Hemant GulatiA civil engineer by profession, Virendra D Mhaiskar completed his diploma in civil engineering from Shriram Polytechnic in Navi Mumbai, before entering his family business in 1990. Mhaiskar soon established his own firm IRB Infrastructure Developers Ltd in 1998.
Steering IRB Infrastructure to execute India’s first BOT (Built Operate Transfer) project, Virendra D Mhaiskar treaded on an uncharted path to transform Indian roads and highways. Under his leadership, the company has constructed some of the biggest projects in the country till date.
IRB Infrastructure today operates one of the largest portfolios in India. The company boasts of 17 owned projects with a cumulative length of 12,800 km. It also has an asset value of Rs 35,000 crores with 20 percent share in the Golden Quadrilateral project.
Virendra D Mhaiskar guided IRB Infrastructure to launch the country’s first Infrastructure Investment Trust (InvIT) in 2017. He also shepherded IRB’s foray into HAM (Hybrid Annuity Model) space and acquired 3 projects within a short span of time. Mhaiskar has received several awards and accolades for his exemplary work in a challenging industry, amidst a slowdown.
Known as the most sought-after person in the industry for his impeccable knowledge and experience of over 25 years, Virendra D Mhaiskar was chosen as the ‘Young Turk of the year’ at the 6th edition of CNBC-TV 18 India Business Leader Awards. He was also honored with ‘Infrastructure Man of the Year’ at Maharashtra Achievers Award 2017, initiated by ET edge of Economic Times.
Palavi
IRB chief Virendra D Mhaiskar built his highway to success in India’s road developing business.
Saksham
Truly an inspirational story. Virendra D Mhaiskar deserves a lot of credit for changing the Indian roads.
Abhinav
I like reading about road infrastructure. I wish India can meet the world standards someday.
Toufiq
Virendra Mhaiskar is a well-known leader in the road developing world. His journey has been exceptional.
Samaksh
He has a good knowledge of the industry and writer as well.
Nausheen
Informative article. Thanks for sharing.