| Engineering Procurement and Construction (EPC) | Design and construction of roads, highways, tunnels, metro, railways, and power transmission infrastructure. | Integrated model with in-house manufacturing, experienced workforce, strong project execution record. | Predominantly B2G clients including National Highways, state agencies, metro corporations, and railways. | In-house design and engineering services coupled with project management. | 107636 | 16 | Project execution contracts, milestone-based payments from government and private clients. | Contract-based payments, typically fixed price or milestone linked. | Government infrastructure spending, technological integration, and expanded services into railways and metro. | |
| Build Operate and Transfer (BOT)/Annuity Projects | Development, operation, and maintenance of road infrastructure under HAM, BOT, and DBFOT models generating annuity and toll revenues. | Large portfolio of operational assets, experience in asset monetization, ownership stake in InvIT enhancing returns. | Government and quasi-government entities with public infrastructure concession contracts. | Operational projects with stable annuity cash flows. | 581230 | 75 | Annuity or toll collections from operational road assets over concession periods. | Recurring annuity income and operating revenues from asset management contracts. | Government emphasis on hybrid annuity and PPP models for road infrastructure development. | |
| Others | Manufacturing of construction materials, electrical poles, telecommunication infrastructure, and logistics park development. | Strategically located manufacturing units, technical expertise, and expanding to high growth infrastructure verticals. | Construction and infrastructure firms, power utilities, telecom providers. | Manufacturing and specialized services like tunneling and ropeways. | 50605 | 9 | Sales of manufactured materials and services related to power and telecom infrastructure projects. | Direct sales and project-based contracts. | Backward integration enhancing cost control; diversification into power and telecom sectors. | |
