![]() Currently, he is chairman of CII-Rajasthan. While we support meritorious students and their sports activities, we also give back to society for preservation of our cultural heritage.” Gaurav has been active in helping the government in policy making. He says, “We set aside 20% of our profits for social and cultural causes. But he believes that businesses need to give back to society. If I have to take each and every decision, I cannot build a company for the future,” says Gaurav. We want to empower and support them even when they make a wrong decision. “We want to build a team for the next 20 years. While the opportunities are there to seize the momentum, the growth has to be sustainable, feels Gaurav. Green corridor is an example of that,” says Gaurav. Transmission lines would be key to evacuating power from generation stations to supplying in load centres. Domestically also, the transmission business will expand rapidly because of the government’s focus on solar energy. We have bagged a lot of orders from countries like Tanzania, Nepal, Bhutan, Nigeria, Cambodia, etc. “The share will go up to 60% from the current financial year. It expects the contribution to rise exponentially. Similarly, the company exported to 20 countries and used to have a revenue share of about 10%. ![]() The deadline may have been pushed down due to Covid, but it will gain momentum generating huge orders for companies like us. “We expect the railway electrification business to grow faster as the government has redirected its focus to electrify all the tracks by 2025. Gaurav says they get 10-15% revenue from railway electrification and the rest is from solar. Today, out of the Rs 300 crore annual revenue, transmission towers vertical contributes close to 40%, while 30% is from the turnkey or EPC business. In addition, we ventured into the EPC business,” says Gaurav. So, I started manufacturing solar structures where the panels are mounted. ![]() About 15 years ago, we had the largest rooftop plant in Rajasthan. Similarly, I had a keen interest in green energy. “We forayed into railway electrification in 2014. But as Gaurav grew up in experience, he had a few new ideas on his sleeve to add new capabilities to the existing business. After the family separation, the transmission and telecom towers business came to his father Kishore Rungta, who modernized the manufacturing process and brought in design excellency with the help of technology. In those exposures, I had a grooming that made my entry easy and informed,” says Gaurav. But our approach to business is different. “I could have daintily taken over one of the corner rooms without these basecamps. As if that was not enough, he was sent to work with a company vendor. First, he spent six months in a law firm, then another six months in a CA firm. Although he joined as a trainee in the family business, Gaurav had to go through a series of apprenticeships.
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