Who is gv krishna reddy

After establishing a successful business, he pledged to work for his fellow Indians through the GVK Foundation. Amidst the most difficult times of our lives due to the coronavirus pandemic, GVK EMRI has been operating its ambulances in 15 States and two Union territories, transporting around 10, COVID suspected people every day to the hospitals and other health facilities, when the pandemic was at its peak. He also credits his wife Indira for her full support and encouragement since they got married.

He recalls how she used to get worried during the early days of his entrepreneurial venture as the kind of business he is involved in, which includes life taking risks. Although she had to spend many such anxious nights, she would rest assured that because of my fearless nature, I would overcome every challenge and deal with complex problems amicably.

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ET Financial Inclusion Summit. Malaria Mukt Bharat. Wealth Wise Series How they can help in wealth creation. Honouring Exemplary Boards. Who is GV Krishna Reddy? A story of an illustrious business career and active social action GVK Group is the story of an ambitious entrepreneur that began with a desire to establish an indigenous business for GV Krishna Reddy contributes Rs. He is well known She replaced the German machines with indigenous equipment and cut the waste, to wipe out the Rs.

She got down to the nitty-gritty, even switching off the air-conditioner in her own office, and worked in the heat with the generator running to keep only the lights on. She also disconnected the STD long-distance calling on the company telephones. I guess I needed to prove myself in the organisation: so I learnt the theory of the manufacturing process, then went and learnt production. I had meetings with all the middle-level and top people on every visit, listened to their ideas on how to improve the performance, and implemented the good stuff.

I stood near the machines and talked with the supervisor rather than the vice-president. Listening to the people who did the actual work, she managed to cut the raw material cost to make a profit of Rs. Having learnt the important lesson of keeping track of the money, she still sits to do her calculations at 6 p.

After Novopan became profitable, Krishna Reddy got the idea of merging the loss-making GVK Hotels — which had one property, the Krishna Oberoi — into the furniture company.

He had made his foray into the hospitality business when he acquired a majority shareholding in the four-star Hotel Banjara and became the managing director, completing the project in 77 and opening it in collaboration with Holiday Inn before moving on to tie up with the Oberoi Group. I had built the hotel because I had wanted to, even when I was a student. But it struggled for ten years before Novopan rescued it. The Reddys parted company with the Oberoi group, and every other hotel chain was interested in taking on the property.

So she had one more losing company to turn around! She took up the renovation of hotel after hotel, to achieve the target of ten properties set by her husband before she would be allowed to retire, from the two hotels it had in She has almost got there already, with the ones near Mumbai airport and at Yelahanka in Bengaluru on th e anvil — but her company has signed a new agreement to set up and run all the Ginger hotels in Andhra Pradesh too.

And an empire it is, despite the strains that the infrastructure sector has been going through for many years. He has even set up a tennis academy in Hyderabad to groom youngsters with potential. Today, Krishna Reddy continues to believe that only infrastructure — power, roads and airports, the three sectors in which his Group is actively involved -- can develop the country.