Press
GVK Reddy shares his thoughts on the India-UAE trade agreement
India and the United Arab Emirates have committed to increase bilateral trade to $100 billion by 2030, resulting in the creation of millions of new jobs. The two countries’ complete free trade agreement is expected to benefit around USD 26 billion in domestic products such as diamonds and jewelry, which are currently subject to a 5 per cent import fee by the Gulf country. GVK Reddy agrees with the broad contours of the agreement and fervently elaborates how it will fulfil the aim of increasing...
GVK Reddy opines about the impact of Omicron on the Hospitality And Tourism Industry
Dr. GVK Reddy shares insights on Omicron’s devastating effects on the hospitality and tourism sectors of India. In addition to the massive impact the COVID-19 pandemic had on India’s various sectors, the new coronavirus variant – omicron is also shaking them. No sector is spared from the effects of this pandemic. In all areas of shopping, dining, and eating to travel, aviation, and trading, people are experiencing a dread about the renewed restrictions. Dr. GVK Reddy shares insights on...
Dr. GVK Reddy interprets the government efforts in revival of the hospitality sector from the blows of Covid
Hospitality has been one of the industries that have received the hardest blows of COVID-19. Hospitality has been one of the industries that have received the hardest blows of Covid 19. Sustaining their costs through travellers and tourists alone - the pandemic had quickly and unexpectedly blocked their only source of sustenance, leaving the industry in a gloomy state of depletion and drop. If we draw back to 2020, Hospitality was one sector along with tourism, travel or retail that directly...
Responsible Tourism amid Covid: GVK Reddy urges for wariness amongst Travellers of the Country
Amidst tour packages' misinformation spreading like wildfire, lockdown restrictions of countries changing by the minute or wrong choice of travel accommodation that might go against all your other safety precautions, Chairman of GVK Group, GVK Reddy suggests ways to safe travel for fellow Indian travel enthusiasts. By the beginning of the pandemic in India, in 2020, a sudden restriction on travel was one change that the country had rarely seen before. As the lockdown restrictions were slowly...
National Electricity Policy Draft 2021 is an ambitious initiative, feels Dr. GVK Reddy
Chairman of the GVK Group, Dr. GVK Reddy assesses the strengths of the new and promising Electricity Draft, underscoring the interest of the nation through a series of suggestions and unveiling the possible challenges that lie ahead of it. What is the National Electricity Policy Draft It is an ambitious government initiative that aims to accelerate the power infrastructure of the country, creating a sustainable power highway that makes electricity accessible to every pocket in the...
GVK Reddy Talks About Prospects Of Maritime Sector Being The Next Big Beneficiary Of Ocean Thermal Energy
Handling the climate change crisis is the real need of the hour. As the world faces unprecedented extremes of weather and the threat of Antarctic ice caps melting, we simply cannot look away. Founder and Chairman of GVK Group, Dr. GVK Reddy states, “It is high time we start taking better care of our planet, being kinder and more prudent with our limited resources before it is too late. The first step to sustainable practices is clean energy.” One of the latest development in the renewable...
As Greece Shows The Way In Renewable Energy Sector, GVK Reddy Talks About How India Can Learn And Implement
In recent times, if there is one nation that has shown the world an innovative direction with its immense emphasis and work on clean energy resources, it is Greece. Heralded as the cradle of Western civilization, the Greeks are an advanced culture with a scientific and modern outlook. Their present work in the renewable energy sector is incredibly commendable. Even when the entire world is struggling to accommodate resources, they are creating more, and doing so sustainably. GVK Reddy,...
Invest In Digitisation, Save Your Hospitality Business; GVK Reddy On Recent Covid-19 Surge
Hospitality is one of the most adversely impacted industries by the Coronavirus, the recent surge in infections has again posed threat to the already struggling sector Chairman of GVK Group, GVK Reddy has said that investing in digital technology can save the industry from unrepairable damages posed by the recent surge in coronavirus cases. The hospitality industry was one of the first to suffer when the pandemic was declared. As the dramatic events unfolded in the early months of 2020,...
India on its way to achieve Paris Agreement goals, says GV Krishna Reddy of GVK Group
While commenting on the changing dynamics in the power Infrastructure, he has said that India will exceed its environmental goals under 2015 Paris Agreement India, under the landmark Paris Agreement, 2015 has pledged to cut its Green House Gas (GHS) emissions and enhance non-conventional sources of energy amongst other objectives by 2030. Under the present regime, the nation has made some of the historic achievements in the direction to achieve the objectives including enhancing 250 percent...
GV Krishna Reddy led GVK EMRI saved lakhs of lives amidst the pandemic
While most of the Indians stayed in their homes during the lockdown, Covid-19 warriors at GVK EMRI risked their lives to save hundreds of thousands since the beginning of the pandemic. Part of the social service arm of the GVK Group — GVK Foundation, GVK EMRI has established state-of-the-art emergency ambulance services across the nation in 15 states and two Union territories, in a unique PPP model. When the Covid-19 pandemic spread to India, GVK EMRI employed its deeply rooted...
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 developing state-of-the-art world-class infrastructure in India. Consequently, as soon as GVK Reddy graduated, he accepted full responsibility for taking up his father’s construction business in the year 1960. However, he was quite new to the construction business and a bit skeptical of success. He says, “With very little knowledge of the trade, I was unsure of...
Indian healthcare sector and Covid-19; How philanthropy brought revolution amid the pandemic
GV Krishna Reddy led GVK EMRI, and Piramal Swasthya of Piramal Foundation amongst others brought gyration in containing the pandemic, helping millions across the nation in uncertainty Perhaps, the most difficult time for humanity since world war second broke out, Covid-19 brought the fast-moving world to a halt. Over millions have already perished and has left billions in extreme difficulties and uncertainties. However, such a time also made us witness unprecedented collaborations across the...
GV Krishna Reddy contributes Rs. 1 crore for Ram Mandir construction
Padma Bhushan Dr GV Krishna Reddy is the founder chairman of GVK Power and Infrastructure Ltd. He is well known for his social development and environmental sustainability projects. Eminent entrepreneur and philanthropist Dr GV Krishna Reddy has contributed Rs. 1 crore for the construction of the Bhavya Ram Mandir. Also present on the occasion was his son GV Sanjay Reddy. Today, GVK Foundation has become one of the most prominent organisations that are actively involved in...
GVK Group’s Mumbai airport awarded ‘Best Airport’ by ACI fourth time in a row
Mumbai: Even as the GVK Group prepares to exit the airports business, it's the jewel in the crown, Mumbai's Chhatrapati Shivaji Maharaj International Airport (CSMIA) has been awarded the Best Airport by Size and Region, in the over 40 million passenger category, by the Airport Council International (ACI), for the fourth consecutive year. CSMIA was lauded for its dedication and commitment towards delivering a superior customer experience by providing world-class facilities and services for its...