 30,000 Cr and is poised for rapid growth. With the future in mind, the company would be `focusing on its six Business Units – EPC, Transmission & Distribution, Transportation, Civil & Environment, Urban Infrastructure and Quality Services. Under his mentorship, Tata Projects has been voted consecutively for the last 5 years as `India’s Most Admired’ and `Fastest Growing Construction Company’ by `Construction World’ journal. Mr Deshpande was voted as the Infrastructure Person of the Year for 2016-17. This year, Tata Projects also featured amongst `Economic Times Best Infrastructure Brands’.The company was also awarded by EPC World for `Outstanding Contribution in Power T&D’ & `Infrastructure’. `Dun & Bradstreet’ too has listed Tata Projects amongst Top 10 Infra Companies in 2016.
On personal side, Mr Deshpande is an avid trekker and nature lover.
(Rajen Sahay)
Head, Corporate Communications
TRF Limited.